which is the best SB company?

This is a discussion on which is the best SB company? within the Spread Betting & CFDs forums, part of the Commercial category; I just want to know which of the Spread betting companies is the best in terms of trading platform and ...

Reply
 
LinkBack Thread Tools Search this Thread
Old May 26, 2003, 6:04pm   #1
Joined Apr 2003
which is the best SB company?

I just want to know which of the Spread betting companies is the best in terms of trading platform and execution of trades especially for newbies like me.
grubs50 is offline   Reply With Quote
Old May 26, 2003, 6:40pm   #2
 
awllee's Avatar
Joined Mar 2003
I use City Index.. the prices you see are the prices you get.. unlike some of the others which can keep you holding while you are requoted.
Spreads are comparative with the other SB firms.. except D4F who have the lowest spreads... (however, I hear their platform isn't all that reliable).
I've never had problems with City Index...
The only thing I would complain about is that they don't have an order book system where you can set your limit orders and stuff.. I hear this is in the pipeline though for the next couple of weeks.
awllee is offline   Reply With Quote
Old May 26, 2003, 6:52pm   #3
Joined Apr 2003
grubs50 started this thread thanx but do you know anything about finspreads and IGINDEX cos i have been told they are the best
grubs50 is offline   Reply With Quote
Old May 26, 2003, 7:00pm   #4
Joined Feb 2003
re:

Hi .

i have used finspreads and also have seen the trading platform for ig and cityindex, it is depends what you are looking for cos:

with finspread yuo can't place orders, spreads are two wide.the price refresh every 30 sec.

ig, has got the biggest spreads i the market etc,

city index update the prices every 3-10 sec.

so far deal4free is the best,

hope this helps
genti is offline   Reply With Quote
Old May 26, 2003, 7:13pm   #5
Joined Apr 2003
grubs50 started this thread But from what i have been reading so far on this website it seems deal4free is very slow to execute trades
grubs50 is offline   Reply With Quote
Old May 26, 2003, 7:22pm   #6
 
Helenqu's Avatar
Joined Dec 2001
I like D4F, prefer it to Fins. The new platform is much better than the old one and they are great for FTSE stocks.
__________________
Helen
Helenqu is offline   Reply With Quote
Old May 26, 2003, 7:26pm   #7
Joined Feb 2003
re:

it might be slwo for higher than £5 per point,

however as i mentionet befor is depend in your sircumstances.

for example , what is the min £ per point, do you like to stay on the front of the scren all day to wait and exexute your orders.
do you want to keep refreshing the prices your self. do you want to trade after hrs in case something hapen.

however what i can also say is that cmc has re-quoted me one day and i lost 100 points .

i had a buy in JMN (ftse100) at 801 i clicked a sell @ 823 and then they re-quote me @ 720 , i dint really expext that in thuoght is 820 so here we go lost 91 points X £? big amount

Last edited by genti; May 26, 2003 at 8:22pm.
genti is offline   Reply With Quote
Old May 26, 2003, 7:35pm   #8
Joined Apr 2003
grubs50 started this thread I am actually interested in the Dow and FTSE indices cos i seem more comfortable with them after paper trading 4 the past 2 months on TRADINDEX. I am not yet comfortable with individual shares.
grubs50 is offline   Reply With Quote
Old May 26, 2003, 8:15pm   #9
 
Gords101's Avatar
 
1 Posts
Joined May 2003
Personally I use Finspreads. The main reason was that for the first few weeks you could put bets as small as 1p per point. Gives you the chance to bet for real with very little risk.

Gords.
Gords101 is offline   Reply With Quote
Old May 26, 2003, 9:04pm   #10
Joined Jun 2002
Hi Grubs
I use both Fins and D4F. Fins for the indices and D4F for shares.
D4F Indices move like lightening and I simply could not cope with the ever changing prices. The spreads are wider on Fins but they are very easy to follow and placing a stop is also easy. The stop is also automatically removed when the trade is closed, unlike D4F where you have to remember to cancel it if you close the trade rather than being stopped out.
Good luck with your trading.
orchard is offline   Reply With Quote
Old May 26, 2003, 11:09pm   #11
Joined May 2003
never yet had to wait for a requote from d4f for up to £20pp
on indices.
but if you try to place an order in a fast market, all sb's will
tale a couple of seconds to confirm. Wouldnt you ?
as for bias, dont forget they make a market based on the futures market and that is more volatile than the cash market.
but if you have realtime futures, you will find the spreads are usually in line with the last trade.
__________________
Come fill the cup that clears
today of past regrets and future fears
bonsai is offline   Reply With Quote
Old May 27, 2003, 5:08am   #12
Joined Apr 2003
Read the reviews on this site, I have tried D4F and did not enjoy the experience. I use IG Index. Their system puts you in the market in a flash, even if there is a few seconds delay you buy/sell at the point where you pressed the button. Additionally a system allowing you to move stops and set limits has now been introduced.

Good Luck

spreadbet

I have no connection with any spread betting firm other than that of IG client
spreadbet is offline   Reply With Quote
Old May 30, 2003, 12:23pm   #13
Joined Apr 2003
grubs50 started this thread i think i have been convinced about IGINDEX over the past few days of reading different opinions, thx everybody
grubs50 is offline   Reply With Quote
Old May 30, 2003, 2:31pm   #14
 
sidinuk's Avatar
Joined Dec 2002
spreadbetting is like playing roulette at the casino. The house will always take a slice. In roulette it is the 0 which is the house's take, in spreadbetting it is the spread. D4F have the tightest spreads available in SB, IG have the widest. Would you rather play roulette with 1 zero or 3 zero's against you?
sidinuk is offline   Reply With Quote
Old May 30, 2003, 4:12pm   #15
Joined Apr 2003
grubs50 started this thread but D4f is the also the one most likely to requote me out of a favourable opening position from what everybody is saying.
grubs50 is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Have your SB company ever rewarded you with a freebie? hobby Spread Betting & CFDs 3 May 25, 2007 3:45pm
Why would a company do this? MarkSA General Trading Chat 0 Jan 31, 2007 2:27am
New SB Company juanbyte Spread Betting & CFDs 47 Aug 10, 2006 7:48pm
looking for company loveuja Commodities & Money Markets 0 May 23, 2006 4:01am
which SB company is best for FX? andrewmooton Forex 10 Aug 27, 2004 7:00pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)