ETX Capital - £250 Safety net during 1st ten days trading

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Jul 31, 2012 08:27 am

#12

leebut User

Messaggi: 158
Member since: 16/07/2011

I'm closing my account!

After the safety net expired I stopped trading.

This week I started again. I was long AUD/NZD and instead of getting positive rollover, I was charged rollover. I called them and they said it was their overnight admin fee and something called TomNext! It seems that they close the bet at 20:00 UK time and open it again (without closing the position), apply TomNext and their fee.

Okay, the fee was small, but they all add up. I'm sure the last thing a trader wants is to lose money on fees. I'm off to FXCM to use their spread betting service. No such fees there.

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