Hi,
Thanks for the answers to my previous question, I understand what FOREX is a little better now.
If possible, I'd like to know what the Forex Factory views are with regards to using the UK spreadbetting platforms to trade FOREX. I find using the platforms quite straightforward for the stocks and indices, plus the main two I use have charting facilities. I've just compared the spreads from the main one I use to those of FX, and they are either the same or slightly less than the pips. But I'm guessing that there must be a reason why most people here use the brokers.
The main thing that concerns me with the spreadbetting companies is whether or not they use the true FOREX market data, or skew it in their favour somehow, so what I'm seeing on screen is their 'version' of the data.
I've just tried the FX Solutions demo (as suggested in a thread here) and feel I could get to grips with the trading side of things, but I found their charting package quite confusing.
Thanks.
Thanks for the answers to my previous question, I understand what FOREX is a little better now.
If possible, I'd like to know what the Forex Factory views are with regards to using the UK spreadbetting platforms to trade FOREX. I find using the platforms quite straightforward for the stocks and indices, plus the main two I use have charting facilities. I've just compared the spreads from the main one I use to those of FX, and they are either the same or slightly less than the pips. But I'm guessing that there must be a reason why most people here use the brokers.
The main thing that concerns me with the spreadbetting companies is whether or not they use the true FOREX market data, or skew it in their favour somehow, so what I'm seeing on screen is their 'version' of the data.
I've just tried the FX Solutions demo (as suggested in a thread here) and feel I could get to grips with the trading side of things, but I found their charting package quite confusing.
Thanks.