sorry to interrupt but i couldnt help noticing last night you boys discussing bucketshops.
im using IG. someone said they will no longer use them for FX trading.... now i dont know who that was (sorry) but how do they screw you on the FX? is it when you dont have a "guaranteed" stop loss, and the slippage sometimes costs up to 10 points?!! ive had that. so when you're trading 5 contracts, that $500!!! so i only use "guaranteed" stops now. the extra 3 point spread is cheaper than the slippage/theft at the close!
i also read someone advising to check interest calculations this morning, but sometimes it isnt easy with multiple trades open/closing/etc. frustrating.
i also read about them flagging profitable accounts? i mean, wtf??
overall im happy with IG so far and use the DMA platform for share CFDs... otherwise you lose the spread everytime!
good trading all, sorry for the interruption :)
warty wednesday, page-206
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