London Stock Exchange

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

 

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

 

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

 

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.

 

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.