Recent content by genbie

EUR/USD Spot spread: 2 pips Near and Far Quarter spread: 12 pips USD/JPY Spot spread: 3 pips Near and Far Quarter spread: 12 pips Deposit factor is 200 for all of the above, so you need £200 for a £1 stake. But you can reduce that by having your S/L closer. Also, the minimum stake for all of...

Thanks idetkov. That's an excellent rate! Almost as good as the spot rate. For large amounts of money it will make a difference. What do you mean by "small trades" on IDEAL? Is there a limit?

How much better IB? Is it slightly less than the spot rate? There are brokers that charge something like 250 pips (for GBP/USD) and that is still much better than the retail banks or the credit card companies!

You're lucky if they reply after a week! I've been waiting since late March for a very simple question as well :( http://www.trade2win.com/boards/showpost.php?p=321239&postcount=585

Forex Trading and Currency Conversion Hi, I am trying out IB's demo. I can not find any of the minor or exotic pairs on their FXTrader. How can I find them please, or do they only offer majors? Also, anyone knows when one opens an account with IB and, say, I want to transfer in GBP, and then...

Thanks very much MattyBuoy and apples10 for the replies. I hope someone could spare 5 mins to compare the rise (or fall) of any of the listed CFDs with its ordinary CFD counterpart please. For example, the FTSE100 long listed CFD rose about 17.5% in the last two weeks when the underlying rose...

What do you guys think of these new instruments traded at the LSE? http://www.listedcfds.com Only 1 MM at the moment. Can anyone who has access to traditional CFD quotes for any of the equities published on the above site tell me if the listed CFD has been moving in the same magnitude like the...

Good luck with this challenge. However, I have to say that achieving it will be very, very, difficult. The problem is that many newbies reading this thread do not realize that you only need to blow up once to get your account wiped out! Starting with $300, I would have thought $3,000 is more...

Hi Racer, Thanks for your reply. I meant comparing CFDs with shorting stocks with a direct access broker like interactive brokers for example.

Hi, What are the relative merits of trading CFDs over buying shares on margin or shorting them? And how do Single Stock Futures (SSFs) compare to the lot? Are there any substantial margin/tax/fees differences? I know buying stocks on margin or shorting them and SSFs always mean dealing with...

Hi Profitaker, Many thanks for the reply. In other words, CW issuers are in the same camp of spread betting companies who also create a 'market'. The issuers' response is that it is not a zero-sum game between them and a trader as was detailed in a recent Investor Chronicle supplement on CWs...

Anyone out there trades, or had traded in the past, covered warrants in continental Europe? Could you please mention any positive/negative experiences, and whether you recommend them? Thanks in advance.

Hi zzaxx99, Many thanks for the useful info. Much appreciated. As I see it, the major disadvantage of CWs is the possibility of MMs manipulating the pricing. But I can't see how this might be useful to them because at any point in time there is only one pricing model for each warrant that is...

As a side point, anyone has any experience with covered warrants in any of the more established European exchanges (e.g. Germany) please? Thanks in advance.

Many thanks bulldozer. Silly me, I didn't think that strats stood for strategies! But my interest is in mainly comparing the buying of both instruments because you simply can not write CWs. One point in favour of CWs however is the fact that there is no minimum contract size which may be an...