Anyone trading live with these guys? They are a "white label" operation of London Capital Group Ltd. It is also interesting from a point of view, it will probably become the next Capitalspreads platform upgrade. Dealingdesk offers 2 point spread on the Wall Street Rolling Daily.
I had a look at the demo. Execution is quite fast. But looking at prices, they seem to be jumping all over the place. Cable for example could be jumping within a 3 pip range without there being any real move in the market or in the prices of other brokers/spreadbetting companies.
Yes I also had a closer look at the Dow. Yes it was a little off compared to the future, but definitely within a tolerable range. I did also compared i with GFT Wall Street Rolling Daily, and the prices were about the same. The platform is very fast, but it is the demo, and how it will perform under heavy traffic remains to be seen.
Phil Mibbutz
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Any tempting offers for new accounts yet?
Since it is a LCG outfit, if you already have an account with one of their other white labels and received a promotional bonus, I believe their rule is that you cannot get it a second time by opening an account with another of their affiliated companies.
But if you are a first timer with LCG, yes, a nice promotional bonus will attract some clients.
Thanks a lot. Keep reporting on how well Dealingdesk is performing.
What is your spread on S&P Rolling daily? Dealingdesk should correct the demo to be in line with that of the live account, when it comes to spread.
I have signed up for a live account. No problem at all so far, very fast platform and excellent execution. We'll see how well they perform in the weeks to come, when the real testing starts on performance. I have had no "invalid prices" or re-quote so far, what about you guys?
I did quite a few trades yesterday, and I must say I am really impressed by the execution and speed of the platform. The price feed on indices are accurate and I have not had a single "invalid prices" or re-quote. If DD keep this current standard under heavy traffic, and don't start to play games, they definitely have a big hit on their hands.
GLE, thanks for reporting back on DD, sounds interesting.
I note Jon41 quoted some spreads above ie ftse & EU = 1; GU = 2, would you mind confirming these are the spreads you are experiencing when using it.
many thanks.
I note Jon41 quoted some spreads above ie ftse & EU = 1; GU = 2, would you mind confirming these are the spreads you are experiencing when using it.
many thanks.
Thanks GLE, just wanted to be sure before opening an account with them.
Their 'product info' which looks identical to LCG's shows the normal CS spreads ie ftse 1; eu 2; gu 3.
But that's good news if the actual spreads on eu & gu are both one less.
I see IG are now offering a floating spread whereby sometimes it narrows to these figures and VDM do the same so maybe we are going to see a general tightening in the spreads with the SB companies.
thanks again.
Their 'product info' which looks identical to LCG's shows the normal CS spreads ie ftse 1; eu 2; gu 3.
But that's good news if the actual spreads on eu & gu are both one less.
I see IG are now offering a floating spread whereby sometimes it narrows to these figures and VDM do the same so maybe we are going to see a general tightening in the spreads with the SB companies.
thanks again.
Yes I can confirm, the spreads according to Jon41 is correct. However, on the demo the spread is not as good, but I don't really mind.
I noticed that DD are open 24 hours a day. As long as the the future market exchange is open you can trade the indices. This is good news from a risk management point of view.
Apparently there is a bug in the platform initiating a trade by clicking the trade button. The default stake unit should be 1 unit, but at times you get 2 or 4 units. A note of caution here, you might enter a bigger stake than you had anticipated.
Apparently there is a bug in the platform initiating a trade by clicking the trade button. The default stake unit should be 1 unit, but at times you get 2 or 4 units. A note of caution here, you might enter a bigger stake than you had anticipated.
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Demo vs Live charting
I have opened a demo account with these people, but I find their charts pretty useless and not exactly user-friendly. Are the charts on the live accounts any better? Or should I subscribe to a proprietary charting service such as ProRealTime and use their charts.
Trading Forex spots, btw.
I have opened a demo account with these people, but I find their charts pretty useless and not exactly user-friendly. Are the charts on the live accounts any better? Or should I subscribe to a proprietary charting service such as ProRealTime and use their charts.
Trading Forex spots, btw.
I don't use charts that any of the SB companies provide. You have to find an external chart package or any of the free MT4 brokers charts.
capitalspreads
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gle
the stake size for each market starts at 1 but the system 'remembers' the trade size of your last bet in that particular market.
this was requested by a great number of clients who were fed up having to continually put in their favorite stake size on every ticket. In analysis we tend to find that nearly all clients stick to a particular size to trade.
simon
the stake size for each market starts at 1 but the system 'remembers' the trade size of your last bet in that particular market.
this was requested by a great number of clients who were fed up having to continually put in their favorite stake size on every ticket. In analysis we tend to find that nearly all clients stick to a particular size to trade.
simon
Thanks for your reply Simon. Ok I understand, quite a good solution. I couldn't find anything about this on the site though. Maybe I've missed the information. I would have preferred a checking box with your own default value. But I guess you can't have it all.
