No deposit bonus

mike.

Senior member
2,101 709
yes, i used them for a year or so, they have fixed spreads on the major indices and currency pairs, no conditions apply apart from the usual bumf, easy to use platform etc...
 

jamesuk

Junior member
45 2
nice what i didnt like is that statement below the offer which says losses may exceed deposits,.. i will have a look on there terms and conditions. Thank you for the recommendation though Mike.
 

alexaherself

Established member
560 149
nice what i didnt like is that statement below the offer which says losses may exceed deposits

This is "statutory wording". Since it happens to be true (something to be aware of), they're legally obliged to point it out to you.
 

mike.

Senior member
2,101 709
Just to add on to what Alexa has said, imo, things like negative balance protection, guaranteed stops etc are things i would be looking more closer at as opposed to a free bonus. Remember, this is a business and a risky one at that, you can accumulate huge losses within minutes and a broker will take legal action to recover those losses, its not a game..
 

remme001

Member
69 2
If you are looking for a spread betting broker activtrades is the only spreadbetting broker I've come across that provides negative balance protection. They also insure your capital up to £500k instead of the standard £50k.
 

jamesuk

Junior member
45 2
Thanks Mike and Alexa for clarifying, malcr001 i have already checked them they seem nice but i read a few bad things on other forums regarding them any experience ?
 

remme001

Member
69 2
Thanks Mike and Alexa for clarifying, malcr001 i have already checked them they seem nice but i read a few bad things on other forums regarding them any experience ?

The negatives seem to be that they are a market maker and don't have the best execution times. In general all the spread betting brokers I've come across have a lot of bad feedback but activtrades doesn't come off too bad from what I've read but this simply may be because they aren't as large as it's competitors. These days I'm leaning more towards CFD brokers but wanted to point out activtrades as they offer decent client protection.
 

jamesuk

Junior member
45 2
i see thank you for sharing your knowledge, do you mind if i ask you why do you lean towards CFD brokers nowadays ?
 

gerryg

Established member
900 7
The negatives seem to be that they are a market maker and don't have the best execution times. In general all the spread betting brokers I've come across have a lot of bad feedback but activtrades doesn't come off too bad from what I've read but this simply may be because they aren't as large as it's competitors. These days I'm leaning more towards CFD brokers but wanted to point out activtrades as they offer decent client protection.

What kind of protection are you talking about? NBP? If your broker offers NBP I would steer clear from it as reputable one would never venture that feature especially in highly-leveraged market.
 

remme001

Member
69 2
i see thank you for sharing your knowledge, do you mind if i ask you why do you lean towards CFD brokers nowadays ?

Too much conflict of interest for me, SB brokers and their traders are true counterparties and considering the broker controls the data you base your trades on, can delay the price feed as well as requote you the broker has the edge over you. Some of the above applies to CFD brokers too but it depends on the type of broker but in general the reviews of SB brokers are bad which hasn't filled me with a lot of confidence. Trading is tough enough as it is.

What kind of protection are you talking about? NBP? If your broker offers NBP I would steer clear from it as reputable one would never venture that feature especially in highly-leveraged market.

NBP and protection of client funds up to 500k instead of the standard 50k.
 
 
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