Has anyone Tried this Site?

Hi

Has anyone tried www.cybertrader.com , if yes than which one you think is better for U.K traders, trading U.S stocks cybertrader or IB.
Also can anyone recommend any good Direct Access Broker sites for Daytrading, Dax.

Kind Regards.

talkpanerai said:

Hi

Has anyone tried www.cybertrader.com , if yes than which one you think is better for U.K traders, trading U.S stocks cybertrader or IB.
Also can anyone recommend any good Direct Access Broker sites for Daytrading, Dax.

Kind Regards.

Click to expand...

You already asked this question on the 2nd of December.

Are you trying to hype the site?

http://www.trade2win.co.uk/boards/showthread.php?s=&threadid=4032&highlight=cybertrader

You said you compared it with IB - what was your conclusion?

IB trades the DAX.

The more hand holding and support services you require the higher the round trip etc costs involved. For example IB is very cheap but "No frills" service.

And here's another link:
http://www.elitetrader.com/br/?action=view&R_FirmID=21

I too had the choice between cyber and IB....

and i decided on IB for now as i didn't want to give my bank 2.5% in exchange commisions to move funds to the US

Also with sterling/dollar breaking new highs its wise to keep funds in sterling rather than dollars - i would have lost another 2.5% since i opened up my IB account had i gone with cyber.

IB has a London office and Cyber does not, so i believe
Hence the advantage of IB at this time.

.

Hello again

I did ask that question before. I didn't get any supportive answers. But now I have. I think I will go with IB as they open the account in pound sterling and have a U.K office.
No Sir, I am not trying to hype CyberTrader. I was only confused to make a decision.