Recent content by parthaab

None of them trade LSE options.

Any broker who trades equity options in the UK? Not just CFDs and SB, like most of those mentioned above. Secondly, if not UK based brokers, where else can UK based traders, trade options? That too, reputable with decently priced spreads etc.?

Any broker who trades equity options in the UK? Not just CFDs and SB. If not UK based brokers, where can UK based traders, trade options? That too, reputable with decently priced spreads etc.?

For better leverage, at 1:100, they need to buy at least 15 contracts. But even that would take you off the market for volatility as little as 10 points. For leverage of 3%, you need to buy at least 150 contracts, which would need approx £250k as margin. Either on leverage, or on the margin...

Problem with brokers like ig.com, is that they offer only a relatively high 1:200 leverage for FTSE CFDs. This obviously means that ANY account, however big, will be wiped out with just a tiny 5 point adverse spike! Does anyone know any other respectable broker who would be able to provide a...

:thumbsup:

Nicely said. Most new traders do not know the dangers of 1. trading and 2. trusting SBs.

You may be mistaken. This was the reply: "As a senior writer, you should have known that market makers make up their own prices as they go along, suspending trading when it does nt suit them, or various other techniques mentioned in several posts, to track and destroy any trader who does turn...

FCA considers SB as 'betting'. The laws surrounding it consider trading SBs as 'gambling' too. Not much comfort for the talented 10% who could make money, given a fair chance. As a senior writer, you should have known that market makers make up their own prices as they go along, suspending...

Dont you think that rather sweeping statement is an insult to the 10% short term traders, who would win their trades, if they were allowed to do so, by their brokers? Besides shifting the reason for their failure, from brokers to their innocent victims?

Very informative link. Even though it is by a well intentioned, but misinformed stooge, who believes he is a whistle blower! Wonder why it should not be a sticky thread, so that everyone knows this is a casino more or less.

On the contrary, an increase in deposit would ensure that they have the money from the losers ( who are 90% of their clients at any one time )

Wisefool has answered most of your queries, so I will take this one. The reason why people continue to trade with SBs is because they do not know that playing against a market maker is essentially the same as going into a casino. There is always a new sucker coming along. Secondly, there is...

Scalpers and brokers have a bit of a love hate relationship. The vast majority of client's that scalp will ultimately lose money over the life time of their account which is why brokers put up with them. If an ATM gave free money away it wouldn't be operational for much longer than it took the...

You wrote: "Theres things called 'liquidity providers', the only time youll be a problem for your broker is if your efforts damage their relationship." What does this mean? What is there to research on?