Good UK broker?

Dec 10, 2016
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#46
I don't know about LMAX but for UK regulated brokers I like ETX ad IG Index . They have mixed reviews from some people but I have used them for years and have never had a problem
 

progix

Active member
Feb 25, 2016
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#47
I guess UK traders have freedom to choose any of the brokers available online however before going to choose any broker we better look at their reviews and reputation too.
 
Feb 7, 2015
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#48
For all other non fx products (indices/oil etc) then yes, they are cfds. To claim that all LMAX products are cfds is a massive distortion and means you are directing people away from their core fx offering which is above and beyond any of the rubbish mentioned on here.
Calm it bootsyjam, my main point is that they don't offer spreadbet and as you even mentioned some instruments are indeed CFDs.
 

bootsyjam

Active member
Sep 27, 2006
220
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London
#49
Calm it bootsyjam, my main point is that they don't offer spreadbet and as you even mentioned some instruments are indeed CFDs.
You stated this: "LMAX is a good broker for sure, shame they are CFD's only. They should offer spreadbet accounts but I'm sure they've already considered it and decided against."

They are not CFDs only. That is a completely inaccurate statement.
Stating something that is blatantly inaccurate is totally wrong and you should delete your post. Posts like that are the reason why there are so many false starts on these forums as people are posting without knowing what they are talking about.

They are a serious company who are an ECN, and as a result their core offering is fx,. They also provide offer excellent liquidity and depth of market to avoid slippage thanks to their pooling of markets via some large liquidity providers.

And yes, the indexes are cfds. And this is not their core offering.

As they are an ECN they will have no interest in being a spreadbet company as this is completely the opposite of what they provide and what they sell themselves as. The fact that you don't understand the difference speaks volumes. Although you go into a lot of detail on the company you use. Are you doing some marketing?
 
Feb 7, 2015
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#50
You stated this: "LMAX is a good broker for sure, shame they are CFD's only. They should offer spreadbet accounts but I'm sure they've already considered it and decided against."

They are not CFDs only. That is a completely inaccurate statement.
Stating something that is blatantly inaccurate is totally wrong and you should delete your post. Posts like that are the reason why there are so many false starts on these forums as people are posting without knowing what they are talking about.

They are a serious company who are an ECN, and as a result their core offering is fx,. They also provide offer excellent liquidity and depth of market to avoid slippage thanks to their pooling of markets via some large liquidity providers.

And yes, the indexes are cfds. And this is not their core offering.

As they are an ECN they will have no interest in being a spreadbet company as this is completely the opposite of what they provide and what they sell themselves as. The fact that you don't understand the difference speaks volumes. Although you go into a lot of detail on the company you use. Are you doing some marketing?
I can't remove the all important word 'only' you're fixating on or delete the entire post you keep insisting as it's too old so you're just going to have to deal with it. Yes, it's not entirely correct, it's not just CFD's as you keep 'kindly' pointing out but you're missing the point of my post. I'm not bashing LMAX here I think they are very good but there are more tax efficient ways to trading for the retail trader.
 
Apr 12, 2017
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#51
Hi guys,

New to this forum but I wanted weigh in on this discussion. I have been using a brokerage called SVK Markets for a few months now and i haven't had any issues thus far. They come from an institutional background and you will notice that they have a strong emphasis on service. Lets be honest if all your looking for is tight spreads (0.5 on major fx pairs), access to 12500 securities, a good platform and great service then I would give SVK Markets a try.
 

Pat494

Well-known member
Mar 27, 2004
13,035
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#52
BEWARE of ETX. They aren't accepting any email which is a bad sign !
They were given money from the Alpari (UK) collapse and ..........nothing !!