Spreadbetting Companies

[speedyellowrs]

Hi Guys,

I've been doing a bit of spreadbetting on the financial markets, (mainly DJIA) over the last six months and having some fun and some decent results... some bad ones too over the last couple of days! I've been using Finspreads because I liked the charting packages, but I've found the platform to be a bit... unstable. Charts freeze occasionally, won't update the prices and so won't let you place a bet or close out just when you want. Can make things a bit fraught when scalping and it won't let you close out a trade immediately!!

Is this the norm with all trading company internet packages... could it be my connection/ laptop?

Thinking of changing companies and I was wondering which firms you guys use and why. Obviously I would prefer to use a company that's relatively well known ( ie won't go bust and take my meagre amounts of wonga with it!) and that comes with a decent charting package. I would be grateful for all your input/ recommendations.

Many Thanks in advance.

Johnny

[limpsfield]

IG are the biggest UK best spread betting company and have the best charts in my opinion.

I will declare an interest as I work for them but I was also a customer for years. Try them and see.

http://www.igindex.co.uk

Edited by limpsfield on Wednesday 23 January 13:23

[shadowninja]

Yes, IG Index. Also, CMC Markets. These both have the most reliable platforms if not the best spreads (and frankly what is the point in having 1 pt spreads if you can't close your position because the platform is being an arse; or in fact can't open a position until it's already moved 10 points).

I've heard lots of bad things about the likes of Finspreads, Capital Spreads etc.

Edited by shadowninja on Wednesday 23 January 14:21

[speedyellowrs]

Thanks Limpsfield.
I've heard others speak pretty highly of them/ you. As a customer, were you scalping or positioning? Sorry to be so inquisitive ( if I am, tell me to get lost!) but if I'm going to change companies I want to ensure my new setup has a stable platform that can move quickly and suits scalping.

Many thanks again.

[limpsfield]

We have clients who do all sorts - best advice with any of this stuff I think is just give it a go and see how it suits your style.

[speedyellowrs]

shadowninja said:

Yes, IG Index. Also, CMC Markets. These both have the most reliable platforms if not the best spreads (and frankly what is the point in having 1 pt spreads if you can't close your position because the platform is being an arse; or in fact can't open a position until it's already moved 10 points).

Totally agree. Looks like I'll give IG a look. Thanks again for input.

Cheers
Johnny

[speedyellowrs]

limpsfield said:

We have clients who do all sorts - best advice with any of this stuff I think is just give it a go and see how it suits your style.

Sorry... keep crossing with posts. I'll have a look at it this afternoon.
Cheers
Johnny

[shadowninja]

YHPM

[speedyellowrs]

shadowninja said:

YHPM

YHPM

[JamieBeeston]

www.spreadbetcheck.com

Run by a couple of PH'rs!

J

[Gemsbok1000]

If you decide to open an IG account have a look at their ad thats running in most financial publications, they will credit your account with £100 so long as you deposit £500. I opened my account and then saw the ad the next day which was a touch annoying!

[speedyellowrs]

Thanks guys. Wasn't able to do too much research today but will check out the sites tomorrow. Thanks for the heads up on the £100 as well. It all helps!!

Cheers
Johnny

[speedyellowrs]

JamieBeeston said:

www.spreadbetcheck.com

Run by a couple of PH'rs!

J

Thanks Jamie... just what I wanted.

[traxx]

limpsfield said:

IG are the biggest UK best spread betting company and have the best charts in my opinion.

I will declare an interest as I work for them but I was also a customer for years. Try them and see.

http://www.igindex.co.uk

Edited by limpsfield on Wednesday 23 January 13:23

One thing I will say about IG is that they are far better than the others when it comes to FX and Equity options

[limpsfield]

Gemsbok1000 said:

If you decide to open an IG account have a look at their ad thats running in most financial publications, they will credit your account with £100 so long as you deposit £500. I opened my account and then saw the ad the next day which was a touch annoying!

I don't think that's IG guys.

[Gemsbok1000]

limpsfield said:

Gemsbok1000 said:

If you decide to open an IG account have a look at their ad thats running in most financial publications, they will credit your account with £100 so long as you deposit £500. I opened my account and then saw the ad the next day which was a touch annoying!

I don't think that's IG guys.

Apologies, you're quite right. It's cityindex who have that offer at the moment. Shows how much attention I was paying! Incidentally, I would also recommend IG with CMC a close second.

[speedyellowrs]

IG seems to be ahead in the polls... many thanks for all your input chaps.

Shadowninja YHM

Cheers J

[shadowninja]

YHM, too, but you already knew that or perhaps you've been hacked. Or you're schizophrenic.

[speedyellowrs]

shadowninja said:

YHM, too, but you already knew that or perhaps you've been hacked. Or you're schizophrenic.

Or maybe both....

[speedyellowrs]

Signed up with IG! First impressions better than previous company with much more comprehensive charting package. . I mean, I understand some of it....
This time next year, Rodney, we'll be millionaires....
Thanks again to all