Posts Tagged ‘City Index’
Hi all,
If you think the trend has changed and the USD is going to be stronger or even if you think the opposite, you want to find the best spread out there.
for daily most of the companies offer 3 points spread but for September or December there is a difference. Again IG Index are not competitive and offer 12 points spread. City Index and Paddy Power trader offer better – only 8 points spread.
You may think that it is not a big difference but you will be surprised how much the spread is eating your profits. So shop around!
Hi,
I’ve took 4 shares, 2 from the FTSE 100, 1 from FTSE 250 and one from USA and compared 5 platforms. Very interesting results:
|
Share |
IG Index |
CMC Market |
Paddypower |
City Index |
Victor Chandler |
|
RBS Spread |
0.149 |
0.14 |
0.3 |
0.15 |
0.1 |
|
BP Spread |
1.2 |
1.01 |
0.8 |
2.3 |
1.3 |
|
Citi Group spread |
3 |
1 |
3 |
4 |
6 |
|
Petroface spread |
4.3 |
2.97 |
2.2 |
3.9 |
1.4 |
My advice, always compare the spread. There is huge difference between platforms.