Shortsandlongs

I'm glad I started this thread. Do I need to open an account to have a look at the trading platform?

No just click on 'the trading floor' and you can see the markets there. Looking very quiet now of course since the markets are closed, but still, you can see.
 
Thanks, I've done that. It also looks like applications from outside the UK won't be accepted - if so, that rules me out.
 
Thanks, I've done that. It also looks like applications from outside the UK won't be accepted - if so, that rules me out.

To be eligible to apply, you must be over the age of 18 and not a citizen of, or resident in, the United States.

That's what it says on the website. You should be able to join?
 
Sorry everyone no offense but what about the background picture in the website !! Doesnt look professional to me
 
Had another look at the Membership Application page on the website. It appears to specifically exclude anyone without a UK address.
 
Hi Slane,
You're right, we don't currently accept applications from outside of the UK. From a back office perspective, the account opening procedure is slightly different to Spreadex, where you can open an overseas account.

It is something that S+L are looking to address but it will be a couple of months away.

Ian
 
Hi everyone,
I just thought I would let you know that we are running a new promotion.

Anyone who opens an account will receive up to £100 should they incur a net loss in the first fortnight.

Please see the site for more details.

Thanks

Ian
ShortsandLongs
 
You guys all think this website looks good? Call me old-fashioned, but I could never take this company seriously, when their website looks like a low-budget aftershave ad and they are clearly preying on people's perception of trading as a glamorous profession. This is all combined with the fact that I absolutely loathe spread betting, as far as I am concerned it is an evil industry that targets poorly-informed people, often costing them money they cannot afford to lose.

In other words, I would rather eat my own head than sign up to the 'privileged area' of shortsandlongs.com. But, that's just me.
 
The background picture does look a bit odd for a spread betting site, I have to admit.
 
Whoever wrote the bumf for the website needs to think about a career change:

'everyone who trades with us is a member of our private member's trading club' - I'm pretty sure that if I sign up to any broker I become a member of their private members' club... If I get a Blockbuster card does that make me a member of Blockbusters' private member's club?

They also give GUARANTEED free stops... I wonder if they also chuck in the air I'm breathing while trading?
 
I wonder who, specifically, their target market is. Presumably inexperienced traders looking for some 'glamour'?
 
You guys all think this website looks good? Call me old-fashioned, but I could never take this company seriously, when their website looks like a low-budget aftershave ad and they are clearly preying on people's perception of trading as a glamorous profession. This is all combined with the fact that I absolutely loathe spread betting, as far as I am concerned it is an evil industry that targets poorly-informed people, often costing them money they cannot afford to lose.

In other words, I would rather eat my own head than sign up to the 'privileged area' of shortsandlongs.com. But, that's just me.
Speaking for myself, the appearance of the website is secondary. It is the richness of the platform facilities and how well they perform in the long run that really counts. At the moment, I cannot try out this company, being a foreigner, but when they expand into other parts of Europe, I probably will. I agree that, one has to be careful while depositing too much money until they have been around for some time and proven to be dependable.
 
I wonder who, specifically, their target market is. Presumably inexperienced traders looking for some 'glamour'?

They are looking for people who will believe that they can deposit money, follow their 'hot trades' and be driving a Ferrari in 6 months. I would far rather take my money and go to the roulette table; at least in a casino the house can't change the odds of your success just because you've put a big bet on. Unless you go to Vegas that is, in which case they can and do.
 
They are looking for people who will believe that they can deposit money, follow their 'hot trades' and be driving a Ferrari in 6 months. I would far rather take my money and go to the roulette table; at least in a casino the house can't change the odds of your success just because you've put a big bet on. Unless you go to Vegas that is, in which case they can and do.
I notice that you in general are against trading with SB, and might be colored by this standpoint regarding this company. Time will tell how well they perform, so far no alarming reports have been presented on this board.
 
That is true, I am entirely against spread betting and think they should be policed in the same way poker sites are, i.e advertising restrictions, making sure people are aware that they are gambling and in no way a 'trader' connected to the financial markets. I just take particular offense to the way this company is playing on the fact that if you stroke someone's ego enough and tell them how great they are, how many privileges they are due, a lot of people will overlook the fact that they are essentially flipping coins for money - only they are playing with someone who can change the outcome of the flips.
 
That is true, I am entirely against spread betting and think they should be policed in the same way poker sites are, i.e advertising restrictions, making sure people are aware that they are gambling and in no way a 'trader' connected to the financial markets. I just take particular offense to the way this company is playing on the fact that if you stroke someone's ego enough and tell them how great they are, how many privileges they are due, a lot of people will overlook the fact that they are essentially flipping coins for money - only they are playing with someone who can change the outcome of the flips.
You are of course entitled to your opinion. I rather have facts on the table before making serious allegations.
 
You're probably right, and I am aware that there are many people out there who see spread betting as a viable enterprise, some people may even do very well off it for a sustained period of time. I just don't think it's right that these companies portray spread betting, or trading of any kind, as a glamorous 'get rich quick' profession. It's not for no reason that spread betting is illegal in the States; in my opinion it is far too easy in this country for people who don't know what they are doing to open an SB account and lose a sh*tload of money.

SL
 
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