Scrawford
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Posts posted by Scrawford
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Thank you both for your comments, it's massively appreciated.
I apologise for sounding very inexperienced, but I thought using the CFD Platform on IG was the way to buy shares.
A question directed at both of you, on what platform can I buy shares? IG has only CFD and IG?
What online platforms do you recommend I look at?
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I understand that they are both risky.
But don't you buy and sell shares (as you recommended) using the CFD platform on IG?
Or am I missing something??
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Hi,
Thank you for your reply.
Greatly appreciated.
Yes after looking into it a bit more, I will definitely be starting out with CFD.
In your opinion what is a good platform to start off with? I have a demo account that i've been using with IG for a couple of weeks now, and I quite like it.
But are there any others out there more suited to a beginner?
Thank you!
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Hi Charlotte,
Thank you!
This makes so much sense, and I can't believe I didn't realise this right at the start.
If possible, can I ask one more question?
In your experience, would you recommend that I operate on the CFD platform (especially at the start of my investment 'career').
It seems more understandable to laymen such as I.
What are the advantages / disadvantages of CFD vs Spreadbetting?
Thank you again, and kind regards.
Sam.
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Hi Everyone,
I hope this message finds all readers well amidst the current mess we find ourselves in.
I have decided like many others recently to get into the world of 'trading', however I am trying to be smart and spend a good few months researching and understanding further before I even consider parting with my hard-saved cash.
My first question, and it is probably the most stupid, however I can't find a definitive, simple answer anywhere!
Why, when I want to open a trade with lets say BT Group, it doesn't allow me in input a certain amount of money/request a number of shares, which then totals up to a certain amount? Why is it based on a 'points' system?
I hope you understand my reasoning here, from a basic understanding of the stock market, I thought that the way it ususally works is you put in say £100 for x amount of shares, and then the valuation of those shares increases/decreases.
Where did this 'point' system come from?
If someone could send me some documentation explaining that would be greatly appreciated.
Hope to hear from you soon.
Kind regards,
Sam.
Getting to grips with the basics
in New Client Trading Questions
Posted
Hi both,
Thank you for your comments, greatly appreciated as always.
I understand a lot more which way I need to take in terms of getting started.
I will look into Freetrade's Share Dealing Platform, ideally I'd like to work with a 'cheap' share dealing platform that offers a demo account, as one of my main concerns is not understanding the platform well enough before I start putting my money down.
My final question to you both, (as I'm sure at this point I am becoming an annoyance) @gezmond I know you have already stated a couple of different share-dealing platforms, but do either of you know of any decent 'cheap' share-dealing platforms that offer a demo account also?
Hope to hear from you soon!
Kind regards,
Sam.