IG Or ETX Or Capital Spreads???

Hello

I have only been spread betting for 3 months and thats only been with a InterTrader spread betting account which they gave me £100 to trade with, but I don't really like their platform or the size of some of their spreads.

I have done some research as I'm looking to get a little more serious this year and take the next step with spread betting as I have turned the free £100 into £380. I have done research on IG, ETX and CapitalSpreads, can anyone recommend which one is best?

My research has brung me to the conclusion that IG have better spreads and customer care, and they seem to be the biggest as well. Can anyone confirm this and let me know if they are a good company to go with?

I'm mostly day trading FTSE, DAX N' BUND using a strategy I have put together after reading a few books.

Any advice on a good company would be appreciated.
 
M

member275544

0 0
Hello

I have only been spread betting for 3 months and thats only been with a InterTrader spread betting account which they gave me £100 to trade with, but I don't really like their platform or the size of some of their spreads.

I have done some research as I'm looking to get a little more serious this year and take the next step with spread betting as I have turned the free £100 into £380. I have done research on IG, ETX and CapitalSpreads, can anyone recommend which one is best?

My research has brung me to the conclusion that IG have better spreads and customer care, and they seem to be the biggest as well. Can anyone confirm this and let me know if they are a good company to go with?

I'm mostly day trading FTSE, DAX N' BUND using a strategy I have put together after reading a few books.

Any advice on a good company would be appreciated.

This will be a personal experience thing..i have had really bad experiences with IG and would never want to use them again, preferring ETX. But ETX doesn't have certain instruments which IG does.
Try both and then decide..i cant comment on capital spreads, I don't think I've ever used them. For what you are trading however, ETX would be my choice
 
Noticed today that my BUND trades have been getting referred to a dealer on InterTrader. I was only trading at £4pp, but when I entered today it said please wait referred to dealer which took about 5 or so seconds and filled me at a higher price than what I had clicked BUY at!
 
Last edited:
M

member275544

0 0
Noticed today that my BUND trades have been getting referred to a dealer on InterTrader. I was only trading at £4pp, but when I entered today it said please wait refereed to dealer which took about 5 or so seconds and filled me at a higher price than what I had clicked BUY at!

would be interested to know how you compare that to IG. That was happening all the time for me. also the price quoted on my ticket would not be the filled price, apparently that was blamed on my browser. Hopefully you don't encounter the same ****e
 
M

member275544

0 0
This is probably because your trade was going to make money and bucket-shops don't like that. Choose a decent broker my friend and save yourself a lot of frustration.

what do you consider a decent broker DJ?
 
On the verge of reaching £1,000 from the free £100 InterTrader gave me, and now all of my trades are being referred to dealer.

The account is at £912 as of typing with active trades open.

Should be fun when I try to ask for a withdrawal, I'm expecting some sort of term & conditions link sent back to me saying I can't until I do something like deposit £10,000 and trade with it or something.
 

igbonus

Newbie
3 0
-------- For IG USERS -------

We are a non profit website that offers bonus codes for IG.

Our main bonus offers up to 60% off on all commissions. This is fully working and currently been used by over 1000 people across the EU.

Installation of this bonus is quick and easy, it requires no changes to the end users trading experience and IG's great world class service. Your application will be passed to a fully regulated & partnered brokerage of IG who operates a corporate level net commission split under IG. The partner is paid a percentage share of the commissions for referring the you to IG, who then in turn rebates them to back to you. Funds are paid back automatically at the end of each month.

Commission reductions start at 25% up to 60% depending on your size and number of trades.

To apply visit igmarketsbonuscodes.com and follow the links.

Kind Regards.
 

peakoil

Well-known member
257 38
Obviously it depends on what you're trading - I'd just try to ensure that you use an institutional quality firm... I'd avoid all the retail crap & bucketshops...

But wait a minute, didn't the OP state that he'd only been trading for "three months"? So not only is he a relative newbie but he's also, whether you like it or not, most likely classed as a "retail client", and one seemingly in need of at least one good retail outfit. He's chosen spread betting, and that's his choice. Besides, if he doesn't have institutional amounts to play with, then why tell him to "avoid" retail firms?



To the OP

Some people think that today's s/b firms are little different from yesterday's 'bucketshops'. 'Use at your peril...' they may damnably declaim! But, today's reality is that the best (agreed - yes, not all) have definitely cleaned up their act and provide a very professional, and fair, spread-betting service.

FWIW, if you would like to continue down the SB route (and plenty of us have quite a few sb years tucked away by now) it is regularly and wisely suggested that you could consider having accounts with more than just one firm. So it's not, in other words, a question of "IG or another?" But: IG and at least one other. Lastly, should you have sufficient starting capital, then there is nothing to stop you from using spread betting firms plus other means of taking on the markets.

ATEOTD, it's all about getting the direction right. The reality remains, if you get the direction repeatedly wrong, then you're losing money no matter what.
 
Last edited:
S

sonofcablemonster

0 0
OP: Of course, please feel free to follow peakoil's advice and loose money.
The level of ignorance on these forums from many posters is astounding. It becomes very clear now why 95% of retail lose money...

wtf are you talking about. IG is absolutely fine for swing and position trading aka large stops and targets. Obviously dont go scalping or trading specialist stuff on it as you need access to the direct market for that.
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock