SB firm with the lowest spread in stocks

[alevros]

Hello does anyone know which firm gives the lowest spread in stocks? I am mostly interested in us stocks..From what I saw Intertrader gives 0.05 % and ETX 0.08 %..Any opinion about the other firms? Thanks in advance.

 

[Templar42]

Hello does anyone know which firm gives the lowest spread in stocks? I am mostly interested in us stocks..From what I saw Intertrader gives 0.05 % and ETX 0.08 %..Any opinion about the other firms? Thanks in advance.

I think ETX may be the lowest at 0.08% per side. I believe Intertrader are 0.1% per side, as are GFT and IG. However, Finspreads offer a restricted number of equities as so-called 'day trade' spreadbets that also have a 0.08% per side spread, and a small margin requirement. There are only about 20 of these though.

 

[Sanity]

I think ETX may be the lowest at 0.08% per side. I believe Intertrader are 0.1% per side, as are GFT and IG. However, Finspreads offer a restricted number of equities as so-called 'day trade' spreadbets that also have a 0.08% per side spread, and a small margin requirement. There are only about 20 of these though.

Assume that's a total of 0.16% then for ETX? Just checked Spread Co and they're at 0.15% total (no mention of either side) at 5% margin.

 

[Templar42]

Assume that's a total of 0.16% then for ETX? Just checked Spread Co and they're at 0.15% total (no mention of either side) at 5% margin.

Yes on ETX. How interesting about Spreadco - I'd seen the 0.15% figure for them and assumed they just weren't very competitive and it was therefore per side, as they don't say. However, this website seems to think it is indeed 0.075% per side, which is damn good if it's true. Can anyone confirm this?

Comparing Spread Co to other spread betting firms

 

[alevros]

At the page of intertrader it states clearly that the spread is 0.05 % per side therefore a total of 0.10 %. The negative is that the number of shares offered especially in u.s. is quite limited compared to etx and ig. Look at the link

Tight Spreads, Fixed Spreads | InterTrader

 

[Vasco da Banana]

Might not still be the case, but ETX used to quote from 0.08%, so they could give you a wider spread and hope you didn't notice.

GKFX seems OK, although they don't offer as many shares as other SBs.

 

[Templar42]

At the page of intertrader it states clearly that the spread is 0.05 % per side therefore a total of 0.10 %. The negative is that the number of shares offered especially in u.s. is quite limited compared to etx and ig. Look at the link

Tight Spreads, Fixed Spreads | InterTrader

Yes you're absolutely right - I didn't realise that.

 

[lucas_king]

Hello does anyone know which firm gives the lowest spread in stocks? I am mostly interested in us stocks..From what I saw Intertrader gives 0.05 % and ETX 0.08 %..Any opinion about the other firms? Thanks in advance.

Hi,

I did a bit of research on this quite a few months back now and found that the majority of these spread betting firms offer the same spreads which was generally between 0.08% and 0.10%. One think I did notice was that a lot of them say ‘From as low as’ and that at time the spread is wider. Another thing to consider is requites! There are a number of providers that make a habit of requiting and on occasions giving an inferior price, which for me can be more of an issue than the size of the spread.​