Recent content by ibetfinancials

Hi clbfjc, Yes, you can use the TT autospreader to spread BBS. You could also use the Stellar or CQG autospreaders which we also offer. Please contact me at the email below for software and commission costs. Any yes again, usually STIR spreads. Some small scalping outrights I believe also...

Hi tonyblu, Unfortunately as iBet (the holder of the future - hence the reason your trade can qualify as a Spread Bet) does not qualify for rebates, we cannot pass these savings on to the client. It is one of the drawdowns of iBet. We do however have a number of high volume STIR traders who...

As recent events have shown, two high profile organisations who allegedly segregated client funds have recently collapsed. The most important thing is to look at the company you are dealing with, how they operate, and the risks involved in their operations. Kyte Group does not have a...

Hi BF2, I very much welcome your questions, thank you. 1. The futures order at the exchange doesn't belong to you (the client), it belongs to iBet and so we cannot use "your" segregated funds to hold "our" (perfectly hedged) position. For this reason we do not offer high levels of leverage...

Hi BF2, Financial Spread Betting isn't a "scheme" ("movie scheme" etc). HMRC granted iBet (Kyte Group) a spread betting license, just like they issued to hundreds of other spread betting firms in the UK. The fact that iBet are the only company in the UK to choose to use professional futures...

There is nothing inherent in being a spread betting betting provider that says you need to widen te spread (prospreads etc) or not allow your clients direct access to the market (all SB firms). (Or take 3 seconds to fill trades, freeze platform, slip on entry and exit etc - its just what they...

"Just because they offer the same prices doesnt make it direct market access. Its the type of trade execution we are talking about here. With DMA you wont get all the funny business you will when you spreadbet as your trades will go through the exchange. " The price feed is DMA I have no...

Hi Truth Seeker, As mentioned below by Jimmy Lulz, we are only licensed to work with professional traders and tend to be more attractive to mid-high volume traders. We are not after the low volume retail market. I will contact you by PM however to see if we can be of assistance. For further...

iBet Financials can provide financial backing for traders with proven successful strategies on a profit sharing setup. For further details on iBet Financials please contact iBet Financials directly at [email protected]

All, We are happy to discuss this with any interested individual traders. Please be aware that we can only accept professional traders and our product may not be suitable for low volume/retail traders. For further details (relating to your individual circumstances) please contact iBet at...

Hi Hittfeld, You may be correct. We never sought legal advice or received confimration from Dutch authorities confirming that our activities there would be tax free. For further details on iBet Financials please contact iBet Financials directly at [email protected]

Hi fiftyfifty, We sought advice from a leading QC (specialising in taxation) and received written confirmation from HMRC that one of our internal prop traders activities when trading through spread betting would not be liable to pay tax on his earnings as his account was a financial spread...

Hi Sambar, Yes you could. We offer CQG Trader and Integrated Client. You could continue to use ninjatrader for chats and trade futures tax free using our datafeed. I will PM you to discuss or please feel free to contact us at [email protected]

Hi pboyles, It really comes down to volumes and margin requirements. Should a trader be able to meet margin requirements (or trade spreads etc = less risk) and still trade enough volume, then smaller deposits can definately be considered. We back succesful traders also in which case less/no...

Hi Moksha, Your are correct, there are no advantages for non-UK traders. This is a feature of Financial Spread Betting. Our accounts are true DMA, your trades go directly to the exchange, not via us. We are nothing like a typical spread betting company. We are far, far closer to a futures...