Hoggums,
Thanks for that, it is very interesting. I raised these points in a meeting the other day but it was difficult to pursuade the committee as I had no facts or figures to back up my arguments.
It would be good to set up some kind of poll on here, but if it was that easy I guess every firm would conduct surveys through the site.
For what it is worth, I agree the premium rate number is too prohibitive but that was the plan at the start - to have the cheapest spreads, free guaranteed stops, no risk, minimal client interaction and low operating costs, i.e the opposite model to compliment Spreadex. We are very much open to suggestions though but you have to accept none of the SB firms are the complete package. With shorts and longs newbies get complete peace of mind and traders get the tight spreads and all the other benefits of Spread Betting. For clients who trade more than £50 a tick should speak to me about Spreadex.
How Simon has managed to keep that thread popular for 4 years, I do not know. The abuse on the second thread is just plain wrong. Everyday I feel like jumping in there and defending him but he is doing a great job himself, as demonstrated by his comeback to the guy who said he traded gold overnight when they weren't even open!
Personally, I'm finding it quite difficult to post comments. I'd love to get involved with all of the trading chat and market calls but then it would get construed as advice. I don't really want a caning from compliance but I also want a presence on this site!
Thanks
Ian