The best spread betting platform I recommend

[Phil Mibbutz]

gle101: don't forget that even if SB companies don't use any dodgy tactics, the bias is still against the punter because of the spread, so most will ultimately lose.

 

[gle101]

gle101: don't forget that even if SB companies don't use any dodgy tactics, the bias is still against the punter because of the spread, so most will ultimately lose.

Yes you are correct on this assumption. Like in the casinos, the odds will eventually take its toll. However, most of the market indexes have proven (at least in cycles of a few decades) to be rising.

 

[Pippppin]

Overall, clients don't lose money at SB because of the so called bias against you. They lose money because traders don't apply proper risk management, as a vital part of a trading strategy.

incorrect....spreadbetting is an artificial "phoney" market, and traders do lose money spreadbetting because it is a "phoney". They also lose for many other reasons, whether spreadbetting or direct access.

 

[gle101]

incorrect....spreadbetting is an artificial "phoney" market, and traders do lose money spreadbetting because it is a "phoney". They also lose for many other reasons, whether spreadbetting or direct access.

We all know they are Market Makers, and they make their profit from the spread, oppose to the DMA, where brokers make their profit through the commission. Lets face it, the CFDs and the SB industry is growing rapidly and there is nothing you can do about it. So why do people lose trading SB, and why is it not particular bad in this regard compared to DMA? This simply because, they make the same mistake in not applying a basic trading discipline ,whatever market they trade. I also like to add, due to the fact that you do pay a price to get into the trade, the odds are against you whatever market you choose to trade.

 

[tar]

Trillions of dollars moves in direct access trading everyday , spread betting and CFD is very far from these numbers , SB and CFD is an another world . The best thing about DA is that u can make the market ( u can bid and offer ) and that reduces your trade costs significantly and sometimes u can earn the spread depends on what market u trade ..

 

[Black Swan]

We all know they are Market Makers, and they make their profit from the spread, oppose to the DMA, where brokers make their profit through the commission. Lets face it, the CFDs and the SB industry is growing rapidly and there is nothing you can do about it. So why do people lose trading SB, and why is it not particular bad in this regard compared to DMA? This simply because, they make the same mistake in not applying a basic trading discipline ,whatever market they trade. I also like to add, due to the fact that you do pay a price to get into the trade, the odds are against you whatever market you choose to trade.

Bingo, I love these "you'll get burnt by the SB company, they're all gangsters" threads. Strange the way, for example, IG give folk free charts, free seminars, allow them to grow via ther tradesense programme...anyone ever thuoght that the SB companies need a percentage of successful 'punters' and that their intelligence suggests it's those that put the effort in and trade through 'charts'? :whistling

 

[gle101]

Trillions of dollars moves in direct access trading everyday , spread betting and CFD is very far from these numbers , SB and CFD is an another world . The best thing about DA is that u can make the market ( u can bid and offer ) and that reduces your trade costs significantly and sometimes u can earn the spread depends on what market u trade ..

Yes, DMA is another story altogether. However, some traders feel it is better to have it tax free and a lower entry level. Others feels DMA is better, where you are more in control. The later does not disqualify the former, it all depends on what your aims are, the strategy and what instrument you are trading.