Hey, I'm looking to go back into spreadbetting because I've been out of the country..... who could suggest a good spreadbetting company.....I've been told capital spreads and worldspreads
Does anyone know a spreadbetting company that offers bets less than 50 pence a point - i think finspreads does 50p a point? but i would prefer less than this
There are dodgy brokerages that offer less than 50p ( of GBP ) - I have heard somewhere in this Forum. It was 10p so said. Try to locate it in one of these ( the threads for newbie or this one - how difficult is it to Trade? ) and also the one about 400 pounds profits .....
It should be in one of those mentioned above. So, please do search for it - 10p per pip! But please be careful though! You can also do a Yahoo search as well for cheap spread trade/ bet amount. It is wise of course to spread trade with as low as possible if you are just starting out ( but unlike paper trade - it is still money! ) and have some fun and profits!
The low capital requirement when you just bet in 10 or 20p per pip would be a non-stressor that is why it is very highly encouraged - BUT it is by no means comparable to gambling! The Amount of capital that I would advise for a 10p per pip would be GBP 500 if you want to play the Volatile Markets of Eurozone ( like the DAX and FTSE ) or the US ( like S&P or D Jows ), Asia-Pacific ones like Hang Seng more often than not follows the US ones with some influence from China and EU.
Remember to take it LIGHT and EASY and discipline is MAJOR requirement! You DO NOT CHANGE momentarily from 10p to GBP 1 in a few days of continual profits! That will be BAD TRADING MONEY MANAGEMENT and DISCIPLINE! Remember that 1p is like a trooper ( in military terms ) and 10 of them maketh 10 troopers ( a quarter of a platoon! ) so treasure your troopers and win a trade.
S K
Thanks cu20052003
I have traded with 1£ a point but find that with that amount my judgement goes out the window so would like to trade with a smaller amount. Read a great book once by ... name temporarily forgotten ... in which the author says that everyone has their own comfortable bet sizes and that to be successful you should bet stakes with which you are comfortable - not to great and not too small.
Hey, I'm looking to go back into spreadbetting because I've been out of the country..... who could suggest a good spreadbetting company.....I've been told capital spreads and worldspreads
IGindex are the best in my view. Purely a personal opinion. I have accounts with CS and IG.
I'll second that. I use CS for long-term because they're cheaper than IG but otherwise I prefer IG.
Hey, I'm looking to go back into spreadbetting because I've been out of the country..... who could suggest a good spreadbetting company.....I've been told capital spreads and worldspreads
I use finspreads, good platform, not much lag in prices and allow you to trade as you learn from 10p/pip across nearly all markets. Also and this was good, If you read a book called bets and the city ( no need to read it just goto www.betsand the city.com) she has a blog deal tied up with finspreads and they will credit your account with an extra 50 squid! The ballsed mine up and credited me twice ( keep to yourself! ) I use it for trading currencies, works well.