CFD's V Spread Bet Overnight Financing

[phoenix25140]

Which is cheaper on a monthly/ weekly basis?

Ive come to that stage where ive researched charts, got some trades lined up but
im hovering between CFD's or SBing.

Which is cheaper for weekly scalping, eg holding trades for about 7/14 days, possibly upto a month?

Thanks
Nath

 

[malaguti]

Which is cheaper on a monthly/ weekly basis?

Ive come to that stage where ive researched charts, got some trades lined up but
im hovering between CFD's or SBing.

Which is cheaper for weekly scalping, eg holding trades for about 7/14 days, possibly upto a month?

Thanks
Nath

Give us an example of what you may be trading..the amount and the spread.
For both the SB and the CFD
Its the spread which is your comparable cost of entry on SB, multiplied by your £/point. Your CFD will just be a fixed fee, along with a sprread also, but a much smaller spread. We could then say the overnight charges to be the same on both.
That will tell you which is the best option.

 

[new_trader]

Which is cheaper on a monthly/ weekly basis?

Ive come to that stage where ive researched charts, got some trades lined up but
im hovering between CFD's or SBing.

Which is cheaper for weekly scalping, eg holding trades for about 7/14 days, possibly upto a month?

Thanks
Nath

Weekly scalping *LOL*

CFD profits aren't tax free, so you need to take that into consideration.