best trading platforms and cheaper commissions on UK's CFD

Discussion in 'Prop Firms' started by cazdealer, Jan 13, 2007.

  1. cazdealer


    I am actually working in a prop firm trading the LSE. I trade CFDs. I actually pay around £1 per fill when my order is on the book. So, if I don't get partials fills, I pay only £1 to buy 10 000 shares of Barclays. If I lift the offer, I pay £1 per fill + £1 for every 1000 shares that I lift. So, if I lift 10 000 of Barclays and I don't get partials fills, I'll pay £1 + £10 = £11. The firm pays me 30% of what I make. I make around 100 trades per day. I trade an average of 500 000 shares per day.
    I am planning on moving to a different prop firm. They gonna pay me 50%. I have to decide myself the trading platform to use. I need suggestions from LSE daydraders.

    Which is the best platform to daytrade the LSE? (cfds)
    I am kind of scared about the commission. It seems like every CFD providers charge a percentage commission (between 0,1 and 0,2%) or a flat rate per trade (£10 ).
    I know that the commission is negotiable for active trader, but at what point. Can I get close to the deal that I actually have?.