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46 minutes ago, ChrisIrwin19 said:

£11 per trade .. Thats £22 to close. wouldn't be so bad if it was a real trade.. Quote we only make money from our spreads!!!! what a joke.

There's not enough people to take up the opposite side of your trade.

You think that's bad, a big company like Greggs has a £16 spread.  That's £32 to close.

Games Workshop has a £42 spread!!!

Edited by dmedin
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The worst thing about it, is that it shows you are in profit when you are actually not. started with a small account today. closed a few trades to find that their extortionate commissions were swallowing any profits i made. so with huge commissions and spreads once again the house always wins !! another bullsh1t broker !!

Edited by ChrisIrwin19
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On 19/02/2020 at 06:03, ChrisIrwin19 said:

The worst thing about it, is that it shows you are in profit when you are actually not. started with a small account today. closed a few trades to find that their extortionate commissions were swallowing any profits i made. so with huge commissions and spreads once again the house always wins !! another bullsh1t broker !!

Hey Chris Irwin, 

fees are not good I agree but could you tell me is there a way to search for fees paid the same way you can load your “Deals” On the platform ? 

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There is no display of the commission's in the deal or order screen. So you pay a spread plus commission for an asset you've never bought . I'm sure it's cheaper to actually go with a real stock broker and carry out real trades. All these pretend brokers are just here to steal as much of your money as quickly as possible. Commissions !! Commissions for what ???? Were not actually buying anything. Were just playing on a gambling machine where they make the rules.. I'm supprised they haven't charged a commission for using this forum or have they ??? 

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    • This is not an acceptable explanation for me unfortunately, I am fully aware of the need to move spreads and I had accounted for that. Especially at the open of a market, but your spread was totally unreasonable the spread on DEC contracts is already at 130pip standard, to increase it to 400pips and hold it there even after 5 mins of trading. As my execution was a 09:06 the main market volatility had already been accounted for.   So disappointing after 6years being a customer and on a profitable trade as well: 
    • Dear @MB1470, Thank you for your post. Please note that dealing spreads on shares are subject to variation, especially in volatile market conditions or other unusual circumstances.  Market spreads can widen significantly, particularly at the beginning and end of the trading day, and minimum spreads may exist. Thanks, KoketsoIG
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