2 point spread during market hours on the Dow is quite ok. 1 point spread on the Nasdaq is very good.I think they could give better spreads on most things, especially the Dow.
Like all SB they have flaws, one being they freeze the platform for the first minute during the opening of the US market.Hi everyone long time lurker first time poster.
I joined SLM recently (in part after following this thread) and have been SBing on the live account for a couple of weeks, i have to say the experience has been flawless. The only thing which raised my eyebrow was a couple of things in the terms of business, such as reserving the right to disappear whenever they feel like it (paraphrased), but i believe these things are pretty standard in terms of business agreements.
I understand the caution over a new company on the scene, but Im a bit puzzled by how little of a stir SLM has caused and the tone of some on this thread who seem to be staring a gift horse in the mouth, holding out for special offers etc. Its full on Spreadbetting on MT4, with certainly the lowest spreads of any broker ive had in the past. Whats not to like? Surely people should be flocking to join?
btw I am not an employee or in the pay of SLM. I am however open to offers... :innocent:.
Like all SB they have flaws, one being they freeze the platform for the first minute during the opening of the US market.
Way too early of course, too few traders have sign up with them at this stage to form an opinion on how well they execute. But as I said, they are off to a good start and if they keep it up I am quite sure many will join them to test out the MT platform.I only trade fx so havnt experienced anything like that.
Ive had accounts with various companies over the years, and theres always been an unexpected fly in the ointment which balances the benefits you joined up for. I havnt experienced anything like that with SLM, but admittedly its still early days.
Still, considering people have been waiting YEARS for a company to offer SB on MT, its suprising the vaguely negative vibe thats going around.
Like all SB they have flaws, one being they freeze the platform for the first minute during the opening of the US market.
This morning I did have a look at the FTSE, and the chart on UK100SB started giving a price feed at 8:01, one minute after the UK market opened. This I think SLM have to correct immediately and I am quite sure they will. Captitalspreads for instance, switched to 1 point spread on the same second the UK market opened.What, every day? Do they freeze the trades or just the platform. so you have to sit there powerless to do anything?
This one minute on the FTSE index can be very important, especially if you are in on a position overnight.One nameless SB often took about 20m after the open to quote prices on some equities.
If you are just using MT4 for the charts there are plenty of demo accounts around. You can still use SLM but as you say good to have a few others. Activtrades and Brocotrader (CFDs) are both good and reliable companies.Hi guys. I hope you can help me out with a problem I have with Metatrader. I am relatively new to trading but been having good success however Metatrader let me down today at a crucial point when I was about to enter a trader today. The program disconnected and showed "no connection". I tried restarting the program but unforunately missed out on a nice little trade. Is there any way round this? Is there a way of paying for a more reliable server? I am currently using IgIndex and just using Metatrader to provide me with the charts.
Any help would be appreciate.
Thanks
Hi, has anyone seen a company called Smart Live Markets is now offering spreadbetting on MT4? Anyone know what they are like? Demo looks OK!
One nameless SB often took about 20m after the open to quote prices on some equities.
Not many FX pairs, not even many JPY pairs with CAD. Need more FX pairs.