MB Capital Stockbrokers, London

[Philippo]

Hi one and all and Happy New Year.

Great site - just a bit overwhelming to a newbie - so much info!!! I joined back in 2013 but instantly did nothing about it for some reason..

I have been in the stock market for a few years now, mainly in shares and funds but looking to stretch myself and venture into CFD's. Forex is probably a bit too challenging for my limited intellect..

Done a lot of reading, watching video tutorials, keep abreast with global market news etc. I have a big appetite for the business news, company updates, healthcare sector, industrials and fancy having a stab at something a bit more lucrative and challenging than straight fund/stock long term investing.

I wonder if anyone has a view on MB Capital, London who offer among other things a CFD Advisory service. They followed up with me after I had requested info from Dionomi advertising info on best stocks to watch for the new year. I can't see any reviews of them on the T2W website? Any info appreciated! Thanks, Phil

 

[dealer911]

Hi one and all and Happy New Year.

Great site - just a bit overwhelming to a newbie - so much info!!! I joined back in 2013 but instantly did nothing about it for some reason..

I have been in the stock market for a few years now, mainly in shares and funds but looking to stretch myself and venture into CFD's. Forex is probably a bit too challenging for my limited intellect..

Done a lot of reading, watching video tutorials, keep abreast with global market news etc. I have a big appetite for the business news, company updates, healthcare sector, industrials and fancy having a stab at something a bit more lucrative and challenging than straight fund/stock long term investing.

I wonder if anyone has a view on MB Capital, London who offer among other things a CFD Advisory service. They followed up with me after I had requested info from Dionomi advertising info on best stocks to watch for the new year. I can't see any reviews of them on the T2W website? Any info appreciated! Thanks, Phil

I dont know them but 0.5% Comm for the CFD advisory service is very steep -
Hard to see how your going to make any money - you are 1% offside on every trade - I am 100% confident you will lose money on these terms.

 

[Philippo]

CFD Commission - example of trade?

I dont know them but 0.5% Comm for the CFD advisory service is very steep -
Hard to see how your going to make any money - you are 1% offside on every trade - I am 100% confident you will lose money on these terms.

Thanks for your response and apologies for delay in replying. Is the example below representative of what profit can be achieved - or am I in cloud cuckoo land

CFD Trade - RIO
Entry 20 Nov SP 2875
Long position - exposure £9976.25
Outlay £997.63

Exit 21 Nov SP 3019
SP increase 5%
Profit £498.81
Less entry & exit £100
Overnight finance £0.95
Nett profit £397.86

Any advice appreciated