The lowest margin SB broker I could have.

Jaques · Jan 26, 2008

Hi there,
Frankly,I am a newbie in spread betting.I want to open a SB account but there are just so much bookmaker offering SB.I don't know which one suits me most.
(I am foreigner residing outside of UK and Ireland.)

Basically,I need an extreme low bet point bookmaker,1 penny per point would be perfect.If this is impossible.then the 1 point could be calculated in USD,EUR,SEK,whatver..so the overall position cost would be lower.

Maybe some of you might laugh on me,but frankly,I am newbie,so I think I've better learn by using little capital first.

Any reply would be welcome.

gle101 · Jan 28, 2008

Jaques said:
Hi there,
Frankly,I am a newbie in spread betting.I want to open a SB account but there are just so much bookmaker offering SB.I don't know which one suits me most.
(I am foreigner residing outside of UK and Ireland.)

Basically,I need an extreme low bet point bookmaker,1 penny per point would be perfect.If this is impossible.then the 1 point could be calculated in USD,EUR,SEK,whatver..so the overall position cost would be lower.

Maybe some of you might laugh on me,but frankly,I am newbie,so I think I've better learn by using little capital first.

Any reply would be welcome.

Yes, this is really good thinking. If you are a newbie you will probably lose money to start with. Cutting down on the stake will probably result in that you will initially lose less money. Try out Finansbet (white label of Capitalspreads.com) and see if you can get an account in Swedish Crowns. It is hard to get a lower stake than that per bet I guess. When you get more accustomed to the platform and secure in your trading you can slowly increase your stakes.

whipsaw · Jan 28, 2008

I cant imagine that a white label will be able to offer an account in another currency than the overriding broker offers.

NB: Try IG's Tradesense and trade the first 6 weeks for a fraction of the usual size.

cu
whipsaw

gle101 · Jan 29, 2008

whipsaw said:
I cant imagine that a white label will be able to offer an account in another currency than the overriding broker offers.

NB: Try IG's Tradesense and trade the first 6 weeks for a fraction of the usual size.

cu
whipsaw

Well apparently you are wrong in this assumption. Finansbet.com in Sweden offer stakes with 1 unit=1 Swedish Crown. Finansbet.com is a white label of Capitalspreads.com (London Capital Group Ltd). However, I don't know if somebody outside Sweden, is allowed to open an account in Swedish Crowns.

The lowest margin SB broker I could have.

Jaques

Junior member

gle101

Veteren member

whipsaw

Member

gle101

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