Can anyone recommend Spread betting company

13

Comments

  • Asheron
    Asheron Posts: 1,229 Forumite
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • blinko
    blinko Posts: 2,519 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    im looking for it to provide me with £70 per week as this will cover living expenses imcheap
    If i want sex or have a date i will need a little bit more lol

    but imnot expecting to retire on spread betting more a bit of fun i wontbe tradig more than £1 a point simply because you can lose andmake so much

    Iwill give trade fair a shot wats the sign up bonsus at ignidex
  • agsnu
    agsnu Posts: 1,457 Forumite
    blinko wrote: »
    ok just signed up today and deposited £100 and plauyed around on the indexes and managed to lose £50 euurrgghhh but if i had held my position i would be up 50 gggrrrr anyway stopped fiddling around with indexes and now shorted betfair as i feel there IPO has over valued them

    "I told you so". ;)
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 1 November 2010 at 10:36PM
    Its a bit like a three card trick, in theory its simple. In practise you wont find the queen. Start off small or its pointless, you have to learn first

    The sign up bonus does not usually apply to shares



    Might be better off buying the 'house' IGG and LCG
    LCG is very 'cheap' at the moment and might pay a good yield, a couple big investors reduced or sold their stake but artemis strategic still owns like 4% and he owns ig so I guess he rates them similar



    PM me and I'll give you details of a course I know, best person I know to learn from and/or see trade2win


    turbobob wrote: »
    The "short squeeze" can result in very violent upwards moves in share prices. An extreme example of a short squeeze was in shares of Volkswagen in 2008 where they briefly became the largest company in the world by market cap. Brief "dead cat bounces" in down trends where share prices rise dramatically before continuing in their original direction are probably caused by short squeezes.

    I remember that and it moved the entire DAX also.

    Its a character of bear markets to have extreme rallys apparently. March 09 thats how it was first called. Excluding currency depreciation this is a bear market really
  • jimjames wrote: »
    One I've heard of is IG Index

    Just remember all the warnings and that you can lose far in excess of the stake you put in. At least with shares you are limited to only losing all the money you invested.

    I have been setting up a site for a friend who had the misfortune of trading with IG Index and he had a pretty rough ride.

    He set up the following site

    http://www.igindexarecheats.co.uk

    I now nothing about spread betting but within days of setting the site up I realised why there is very little negative press about them.

    My limited experience of them is that they are very quick to courier out Cease and Desist Notices- illegal bullying tactics AFAIK. They continued to do this even though the web host's legal department had told them where to go previously. They only stopped after counter legal threats for intimidation and harassment.

    Frankly I don't care who you go with but I would suggest that you research any firm thoroughly. These firms spend a lot of money on SEO so use negative terms in your searches
  • blinko
    blinko Posts: 2,519 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I dont acutally like there paltform i prefer tradefair so i tend to usethem, but IGindex has AIM stocks

    they are being sued by evil knieval too
  • blinko wrote: »
    they are being sued by evil knieval too

    ??????

    Do you mean this?

    http://www.ft.com/cms/s/0/7260c51a-f733-11df-9b06-00144feab49a.html#axzz17K9cxRAm


    Ahhhh!!!!!!

    you mean Simon Cawkwell (thanks google) - what's the story then?.
  • Pachira
    Pachira Posts: 129 Forumite
    FYI Betfair is a 'trading name' of London Capital Group (LCG). LCG white-label their spreadbetting platform to quite a few different companies (IG Index excluded). If you check companies' T&Cs it will say something along lines of "CompanyX is a trading name of London Capital Group". You can spreadbet direct with LCG using Capital Spreads.
  • blinko
    blinko Posts: 2,519 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    capital spreads thanks ill take a look the only reason i went with IGindex is they do AIM stocks do you know any good SB companies that do AIOM stocks tradefair mainly does bigger stocks

    thanks
  • It can be quite crazy when you first start spread betting especially when there is no minimum to open an account with. But I know for sure companies like ETX Capital do give you great advice and tips on how to spread bet effectively. They even offer free webinars. I suggest you check out their spread betting webinars @ etxcapital.co.uk/Education/Webinars.aspx.
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