Nick1000
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Posts posted by Nick1000
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Is there any update on when/if there will be any integration with Tradingview???
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On 07/02/2023 at 14:34, ad1980 said:
Hi, the basic package has a 15 minute delay.
Prices on tradingview is dependent on source. Eg, when looking at say EURUSD in TV there are a number of different price providers representing the tradable price on each provider's platform. Once IG integrates with Tradingview, an IG price feed should be available for tradable instruments on which we can trade.
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2 minutes ago, Gandolf said:
Guys,
I mainly do spread betting on IG. Any alternative platforms you'd recommend for spread betting?
I use CMC Markets as my second platform. They offer much tighter spreads on smaller caps outside the FTSE100. Their range of markets is smaller and their funding rates are slighter higher which are negatives. And bizarrely they don't volume info if you use this.
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This is the third day on the row the platform has failed on US open and its still down.
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On 03/12/2020 at 12:58, kagry said:
This seems to be very expensive and not worth using IG platform for crypto long? or am I missing something?
If you are looking to invest over the longer term, I would advise just buying the physical. All platforms that offer bitcoin coin derivatives (be they be CFDs, futures and spreadbets) all seem to charge holding costs at exorbitant rates. At least IG pay you for holding short positions, typically 12.5% (its lower for bitcoin) on nominal value. In fact I'm looking at buying physical ether and completely hedging on IG to eliminate price risk and just earn the 12.5% the short leg.
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The degree that platforms/firms hedge CFDs and spreadbets vary. Many platforms fully hedge (or attempt too) against the underlying market and solely make money from the bid-ask spread (based on the underlying plus a mark-up to cover execution costs), commissions and financing. Most platforms will attempt to internalise trades (match offsetting trades on the platform before hedging any net position in the market to minimise execution costs. IG's policy to hedge is fully as possible against client positions, ie not to take on market price risk on client trades.
Other firms/platforms (Plus 500 fall into this camp) will hedge net exposures to client trades to lesser extent and seek to gain if the market goes against its punters (but will lose if the market goes in favour of clients). I believe the rationale of taking on some of the exposure of punters trades that is on average punters generally always lose money and therefore they will gain if they are on the other side rather than other market participants. Clearly for Plus 500 this wasn't the case in the most recent quarter as a significant proportion of their profit gained from higher trading volumes was wiped out from losses on non-hedged client trades.
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Can some one tell me what time the Dow 30 cash market closes tonight - is it 10pm or 9pm BST (UTC+1)?
Any update on IG integration with TradingView?
in General Trading Strategy Discussion
Posted
Does anyone else know any other SB providers that you can use to trade through TV? I've only so far seen CFD providers which doesn't work for me due to tax reasons (mainly the hassle of having to account for it as well as the obvious cost).