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-=DVF=- Gaming Community • View topic - Financial Spread betting...
-=DVF=- Gaming Community
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 Post subject: Financial Spread betting...
PostPosted: Tue Jan 31, 2006 11:55 pm 
DVF Angry Dude
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PostPosted: Wed Feb 01, 2006 4:01 pm 
DVF Member
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got any links for this?


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PostPosted: Wed Feb 01, 2006 4:30 pm 
DVF Member
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I stay well clear of spread betting, you can lose a lot of cash very very quickly.

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PostPosted: Wed Feb 01, 2006 6:07 pm 
DVF New Boy
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PostPosted: Wed Feb 01, 2006 9:29 pm 
DVF Angry Dude
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PostPosted: Wed Feb 01, 2006 11:10 pm 
DVF New Boy
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Sounds risky... 6k profit on 16.5k invested over a year is way above the odds. The fact thay they charge you £300 a month for managing your investment means that they win whether you make money or not.

They must be gearing up your investment significantly and I suspect you'll find a warning that you can lose more money than you've invested ("Your home may be at risk etc."). Check the small print regarding "margin calls" etc.


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PostPosted: Thu Feb 02, 2006 1:53 am 
DVF Pikey
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if it was consistently that easy to make 6K off 16.5K, why are they offering the opportunity to other people at 300 a month, why not cut the middleman out and just mint up themselves

I'd steer well clear.

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