this was taken from another bb.what do people here think?i think that if the company you are using are quoting ridiculous spreads let them know and take ation because there are alternatives


FtseChaos - 09 Mar'03 - 19:07


-i have accounts with D4F,city index and Interactivebrokers. i am not employed by any of these companies

-D4F spread are for rolling cash, others based on front month Quarterlies

.......... D4F........cityindex....fins..........ig


ftse......4............10............6.............10

Dow.....5.............12............9.............12

S&P.....5.............12...........10.............20

Gold.....5............10............8..............20

EurUsd..4.............18............8...............?

UsdChf..5.............30..........15...............?

-even dailies cannot beat D4F
-remember back quarterlies have even wider spreads
-also cost half the spread to roll over every quarter(as a rule) therefore increasing spread
-D4F spread on ALL UK and US stocks tightest , fins not bad.


D4F vs CITY trading platform

-D4F standalone market maker software leading edge, city webbrowser based extremely basic and always crashing
-city does not provide any news service(unbelievable considering the amount of money they make on their spreads)
-city has no limit order or OCO functionality
-city stop order can only be entered whist executing a trade.
-D4F can trade 40 uk stocks out of hrs,can trade s&p and nasdaq almost 24 hrs


Other companies and index trading

-What fools-Etrade charge 9.95 per side for a 10 a point cfd trade on ftse100 index(4 ticks wide),charge $14.95 per side for a $10 a point cfd trade on Dow(8 ticks wide).i cannot believe anyone will actually use them.

-Interactivebrokers have direct access futures trading.Ftse futures 1.70 per lot per side.All US futures $2.40 per lot per side($1.50 for gold and silver eminis).Amazing value if you are day trading.
-GNI charge 4 per side per lot for all futures with a minimum charge of 200 commision a month

with cheltenham this week-if you were to bet on rhinestone cowboy in the champion hurdle D4F are going 5-1, fins 3-1,city evs and ig 10/11.so who are you going to bet with?get what im saying and compound that over time.

i now use D4Fspeadbet to trade stocks,commodites and currency(indices on a longer term). i use interactivebrokers to day trade s&p eminis(spread 2-3 ticks and extremely liquid almost a million contracts a day nasdaq spread half a tick to a tick spread). i wil NOT use D4F to daytrade these indices because of high requotes and delays which increases risk.

if anyone can find better spreads and commisions please post them

Thanks J

thanks for this info it was very informative.i also use deal4free.i only use
the telephone service.excellent service from the dealers.