During the recent network glitch on Afrinvest broker, I noticed that multiple trades were executed for me (NGXGROUP stock precisely) now my balance is giving me a negative value while the units were credited to my portfolio. Please what should I do at this moment? should I complain for it to be resolved or should I gradually pay back the debit since I already have the shares on my portfolio?
You should complain immediately — do NOT start paying back yet. Since this happened due to a network glitch from your broker, the responsibility is likely on Afrinvest Securities Limited, not you. Let me explain clearly. What Likely Happened During the glitch: You clicked Buy once (or a few times) SRead more
You should complain immediately — do NOT start paying back yet.
Since this happened due to a network glitch from your broker, the responsibility is likely on Afrinvest Securities Limited, not you.
Let me explain clearly.
What Likely Happened
During the glitch:
You clicked Buy once (or a few times)
System executed multiple orders
Shares of Nigerian Exchange Group Plc were credited
Your account balance went negative
This is called: Duplicate Execution / Erroneous Trade
This is not your fault if caused by their system.
What You Should Do Immediately (Important)
Do these right now:
1. Take Screenshots
Capture:
Negative balance
Trade history
Date & time of trades
Quantity executed
This protects you.
2. Contact Afrinvest Immediately
Send:
Email
WhatsApp (if available)
Call customer support
Use subject like: “Duplicate Trades Due to System Glitch — Urgent”
Why You Should NOT Pay Yet
Because:
The trades may be reversed
They may cancel duplicate orders
They may adjust your balance
If you pay now:
You accept responsibility
Harder to reverse later
What Usually Happens in Situations Like This
Brokers normally:
Reverse duplicate trades OR
Adjust negative balance OR
Sell excess shares automatically
But they must investigate first.
My Strong Recommendation
✅ Complain immediately
✅ Provide evidence
✅ Wait for resolution
❌ Don’t pay yet
❌ Don’t sell shares yet (unless instructed)
See lessThank you so much 🙏 I will contact their team immediately
Thank you so much 🙏 I will contact their team immediately
See less