Its a promotion to attract new business/customers, they will no doubt find a way of requoting or slowing down trades from anyone that presents a significant risk to their profits.
Interesting article, the Senior Trader by the name of Greg White is 1 of 64 staff that has been registered with Blue Index according to the FSA Register Even more interesting is that he is now a Director of Accendo Markets Ltd which has a total of 12 staff on the register, 6 of whom including...
Whatever amount you trade with dont expect to make more than 8-10% per annum, anyone that says they can return more than this would be doing it with their own money and not asking you to do it.
Chances are that if your account shows gains that are much greater than this you will never see that...
CFD Brokers are interested in trading volume, the more you trade the beter it is for them, that goes for all brokers because they earn a commission when you trade. The best case scenario for a broker is that you make money trading because then you trade for longer and pay more commissions over a...
It's an FSA regulated firm so definitely isn't a boiler room, looks like an introducing Broker to Saxo Bank from the images on their website.
FSA Register
Dealing DMA is essential, you can place your limit orders anywhere even within the spread and beacuse you are trading direct to the market your trades can be matched by anyone else dealing on the same exchange, If you are quicker you get the price, It's far better than dealing OTC with a...
I was thinking about dealing with BlueIndex, i have been talking to a broker there for a few weeks and he seems quite friendly and above all knowledgable, I have dealt with a few advisory firms in the past with mixed results should i give them a miss?