leon michael
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I've been looking for a broker offering DMA on a cash basis (don't want to post large margins and pay funding on the entire notional amount, ignoring my lodged deposit).
I came up with Interactive Brokers and was ready to set things up, but it turns out they don't offer DMA for LSE shares smaller than FTSE 350. This is incredibly frustrating as I'm looking to post prices direct to the order book on small cap FTSE All Share stocks (i.e. shares with large spreads where DMA actually matters!).
Can anyone please point me to a reputable online broker which offers DMA on UK small caps, on a cash (not CFD) account.
Thanks,
Leon
I came up with Interactive Brokers and was ready to set things up, but it turns out they don't offer DMA for LSE shares smaller than FTSE 350. This is incredibly frustrating as I'm looking to post prices direct to the order book on small cap FTSE All Share stocks (i.e. shares with large spreads where DMA actually matters!).
Can anyone please point me to a reputable online broker which offers DMA on UK small caps, on a cash (not CFD) account.
Thanks,
Leon
