Best CFD/Spreadbetting account for USA stocks

[bkahlon]

Hi Guys,

I am looking to start trading USA stocks, (Long & Short), I like the movement & choice. I was going to use my spreadbetting account with Finspread which is great for the UK but the spreads are too wide.

Can anyone suggest a good CFD/spreadbetting account for the USA Markets.

Cheers
BK
Based in the UK

 

[abottoml]

CFDs and spread betting services are not available domestically in the US, so you're effectively limited to looking at what the UK market has to offer.

 

[bkahlon]

CFDs and spread betting services are not available domestically in the US, so you're effectively limited to looking at what the UK market has to offer.

Hi

Thanks, I didn't know that.

Do you know how trader short stocks in the USA, must be cheaper then spreadbetting from the UK
Cheers
BK

 

[crabbydog]

Hi

Thanks, I didn't know that.

Do you know how trader short stocks in the USA, must be cheaper then spreadbetting from the UK
Cheers
BK

You have to have a margin account with a US broker and 'borrow' the stocks to sell them.
Don't forget to take into account interest rate charges when you borrow to short (or indeed in CFDS) - interest charges can be worse than the commissions and spreads combined.

Leveraged or margined trading is high risk so make sure you do your homweork very carefully.

Bon chance

 

[Thecaptaindaytrader]

IG index has a good platform, and covers alot of US stocks. and all of the ones in the S&P 500

 

[eagletower]

if you are UK based and want to trade US shares using CFDs use IG, most US stocks are 10% but have noticed a few more have become 25% margin rates

 

[bobmiller]

IG is alright for US stocks.
GNI touch does US CFDs as well. From what I have seen, they seem to be 10% margin and cover NYSE, Nasdaq, Amex.

 

[GrayTrader]

Just an update. Capital Spreads now offer 'capitalcfds.com' I use then, & so far great. Fast platform, DMA.

 

[DJS1]

Just an update. Capital Spreads now offer 'capitalcfds.com' I use then, & so far great. Fast platform, DMA.

CapitalCFDs are not DMA- the only two companies I am aware of that offer DMA CFDs is IG and FP Markets