O oldsean Junior member Messages 13 Likes 0 Mar 16, 2004 #1 Hi All at moment I trade online with Nat West at £15 buy and sell plus stamp duty, I am learning the game with £1000 to £3000 trades with these cost profit margins are very tight can anyone recomend a cheaper way or way round this thanks oldsean :?:
Hi All at moment I trade online with Nat West at £15 buy and sell plus stamp duty, I am learning the game with £1000 to £3000 trades with these cost profit margins are very tight can anyone recomend a cheaper way or way round this thanks oldsean :?:
Trader333 Moderator Messages 8,760 Likes 1,029 Mar 16, 2004 #2 Consider CFDs as an alternative to what you currently use as the costs should be substantially less. Paul
Consider CFDs as an alternative to what you currently use as the costs should be substantially less. Paul
R Rainmaker Active member Messages 201 Likes 3 Mar 16, 2004 #3 Yes - you would save on the stamp duty and bet the benefit of leverage.
O oldsean Junior member Messages 13 Likes 0 Mar 18, 2004 #4 thanks but being new what is CFDs how do they work and where do get them oldsean
O oatman Senior member Messages 2,879 Likes 22 Mar 18, 2004 #5 Cash For Difference. http://www.sucden.co.uk/PCD/EquityCfd/aboutcfd.htm
