Cityindex trading platform

ellzman

Hi,

does anyone on here have a cityindex trading account? (spread betting account?)

how are you finding it?

rockitup

Have City Index changed their platform recently? I was with them a couple of years ago and found there were annoying delays in closing my spread bets. I would be interested to find out if they have got any better.

I have also held an IG Index account for 5 years and find that very reliable although their spread on some bets are a little larger than other firms.

I just opened and funded an account with CMC Markets this week and am very pleased with their new platform but it was only my first day trading on there today so will reserve judgement for a month or two.

blinko

rockitup wrote: »

Have City Index changed their platform recently? I was with them a couple of years ago and found there were annoying delays in closing my spread bets. I would be interested to find out if they have got any better.

I have also held an IG Index account for 5 years and find that very reliable although their spread on some bets are a little larger than other firms.

I just opened and funded an account with CMC Markets this week and am very pleased with their new platform but it was only my first day trading on there today so will reserve judgement for a month or two.

what are there selection of stocks and spreads like apparently they are 0.7 points on FTSE

but I know they don't do AIM stocks

Yeah IG are the best for selection but there platform and spreads are the greatest but very good selection

rockitup

blinko wrote: »

what are there selection of stocks and spreads like apparently they are 0.7 points on FTSE

but I know they don't do AIM stocks

Yeah IG are the best for selection but there platform and spreads are the greatest but very good selection

CMC don't have the best selection as far as I am concerned but still looking round the lists to make up my watchlists. I like IG for covering the triple leveraged Direxion ETF's and will keep both accounts running.

It's 0.9 spread on FTSE & DOW as opposed to 1.0 & 2.0 on IG, I am trying out a monthly bet on the DOW and started off with £5 a point but with a money management system and a bit of luck I could end up betting far more in a few years time so that 1.1 point difference in the spread could be worthwhile.

News seems quite good on CMC too.

ellzman

does anyone know what spread betting companies there are where you can withdraw direct to your bank or request a cheque?

rockitup

ellzman wrote: »

does anyone know what spread betting companies there are where you can withdraw direct to your bank or request a cheque?

IG Index for transfer to your bank if you register your debit card/bank account details

I think most of the SB companies would offer that facility