London Stock Exchange

[jtddd]

how can I get access to trade stocks on the LSE? are prop firms from London the only ones that offer this?

 

[just21]

Interactive Brokers but thereis 0.5% tax on every purchase. To avoid tax trade cfd's.

 

[jtddd]

so you can trade LSE hours using IB? does the tax make it prohibitive to trade?

 

[mnx]

Quote from jtddd:

so you can trade LSE hours using IB? does the tax make it prohibitive to trade?

swifttrade offers LSE... they somehow get around the .5% tax...

mnx

 

[Mr B]

Deltaindex in Ireland does spreadbetting.

Barclays stockbrokers offers cfds.

I've traded UK equities before (longer term), and the 0.5% is a pain in the ass. also: spreads pretty bad.

 

[Captain Haddock]

Use cfd's for DMA (stamp duty free)

The spreads depend on the share. 1000p+ = 1p spread. 500-1000p = 0.5p spread. < 500 = 0,25p spread or 0.1p for very cheap shares.

Coms are much higher than US rates. Expect to pay at least 6bps per CFD trade.