Reputable Online Brokers

twills

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Chaps,

Just a quickie - can anyone vouch for a decent on-line broker where I can buy FTSE 100 & 250 puts?

Many thanks,
Tim
 
Hi to yourself

There is none to be found, darling.

In this world of non-perfection, even the big ones DOTH GO BANKRUPT!

Well, you can try the small spread companies for a few quid first per pip and see whether the price they quote is trustworthy! The general rule is that Spread Bet/ Trade Broker do not go against your bet, but they are required to hedge against your bet in the case that should there be any loss, the hedge is a guarantee.

But, you have to find out for yourself as there is none so far that I have found that is trustworthy. Not as yet! Read my thread 'Has the FTSE reached its TOP yet?' You can find some good advice about spread trade/ bet.

When the going gets tough, it is natural to get stressed and fearful of going into the MARKET even with the good info given by the EMA/ RSI or other analysis such as fundamental analysis.

So, will it be good to stay put? It is naturally not good as making some trades will risk your investment - this is liken to gambling, BUT gamblers DO NOT stress! Look at those poker chaps - they are good at psychology! In a game like poker, the straight faced ones normally WIN!

So, stay put, but it NEVER brings profits or any loss. What the solution is to get into the swing of things by getting certain perspective Right and get into V-trading. Virtual trading can be a BETTER option than PAPER TRADING.

S K
--------------------------------------------------------------------------------------------------------Hi there
Be one with GOD, so that HE may appoint a deliver for your Soul-HariHaraBramKalki(S K)



Chaps,

Just a quickie - can anyone vouch for a decent on-line broker where I can buy FTSE 100 & 250 puts?

Many thanks,
Tim
 
Chaps,

Just a quickie - can anyone vouch for a decent on-line broker where I can buy FTSE 100 & 250 puts?

Many thanks,
Tim

Tim
You can trade Ftse100 options with Direct Access using Interactivebrokers.
e.g. See attached pic of 5650 Calls after the close today.
No idea about Ftse250 though.
However why on earth would you want to buy options ? Time is always against you when you buy.
Imho.
Glenn
 

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cu20052003 and Glenn,

Many thanks for the replies - will investigate further.

Glenn, reason for buying options - good question. In simple terms, once bought, they're a sunk cost hence easy to sleep at night!

Tim
 
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