< 1£ / stake

Are there any spreadbetting companies who let you bet for less than 1£ per stake?
I know of City Index and Finspreads but I have read some bad reviews on them.

Thanks!

What's the point of spread betting for tiny stakes? The only advantage is to save tax and if you're not making big money you might as well use any normal broker. AvaFX.com allows you to stake $0.10 per pip on a huge range of instruments.

Persian said:

Are there any spreadbetting companies who let you bet for less than 1£ per stake?
I know of City Index and Finspreads but I have read some bad reviews on them.

Thanks!

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At VDM Markets and Iflex Markets (same provider) you can open an SB account in different currencies. Also at the newcomer Dealingdesk you have the possibility to open account in different currencies. I hope this help.

Good Luck!

Thank you both for your feedback.

£10kLoser said:

What's the point of spread betting for tiny stakes? .

Click to expand...

To test a live system for little cost. Most demo platforms are useless and have delayed prices. Paper trading has its obvious flaws.

ffsear said:

To test a live system for little cost. Most demo platforms are useless and have delayed prices. Paper trading has its obvious flaws.

Click to expand...

And some demo platforms don't have the full charting of the live platform.

Some minimum stakes info i received by email if its any use to
any of you guys/gals
:cheesy:
------------------------------------------------------------------------------------------------------
Dear Ged

The current minimum stake on the following are (this is subject to change)

GBP/USD 0.11
EUR/GBP 0.24

OIL (light crude oil fut) 0.10
GOLD, daily 0.10

FTSE, daily 0.34
DOW, daily 0.11

Kind Regards

Katherine
VDM Global Markets