Contracts for Difference ?

neral1

Can anyone throw somelight on dealing with Blue Index? They say they specialise in CFD's. They are advisory brokers.

jonesMUFCforever

Rule of thumb - If you don't know anything about it don't touch it with a barge pole!!
I have never heard of the Blue Index.

dunstonh

Is this self advertising?

First post, not a area that an average person would get involved with and not something we usually see mentioned on here.

As it happens, I took a look at their website. Seems professional enough. Appears to be an error in the FSA authorisation wording which hasnt been updated to reflect current requirements but apart from that it appears that they have paid someone to give a site with good presentation.

cheerfulcat

neral, I would hesitate to use an advisory broker for CFDs, even if Zak Mir is the adviser, as they claim. CFDs are geared instruments, which means that you can lose much more than your original investment. They are not for novices.

Quarantz

CheerfulCat is absolutely right. Not a good instrument for beginners. I do trade in CFD´s and FOREX, but with a history of about 20 yrs in the stock/ and FOREX/market. It asks a great deal of knowledge and time. If you must (why would you) trade CFD´s I could advise you my broker, based in London.