I am just about starting spreadbetting and curently using IGIndex.
They have fair amount of spread on bettings. Are there any other companies out there, which can offer better (Small) spreads than IGIndex?
Vasanthan: Ig -the spreads are killers. -But their site is good
Deal4free -is nickjnamed "steal for free" (have a look at other posts and problems"
I would recommend capital spreads as the spreads are tight and they always listen to both sides of the coin.
I do not see that Spreadbet & CFD costs can be the same, srely it depends on the size of the trade. Spreadbets are fine until you put on larger bets because the dealing costs increase linearly with the size of the bet. With CFDs this is not the case as costs are pretty fixed at certain levels.
Therefore Spreadbets are basically cheaper and simpler for small size trades and CFDs are cheaper for larger trades.
with some cfd companies thats true denny , but cmc simply have a spread on both i believe and i think most cfd firms offer both commission or spread on cfd , but few of them will work out cheaper than the spread with cmc !!
i can't speak highly enough of capital spreads, low margin requirements, probably the tightest spreads overall, easy account set up, helpful staff and very simple and practical trading platform. Never had any problems.
Only improvement they could make is to get some real time charting. But i can't say i've ever been impressed by any spread betting company's charts.
Have been with Cantor and Deal for Free before and had bad experiences
As far as spreads go CMC and Capitalspreads are the leader's in this area of the service. Capitalspreads are apparently to launch rolling cash bets in the future and this will result in a drop of the FTSE spread, maybe it will have a similar affect on other instruments.
Capitalspreads customer service would appear to be way ahead of CMC.