Associate
Hi guys,
Which trading site or platform are you using? any recommendations?
With thanks,
Which trading site or platform are you using? any recommendations?
With thanks,
On top of the complex user interface, if you're an infrequent trader or less than a certain amount you also generate monthly charges which can outweight any trading savings, and the minimum amount of £10'000 will be a lot for some people I guess. It's designed for more serious and experienced traders.I use Interactive Brokers, it's a US based company but they are backed by Lloyds here in the UK, and they have been around for ages.
Cheap commissions but depending on what kind of trading your doing there may be more costs involved, inactivity, market data etc but if you are a regular trader then I haven't found cheaper for commissions. Plus they tend to have most shares shortable if you're that way inclined (I am ).
Probably not the best for a beginner though, their TWS system is very functional but not the easiest to get to grips with and kinda ugly. Also if you want to use margin or trade more than 4 times a week (think its 4 and buying and selling is 2 trades) you need a minimum of $25k in the account.
been looking into CFD trading but seeing a lot of mixed messages, looking at 2 providers Trading212 and Plus500 but some say that Plus500 is a scam as they don't always work when trying to withdraw and will sometimes ban the account when the trader contacts support yet other site say that it is very reliable and trustworthy and is the UK's most trusted provider for this and 1 site says it is better then trading212 as it has lower fees..
I have even found one site that is preparing a class action law suit against Plus500 and is asking for people affected by the 'scam' to contact them so it's difficult to know who's right.. I have NOT found anything against trading212 so they would seem like the best one at this time with the info that I have
I NEED ADVISE!
I should also add that I am new to this whole trading CFD stuff so will accept any info at all, everything I know so far is from demo accounts from both of these sites, I have tried others but only these 2 stand out for me in terms of ease of use, I also want to know what the best way to transfer funds would be, are there options that are safer then others for example?
If you think AMD stock is now $14, Intel is $37 and Nvidia is a whopping $180 then clearly there is a lot of headroom for AMD if it can deliver the goods and get in on the AI game.
Is there a general investments thread on here? Just that I need 'something' to invest in right now as ISA's and General savings are going nowhere, looking for low risk really I was only looking at CFD trading as I was told about it and it seemed to give a level of control over profit/loss unlike other risky investments where you just 'put money in a box and hope' so looking now at more low risk investments where capital is protected?
Looking to try a UK based demo account to begin learning how to trade forex with a view to opening an full account after I have mastered the basics.
just wondered if anyone could suggest the best company and also tell me what id/documents id need to provide to open just a demo?
Thanks.
Anyone have any thoughts as to why Boohoo shares have dropped so much this morning when they have just announced great results?!
Wondering whether I should sell at a loss or double up while they are falling!!
It’s never usually that simple and doubling down can often turn into an expensive spiral of doom. On the other hand, shares often dip following an RNS and then recover over the following few days - if we knew the answer we’d all be millionaires.I got in at 241. Im tempted now to buy more at 235 to reduce my average cost.
Is it not likely people are selling to take profits and run hence the drop? Should it not recover by the end of the day/week?
I got in at 241. Im tempted now to buy more at 235 to reduce my average cost.
Is it not likely people are selling to take profits and run hence the drop? Should it not recover by the end of the day/week?
Anyone have any thoughts as to why Boohoo shares have dropped so much this morning when they have just announced great results?!
Anyone have any thoughts as to why Boohoo shares have dropped so much this morning when they have just announced great results?!
Wondering whether I should sell at a loss or double up while they are falling!!