How far can you go with spreadbetting?

[lancenicolase]

I'm afraid hes right, just like any other bookmaker or casino does. Some win some lose but the house has the edge. Did you ever wonder why spreadbet companies are required to have a bookmakers licence?

Just open financial statements of any spread betting company and see for yourself where they get the money from.

 

[scottfrasernz]

My guess (and it is only a guess) is that it depends on which type of spread-betting firm you use. If you select a 'Market Maker' then there is a potential risk that they would be basically scared of you. But if you use a firm that provides Direct Market Access then it shouldn't harm them at all, in fact they would probably offer you a discount (tighter spreads) on your trades; at least they should since your volume would be relatively high.

Do you know which if any of the *reputable* SB firms provide DMA?

 

[Ross Spur]

Do you know which if any of the *reputable* SB firms provide DMA?

None of them, including Prospreads.

 

[pit pony]

None of them, including Prospreads.

Ross, why do you include ProSpreads, as i have run their DMA platform beside TT and it shows exactly the same prices and volumes from whatever exchange or product i am trading.

 

[Ross Spur]

Ross, why do you include ProSpreads, as i have run their DMA platform beside TT and it shows exactly the same prices and volumes from whatever exchange or product i am trading.

The prices shown can be the real market, but that doesn't mean your trades are being hedged directly.