It goes without saying that higher spreads are a bad thing!
I was refererring to the persistent belief that all spreadbet firms apply massive spreads. It simply is not true. There may be other disadvantages, such as execution delays/rejections, on the firms that offer the tightest spreads...
Why won't this "enormous spreads" nonsense lay down and die? The EUR/USD spread on Tradefair is always 1 pip. Until/unless they start rejecting your trades, you need to have some good reason (which I can't think of) to use a broker instead.
Hi All
I've been a casual spreadbetter for a few years (sports as much as financial originally), just starting trying to take it a bit more seriously. Work as a programmer in a financial data company and fascinated by Technical Analysis.
Just (re)discovered the site while trying to get an...