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Trading fees etc


Cedric

Question

Posted

At the moment I have a demo a/c that I haven't as yet used. I am in the process of learning but to start with I am only interested to trading weekly and monthly. (limited time) I haven't found a lot of information on YouTube or the internet. Can any of you point me in the right direction. I am also a little confused as to the fees payable for such trades. Any information would be greatly appreciated.

3 answers to this question

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Posted

Thanks James for your speedy reply but I'm not yet into spread betting. I am interested in weekly and monthly trading in the Forex market. Any help would be appreciated.

Posted

Hi @Cedric, most traders don't want to actually take delivery of the asset with all the problems and costs that incurs and most want access to some degree of leverage therefore a SB or CFD account (trading a derivative of the asset) is preferred. You can still trade on the larger time frames with a huge range of assets types available to trade. Trading forex then SB or CFD or options is the way to go. 

 

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