Recent content by smallfry

Ah CMC, those lovely people.

Interesting comment Hung, generally I find their spreads very competitive, far more so than someone like Spreadex or Capital Spreads. Which markets did you trade with them? Actually I think you'll tend to find that more affluent customers care as much if not more about the spread than us mere...

Spreadex are offering lots of narrowed spreads at the moment, but WorldSpreads have a spread of 1 on FTSE Cash in March, amongst other promotions from the other firms. WorldSpreads also have 10 spread free trades for new clients. Does this indicate that spread wars will ultimately change the...

Always open to suggestions Marvin - whats your take on the markets now? Any hot tips? :rolleyes:

I think you will find Alan that because your parent Company is located in Birmingham, and that is where your website is registered, you will have to become registered with the FSA very quickly. Your website is a trading portal and as such the location it is hosted constitutes an outlet for your...

Well ISX, it strikes me that you're current charging structure makes this totally uneconomic. What exactly are you getting out of all this? By aggregating client orders, you are going to your institutional brokers and getting better prices. But that's assuming that your clients all buy or all...

ajgriff: what is a certain lack of logic...

I have spoken to Man and they confirmed they are recruiting their team now. As you may know, Stuart Lane, ex Director of Trading at Financial Spreads and before that City Index is now working there. I am told also that the two guys who know most about the trading system and Internet site at...

tomorton, I believe there is a term for what you propose, and it's called 'arbitrage' !! When/if the s/b firms find out you're doing it, then you'll have your account closed. But then that could be a blessing in disguise. There is actually a good way to get your account closed at Finspreads...

I don't wholly understand this. On your site you mention an affiliate scheme where you support the concept of introducing agents etc. But all you're doing is selling capacity in the market place as many of the telco's do to the low cost telecom companies. Does this mean that you will always...

Well that's all very well, but as you appear to have a pedigree of your own, how did you manage to launch your private investor services with such appallingly bad charges? This doesn't exactly engender confidence in what you're doing as far as I'm concerned, although to your credit you have...

I understand that Man are about to launch spread betting as a separate service to the CFD platform they obtained with GNI. Has anyone heard of this? Simon

As my namesake at Capitalspreads has so rightly pointed out, it is an absolute disaster for s/b firms to have losing clients. The cost to open an account is considerable after all the paperwork and checking has taken place. Then you have systems infrastructure costs and wage bills. So the...

I see you are regulated, but can't be bothered to put an address on your website. I also found this on your CFD page: "CFDs are a highly flexible and user-friendly trading tool, which afford clients access to trades and strategies, that until now have only been available to Institutions. "...

Well ISX, if your method of calculating prices is that simple, I can see why you have such awfully high charges. Clearly you don't have much of a handle on how to price markets, but then don't I recall you saying somewhere in another thread that ISX are not market makers? Simon