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CFD's vs SpreadBets on US500


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Hi,

I'm looking for some info on whether to use CFD's or SpreadBets.
I am newish to trading (on and off) and I'm looking to practice with a small £500 account.

While I think demo accounts are great, I believe its too easy to be careless because its all pretend and I find I'm far more cautious when trading live (even if its just a few pounds here and there).

I am looking to trade the E-Mini S&P500 Futures. While I know that can't really be done on IG (or really in the UK easily) without a massive deposit.

What I can do is trade on IG using the US500 Futures.
I can bet as small as 50p per point using my spread bet account but on my CFD account the lowest I can trade with is $50 per point as per the normal S&P500.
Since spread betting is technically me VS IG (I gather they act as the 'bookie' here) I see this as a big conflict of interest being my broker but also the market maker for my orders.

I know there are a lot of horror stories with bucket shops that "stop hunt" their clients to make profits which is why I chose IG as it appears to be one of the most trusted brokers in the UK.
My question is, if I were to use my CFD account, is it still the same circumstance? are my orders actually being dealt with at an exchange (thus more thoroughly regulated) and IG solely acting as my broker or are they still acting as the bookie here?

I'll be spread betting in the short term anyway due to account size and will be signing up for ProRealTime. 

I understand I may not get a concrete answer here. I'm just curious from other peoples experience if they have ever been successful in spread betting or if "the house always wins".

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