The Hand of Scalpuman

The Hand of Scalpuman, the forum of the Lord of Trading fellowship of Forex, stock indices, commodities and govies traders and investors


 
HomeCalendarFAQSearchMemberlistUsergroupsRegisterLog in
Welcome Fellow trader, be our guest, register (100% free, no spam) to access to our Research Crypt, live chat trading rooms and participate to our discussions
The Hand of Scalpuman has now more than 3000 posts! Thank you, Fellow Traders!
Trade at your own risk! The views expressed herein reflect the own personal views of their contributors. The contributors and TheLordofTrading.com can in no case be held responsible for any Profit or Loss incurred.
The Lord of Trading website
The Home of TLofT
The Eye of Sauros Blog
Doomberg TV
About the Lords of Trading
The Sites You need to Trade
Goldum's Gold Cave

Search
 
 

Display results as :
 
Rechercher Advanced Search
Latest topics
» European Economics Preview: German Factory Orders Data Due
Today at 11:48 am by fxpulsation

» Dollar And Yen Rise On Greece Woes
Today at 11:47 am by fxpulsation

» Eurozone Investor Confidence Improves For Second Month
Today at 11:46 am by fxpulsation

» Economic Recovery- 'Job' Well Done?
Today at 11:45 am by fxpulsation

» Daily Technical Analysis Thu,February 06, 2012
Today at 11:44 am by fxpulsation

» Free Daily Price Action Forex Trading Strategies & System
Today at 7:23 am by asiaforexmentor

» Importance of stop loss placement in forex trading.
Fri Feb 03, 2012 6:41 am by asiaforexmentor

» European Economics Preview: Eurozone Producer Price Data Due
Thu Feb 02, 2012 11:14 am by fxpulsation

» Euro Recovers Some Recent Losses Against Most Majors
Thu Feb 02, 2012 11:13 am by fxpulsation

Social bookmarking
Social bookmarking Digg  Social bookmarking Delicious  Social bookmarking Reddit  Social bookmarking Stumbleupon  Social bookmarking Slashdot  Social bookmarking Furl  Social bookmarking Yahoo  Social bookmarking Google  Social bookmarking Blinklist  Social bookmarking Blogmarks  Social bookmarking Technorati  

Bookmark and share the address of The Hand of Scalpuman on your social bookmarking website
Morningstar






The Hand of Scalpuman :: The Markets Battlefield Forums :: The Padawan traders ForumShare | 
 

 Equity Platforms in the UK

View previous topic View next topic Go down 
AuthorMessage
Snapman



Posts: 624
Join date: 2009-06-25
Age: 24
Location: New York City

PostSubject: Equity Platforms in the UK   Wed Jun 30, 2010 12:59 am
Hey,

What are good equity platforms in the UK, my friend is interested in starting to trade equites. I'm not familiar with what they have over there. He has 5k start trading. any help would be appreciated.

-snapman
Back to top Go down
View user profile http://groupANLZ.blogspot.com
Sauros



Posts: 490
Join date: 2009-05-14
Age: 37
Location: London

PostSubject: Re: Equity Platforms in the UK   Thu Jul 01, 2010 2:57 pm
Snapman wrote:
Hey,

What are good equity platforms in the UK, my friend is interested in starting to trade equites. I'm not familiar with what they have over there. He has 5k start trading. any help would be appreciated.

-snapman

Hey, it depends on what type of trading/investment horizon your friend considers. For the shorter term/ swing (from minutes to a few weeks) I'd recommend he has a look to spread betting platforms. To be frank I don't trade equities but indices, but I know that with spread betting, there's no stamp duty on stocks and the gains are tax free in the UK. This said, it's highly leveraged and if your friend doesn't want to use leverage on his equity positions, with 5K he won't be able to trade more than a stake of £1-2 in only a couple of stocks.
For instance, having a stake of £1 per 0.01 point on a stock priced at 50.00 is equivalent to have a portfolio with £5000 of this stock.
For the longer term, one needs to have a look at the overnight costs (generally Libor+350bps) as in the long run they end up pretty expensive.
A list / review of spreadbet brokers can be found here : ]http://www.financial-spread-betting.com/where-can-I-spread-bet.html
I personally use GFT for spread betting.

Otherwise, for equities I've been told optionsXpress and tradeMONSTER to be decent
Back to top Go down
View user profile http://blog.thelordoftrading.com
 

Equity Platforms in the UK

View previous topic View next topic Back to top 
Page 1 of 1

 Similar topics

-
» Equity Platforms in the UK
» Job Opening For Equity Advisor In Karvy Stock Broking Limited @ Hyderabad
» Internship For Design Engineer In Intel Mobile Platforms group
» General Motors: Revised debt-to-equity swap offer to bondholders
» Iraq asks Kuwait to invest reparations, no no's on debt to equity swap

Permissions in this forum:You cannot reply to topics in this forum
The Hand of Scalpuman :: The Markets Battlefield Forums :: The Padawan traders Forum-