Please help confused which company to open accoutn with!

[nimish_rulz]

Hi guys I am new to the forum and I am looking for a firm where I can open Spread bet account. I have shortlisted 4 companies now wondering which one is the best and why. My trading resources for this month are just 1500. I ll be using technical indicators to enter a trade. I would require the volumes in the technical indicators especially for stock charting. Ok my shortlisted companies are:
IG Index(Because its popular and promises a good trading platform and gives you the facility to build your own indicators)
CMC( Not sure about it but looks second best to IG index)
Capital Spreads( Cheap spreads but after using demo account realised that the charting software is not that great)
Trade Fair(Cheap and provides a lot of variety with not a huge margin. Again the problem is the charting software).

I would ideally like to trade the UK and Indian Stocks while at the same time get exposure to the major stock indices around the world.

Any help would be greatly appreciated.

 

[montmorencyt2w]

Well Tradefair are currently giving you £100 when you open an account and also an offer on adv-thingummy charting which may possibly give you what you want.

IG are good if you are beginning trading, though they may insist on your opening a limited-risk account, which has pros and cons:

pro-The limited risk and low margins.
Con-larger spreads and minimum stops.

They have a wider range of trading instruments than Tradefair and a more sophisticated trading platform. I'm not sure if their advanced charts include volume these days. They also charge you for the latter if you don't make a certain number of bets per month. Might be worth while your emailing them to clarify these points.


CMC spreads aren't as tight as Tradefair, but don't know much else about them.

CS and TF are part of the same group; different platform.

 

[£10kLoser]

You'll find complaints against all of them but I am perfectly happy with my Tradefair account.

 

[Black Swan]

they're all fine, the odd pip difference here or there won't make a blind bit of difference to your trading early days. What is important is your MM (money management) and IMO you should only commit 500 quid of that 1,500 you have for starting out and punt no more than 50p per pip until you develop your own edge......Improve, then add the extra 500 to your account and up your ppp, improve again and do likewise...