Recent content by tan5ki

Hasn't this been done before and failed? Cantor Index had a spread betting exchange called Spreadfair and City Index had a Binary Betting exchange called Binexx. Where are they now? Id be interested to see how Betfair/Tradefair/LMax (as I think they will be called) will get over the huge...

Is the 1pt Wall Street available on FinSpreads too then?

This is great advice. Don't fall for the trap of automatically going for the SB firm with the tightest spreads, its all about execution!! IG have a great offering but if you want a simple platform to use which doesn't have all the bells and whistles on that you wouldn't touch anyway, then the...

Hi Everyone I was looking for a bit of help from you all and I'm really hoping I don't get everyone shouting at me for asking. I have read thread upon thread regarding training courses and trading systems but I was wondering if anyone can recommend one that specifically uses CFDs/spread betting...

In theory if it is negative you should simply receive nothing BUT I know IG introduced this charge about 6 months ago so now you could be short AND still charged overnight funding. I think it is something to do with the SB firms being charged by their brokers!

But dividends should reduce the value of the contract so that would only make sense if IG's price was the higher of the two. Looks like it may have been an issue with pricing as I've just seen that City Index are now quoting 1068.72/1078.31. I cannot log into my IG account for some reason at...

Does anyone know of any spread betting firms that do not operate one of these auto close out policies? I use IG & City Index who both have them now and I've heard CMC have had it for years which is one of the many reasons my barge pole doesn't go near them!! Is it just industry standard?

PartyMarkets don't charge minimum comms on CFDs but then I don't believe they have DMA either. Could be worth a look??

Agreed, I think its pretty industry standard now. Others missed off inc City Index, Finspreads, GNI, spreadco...

I was under the impression that spread betting could only be tax free is it was on a n execution-only basis. If these guys are providing a discretionary service I think it changes the trade from being a bet to being an investment and therefore its is taxable? Would anyone be able to confirm if...

SV Your last posting was over 2 years ago. I'd be interested to hear how you're getting on. Are you still trading with these guys?

I do like the idea of a "bonus" at the end of the month. Who are you executing your SB business through? If Im understanding this correctly, your White Labelling someone's platform and splitting the rebate you earn with the end client? That means that if you use IG, for example, Im already a...

Im sorry brendansvest but I kind of agree with Chezlaw. How exactly does the client benefit more from paying a wider spread to trade only to see 10% of it come back in one lump some at the end of the month compared to simply paying a 10% smaller spread to trade? What do some of the more...

Jason, I cannot tell you how helpful you have been by being so open & informative about your firm. Im a bit confused with the above, however, as I didn't see any response from you on the subject. How do FXCM get away with charging commission on spread bets?

I've seen that the City Index App was launched last week. I haven't had a chance to look at it yet but has anyone else? Is it any good?