“Some smaller securities are not listed even though the underlying market exists
Trading is selectively halted on companies which have market moving news even though the underlying market is still active, and positions can only be closed and not opened.”
“I am new to spreadbetting, but chose IG for a few reasons:
- Recommendation from Naked Trader
- HUGE coverage. They offer about 10 time more options than I can ever see me using, so plenty of room to grow as I learn more.
- Mature company. They have been doing this a long time, so know the business inside out.
If you shop around there are possibly cheaper alternatives, but I will be staying with IG as:
- I trust them to be there when/if it goes wrong - and a real human being on a phone, not just a web form or email address
- Their platform has NEVER gone down or even responded poorly - it is instant.
- They are backed by the FSCS guarantee for client money even if they were to go bust”
“Information presentation is good and spreads are reasonable. Unfortunately, time payments are expensive, which substantially increases the total cost of holding a position for a long period of time, especially a short position.
It seems unreasonable that there is any cost at all to holding a long position when there is cash on the account greater than the size of the bet value.”