Recommend a broker to me

Cane said:
Hi everyone.

I am based in the UK and have a small account (c. £12k).

I trade conservatively, rarely risking more than 1% for one trade. I sometimes have very wide stops, as my trading horizon can be weeks to months. Therefore I need a broker that offers low leverage.

I have used IG spreadbetting until now, but today I discovered that OANDA offers extremely low leverage and I am truly impressed! However, the downside is that they do not offer many markets to trade - I often want to hold positions in the bond markets (UK, US, German, French, Italian bond futures), emerging market indices and currencies (EEM, Sensex, USDRUB, etc), sector ETFs (XLY, XLP, XLE) etc. While IG offers most of these markets, the amount of leverage is most of the time prohibitive. Oanda, on the other hand, Oanda only has plain vanilla indices and currencies on the menu.

To summarise, the question is:

Are there any spreadbetting platforms offering a wide variety of indices/bonds/EM currencies/ETFs with low leverage for longer-term trading (weeks - months), suitable for a small account (c. £12k)? Spreads are less important.

Many thanks
More...

Trade USD/RUB on Hotforex, spreads are quite competitive. Regarding EU indices they're offered as CFD's, don't know if it suits you. Check this link https://www.hotforex.com/en/trading-products/trading-details-indices.html
Hope it will help.
 
How about ETX Capital ? Those guys have 6000 markets and pretty competitive over night roll over fees. Spreads on forex arent the best but as I understand it you are more interested in bonds , stocks etc which have quite good spreads there. You cannot find that small leverage on ETX Capital, but why dont you just invest not 1% of your capital but lets say 1/10th of 1% with 10 times bigger leverage? I think then invested amount is the same, risk is the same so you should be fine with this approach. Correct me if I am wrong :)
 
ETX Capital offers futures, for forex I think its better to trade CFD's, which are less expensive but yield same returns.
For CFD's you can try Hotforex I think.
 
I'm thinking about Vipro markets. It has reliable lience, low spread and commission
however, it's new in the market. Any one have experienced this broker? please give me some feedback!!
 
julie_flower said:
I'm thinking about Vipro markets. It has reliable lience, low spread and commission
however, it's new in the market. Any one have experienced this broker? please give me some feedback!!
More...
you joined 2 weeks ago, and so far every second post you write about Vipro. In case you are NOT a complete idiot who is getting paid a dollar a post to promote them I will give you some advice: they are a typical fly by night outfit .
Join a proper firm like FXCM, Interactivebrokers etc.
 
Why do you think the brokers you mentioned are proper? License? Or what? I had awful fills with FXCM on 10 lots volume, 1-2 pips slippage on news easy...
 
Have a look at Lmax (if you are not american). Its UK based, and a central limit order-book like an exchange. A good frontend for it (if you need charting and DOM order entry) is SierraChart.
 
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