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Cheapest way to day trade
longwalks1
Posts: 3,834 Forumite
i know i may get shot down for this, but ill ask anyway, whats the best share-dealing account to have/use if you are a frequent trader, cost wise?
Currently pay £11 per trade (+0.5% stamp duty on purchases), then after my 10th trade (i think) that quarter, it drops to £9 per trade
Whats the cheapest if you are a very frequent trader?
Thanks in advance
Currently pay £11 per trade (+0.5% stamp duty on purchases), then after my 10th trade (i think) that quarter, it drops to £9 per trade
Whats the cheapest if you are a very frequent trader?
Thanks in advance
0
Comments
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http://www.x-o.co.uk/ are £5.95 per trade.0
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You may find that other brokers who charge more, might end up cheaper when you factor in the price of Level2 data.
Of course, far more important than price per trade, is fill quality per trade, especially if you are day tradin.'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
Thanks people
Purch, whats fill quality? excuse my simple Q's but am new to this)
Thanks again0
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