I seem to be doing reasonably well (touch wood !) scalping various FTSE100 stocks on L2 via direct access at GNI - Touch. Buying near the bid, selling near the offer, you know the sort of thing.
However, dealing commissions are becoming a bit prohibitive at GNI and eating into my small but regular profits.
Can anyone tell me if there is another broker out there with lower dealing fees than GNI (I currently pay 10 bp) but who will, very importantly, still allow direct access to the L2 SETS system on LSE for some scalping. I know Deal4Free are cheap but no direct access there I'm afraid!!
Any help gratefully received.
Cheers
However, dealing commissions are becoming a bit prohibitive at GNI and eating into my small but regular profits.
Can anyone tell me if there is another broker out there with lower dealing fees than GNI (I currently pay 10 bp) but who will, very importantly, still allow direct access to the L2 SETS system on LSE for some scalping. I know Deal4Free are cheap but no direct access there I'm afraid!!
Any help gratefully received.
Cheers