Jump to content

Types of accounts


Recommended Posts

I have two trial accounts with titles CFD and Spread betting.
When I open the CFD trial account, will all the stocks / indices be CFD's. Just that with other platforms, with a single account I can select between Equity / CFD.

Also, when if I want to buy physical stock, do I also need to open a ShareDealing account?

Thanks

Link to comment
6 minutes ago, OrangeJuice said:

I have two trial accounts with titles CFD and Spread betting.
When I open the CFD trial account, will all the stocks / indices be CFD's. Just that with other platforms, with a single account I can select between Equity / CFD.

Also, when if I want to buy physical stock, do I also need to open a ShareDealing account?

Thanks

Hi, the SB and CFD accounts are basically the same but SB has some tax advantages, they both have the same markets to trade.

And yes, to trade physical stock you need a share dealing account.

https://www.ig.com/uk/spread-betting/spread-betting-vs-cfds

Link to comment
3 minutes ago, OrangeJuice said:

If I open a LIVE account can i Sharedeal (buy real shares) and CFD and SB with that single live account ?

no, SB is just a type of CFD and a cfd is where you are trading contracts for the difference in the price between when you buy and when you sell, you are never actually taking delivery of any actual stock. 

Link to comment
3 minutes ago, OrangeJuice said:

Apologies, I haven't been clear. 
If I open a live account, will that single account allow be to Share deal as well as CFD and SB or will I be required to create different types of live accounts (1 account for Sharedealing, 1 account for SB/CFD) ?

that's right you need 2 different accounts. SB and CFD are leveraged accounts so you are unable to use them for trading actual stocks, for that you need the non-leveraged Share Dealing account.

  • Like 1
Link to comment
  • 1 year later...
  • 2 months later...
On 15/05/2021 at 10:13, Guest Hardik Bhavsar said:

What type of account i need to open for ETFs?

 

You need a Share Dealing account to trade physical ETFs. You can trade those on leveraged accounts as well (SB and CFD).

Thanks,

Jakub

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Recently, U.S. Senator Bill Hagerty from Tennessee spoke at the Bitcoin conference, stating his efforts to push for Bitcoin-supportive legislation to promote freedom and opportunity. This year, cryptocurrency has become a key battleground in the election campaigns. It remains to be seen whether future policies on cryptocurrency will improve.
    • The digital landscape is undergoing a profound transformation as attention, once a freely given commodity, is increasingly recognized as a valuable asset. Layer3 is at the forefront of this revolution, pioneering a new economy where attention can be owned, traded, and monetized   This innovative approach empowers individuals to monetize their engagement, providing unprecedented control over personal data. Simultaneously, advertisers benefit from transparent metrics that optimize campaign performance. Content creators are presented with diverse revenue avenues beyond traditional advertising, while the overall ecosystem experiences a more equitable distribution of value.   The implications of Layer3 extend across various sectors. Social media platforms, for instance, can leverage this technology to revolutionize user engagement and monetization strategies. Tokenomics play a crucial role in driving Layer3's economy, incentivizing participation and rewarding value creation. While challenges such as data privacy and market volatility exist, the potential benefits of Layer3 are immense   Anticipation is building as its native token $L3 is on Bitget Pre-market as users await its listing on the exchange. This milestone is expected to significantly increase the token's visibility and accessibility, potentially driving substantial growth and attracting new investors. As the countdown begins, the crypto community watches with keen interest, eager to see how Layer3 will perform in this new chapter.
    • I've been exploring the world of play-to-earn gaming recently, looking for something that's not just about endless grinding but actually offers a fun and rewarding experience. OGC really stood out to me because it combines gaming with a sense of community in a unique way. OGC isn't just a game; it's a platform where you can play, earn, and even help shape its future. You're not just a player; you're part of a community with a voice. The idea of earning crypto while playing games is exciting, but what makes OGC special is its focus on community involvement. Your feedback can directly influence the development of the game, which is a big deal. I've also heard that the OGC token is available for pre-market trading on Bitget. While I'm still getting to know the platform and its features, it's definitely something to keep an eye on. Has anyone else tried OGC? What has your experience been like? I'd love to hear your thoughts and any tips you might have.
×
×
  • Create New...
us