online trading

This is a discussion on online trading within the First Steps forums, part of the New Traders category; Hi All at moment I trade online with Nat West at £15 buy and sell plus stamp duty, I am ...

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Old Mar 16, 2004, 1:46am   #1
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Hi All at moment I trade online with Nat West at £15 buy and sell plus stamp duty, I am learning the game with £1000 to £3000 trades with these cost profit margins are very tight can anyone recomend a cheaper way or way round this

thanks oldsean
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Old Mar 16, 2004, 3:07am   #2
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Consider CFDs as an alternative to what you currently use as the costs should be substantially less.



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Old Mar 16, 2004, 3:34am   #3
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Yes - you would save on the stamp duty and bet the benefit of leverage.
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Old Mar 18, 2004, 1:05am   #4
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oldsean started this thread thanks but being new what is CFDs how do they work and where do get them
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Old Mar 18, 2004, 2:40am   #5
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Cash For Difference.
http://www.sucden.co.uk/PCD/EquityCfd/aboutcfd.htm
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