Day Trading & Forex Forum

bikhod

Hi

I am looking for a SIPP CFD provider. Given City Index and IG Index have pulled out of this market, the current choice seems to be limited to CMC Markets and GNI Touch.

CMC markets does not appear to get good reviews.

GNI has no reviews in T2W, but, it does seem to have good reviews elsewhere. Anyone tried GNI? Any comments/thoughts?

Thanks

CFDplayer

III has its own SIPP CFD service while its standard CFD is WLP from CI.

bikhod

Thanks.

I am not familiar with WLP and CI - what do they stand for?

cozza007

hi, i can firmly reccommend GNI touch, myself and 30 other traders that i work alongside have been using it for years and can honestly say it is head and shoulders above the rest, we have over 30 platforms with them and 20 traders trading their SIPP, stay well clear of CMC and the other retail platforms, GNI only profit from charging you commission and financing, as aposed to making profit from your losses. Email me and ill tell you who to speak to to get the same professional rates as us, Chris

Richie_A

I tried the demo platform for GNI and found it was fantastic. The only thing I found was that it was quite expensive. Do you not find the software cost and commissions quite pricey compared to say E*Trade?

cozza007

i agree, i am only comparing it to market maker and cityindex, which i had accounts with before and for me there is no comparison, the cost is slightly higher but think it is more than worth it, i havent used e-trade so cant compare mate

foredog

Haven't done SIPP with etrade but i trade CFD with them all day no problems and for £9.95 a trade you can't argue

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ptsclly

i use etrade for share deals and think their service is very good with excellent prices. Always helpful when you phone. Been with them for about 8 months.

Was thinking about Galvan but after reading this am going to abandon that idea... esp as etrade do cfds...... my mind must have got distracted...dunno what i was thinking..derrrrrr

Anyhow I need to learn about them before i start bunging hard cash at it so I am off to play on bullbearings with virtual money.

Some advice of CFDs would be appreciated..