Yes, although that seems to match the Ask (Sell) price. Coinbase Pro also shows a single figure. Iāve just watched it for a few minutes and it usually matches either the buy or the sell price, although sometimes neither. I wonder if it shows the price of the most recent market order, either before or after itās fulfilled. I guess you could say thatās the āactual price of the stockā or at least the most recent price so itās likely that you were correct all along! Sorry!
Yes, thatās very much what Coinbase Pro looks like.
The next thing I need to understand is whether there is a single global order book for each stock or whether each exchange has its own. If the latter, are they completely independent, and if not, donāt the prices vary considerably?
Plus500 is the one Iāve been eyeing too. IG seems decent but the price is putting me off big time. 15 dollars to enter and exit a trade, plus a spread, plus nightly holding fees! Iāll take a look at F1Trades, cheers.
Btw, can somebody confirm who uses the invest side only confirm that all the recent madness is solely on the CFD side? i.e. the widening spreads, heightening interest, inability to close positions, positions closing automatically etc. Iām moving funds over to the invest side as I think Iām correct in saying thatās relatively problem free? Iām only looking elsewhere for a CFD broker.
I am new to trading and using both invest and CFD. Not happy with CFD, not allowing me to buy almost any of the popular stock I would like to buy. 0 available for the long position.
Iāve had issues with Invest/ISA (many others have too you can search via the forum). Execution at times can be very slow from minutes-hours (longest i experienced was no execution after 24 hours). Cancelling orders havenāt been instant, and when informed itās cancelled it has then executed my order.
Understandably the spreads are much better on either platform, and more variety of stocks.
The two youāve posted are different stocks. Read titles.
Has anyone been refunded for the losses we incurred due to the spreads?
@David said we couldnāt open longs as āthe market only seems to be going one wayā.
The leverage was lowered from 1:5 - 1:2 so twice the risk instead five times the risk. Great for company.
Trades booted out resulting in profits for t212 as margin calls flying everywhere.
Swap fees pretty much doubled in costs overnight again great profits for company.
Cannot open long positions of any value so the money we lost we know the markets heading in an upward trajectory and cannot recoup our losses (Ā£1000s in my case for one day) from leverage albeit a lower leverage but still, leverage is leverage.
Only allowed to open short positions with crazy spreads so pretty instant losses.
Execution times slow so could go either way of what price youād get depending on where the spreads where at point of execution.
Certain markets closed now that where usually open to premarket trading beforehand.
I left Etoro completely as I found it a poor platform to use and navigate but also the minimum trades leaving you some cash in account sitting idle until you either closed trades to accumulate a bigger pot or deposited more to make use of it.
That coupled with the 1000s of messages happening there per day sealed it for me.
Huge volatility = bigger spreads.
T212 donāt set this for invest/isa accounts, and itās illegal for them to make money on this.
For CFD they do apply a percentage spread, all brokers do.
