Does any day-trader here use City Index for financial spread betting and CFD trading?
I recently opened a dummy-trading account. Are the spreads the same that they offer in the real market?
Also is it actually true that all of the trading costs are in the spreads?
(Plus CGT on any profit from trading CFDs of course, which unlike profit from spread betting is not CGT-free).
Or are there some hidden costs?
Thanks in advance!
John