Recent content by diagram-p

That's correct filipand. Since my original posting, I have investiagted the Non-Dom laws a little more... there are some further changes in the pipeline. With the new regulations it makes no difference which offshore region you have your funds stored in as you are liable for tax on the capital...

When I first traded with them, they managed to pick one or two good stocks but they hedged with short positions on some rediculous stocks which inevitably lost more than the good stocks made. I think it is worth remembering that these traders are only as good as the market data that they receive...

Does that mean you advocate spreadbetting before actually placing trades?

It might be advisable to get a general understanding of what the market actually is before looking at the instruments traded on each one. For example what is a stock, bond, commodity and currency pair before more complex derivatives like options and futures. Let's say a company wanted to raise...

Makes sense! I was looking at trading the ETFs of the major precious metals to take advantage of being able to hold a long position without the risk of a futures contract...but your point is well made. I am not looking at working as a trader for a large financial or IB as I am 33 and a little...

Hi Guys, I previously posted to ask about offshore brokers and have received some good advice...thanks! I am a newbie to the site and also to trading. (Well not entirely true) I have been working as a contract consultant for a number of IBs for the past seven years starting with a straight IT...

Having worked for MOrgan Stanley in private banking, I figured the PB style is inevitably to build a portfolio combining fixed income, commods and equities based on the clients risk profile. I would rather trade my own stocks and take advantage of market volatility in the commodities arena. So...

I agree...being in the UK I was hoping to deal with a European broker. I will give you some more feedback when they update their pricing next week.

Hi Bendlikon, I was just on the phone with Interactive Brokers after reading through some other posts: the US account looks promising but they're customer service seems a little lacking. So far I have not been all that chuffed with internaxx since they don't offer autoquoting of the USD ETFs...

Hi Alan, I used Blue index to trade CFDs in 2006. I found their execution to be fairly poor. They were more interested in carrying trades over to charge LIBOR+ on the margin and executing large numbers of trades to increase their fees. I negotiated tighter fees with them and advised them of the...

Hi all, I am an non-domiciled UK resident with funds in Jersey, Singapore and Australia. I am looking for an offshore broker platform that will allow me to trade ETFs on the London Stock Exchange. I have opened an internaxx account but they do not autoquote the ETFs quoted is USD so I cannot...