Hi,
Having looked at in great detail the majority of the CFD Advisory brokers out there today I have found that the average commission rate is 0.35% - 0.50% or 35bps - 50bps.
Although some of them may deliver good returns, I have found this is where the problem lies. Charging 0.5% on a UK equities trade means you need the stock to move 1% just to cover the commission.
Anybody know any brokers who charge 0.25% or less?
Having looked at in great detail the majority of the CFD Advisory brokers out there today I have found that the average commission rate is 0.35% - 0.50% or 35bps - 50bps.
Although some of them may deliver good returns, I have found this is where the problem lies. Charging 0.5% on a UK equities trade means you need the stock to move 1% just to cover the commission.
Anybody know any brokers who charge 0.25% or less?