What do spreadbetting companies do if you consistently make a profit?

Are they like bookies or casinos and will they stop me betting if I start winning, or are they happy to carry on no matter how much I win as long as they get their commission.

Just curious as I have started making some money with igindex and wondered how long it will last and how much money they will let me take off them?

Do not try to scalp, or else they will put you on
trade desk. Do not keep large amounts of money with them,
keep syphoning your account of profit.

Oanda will let you scalp. FXCM is not for winners.

might want to reword that so it is understandable

Thanks for the replies, but I am not scalping. I make about ten trades a week and leave them open for at least a couple of hours.

Will igindex let me keep making money or will they stop me trading?

spread betters, at least the reputable ones, tend not to interfere with your trades if you win too much — at least not where you could prove it (lol)

commissions pay their rent, as does the spread itself, and being “middlemen” in the trade that usually satisfies them.

the lower level ones, found under the ground like worms — them i cant talk for !

if you are winning and notice more disconnects than usual, youve got a ticked off bookie and best to head for other climates, but with the kind of trades youre doing, i would venture you be ok !

enjoy and trade well

mp

Hi [B]AS[/B], if you are feeling generous you might like to post your system down there in the [B]Free Forex Trading Systems [ Holy Grail ] [/B] board.

:wink:

Ok, I’ll carry on increasing the stakes and hope they keep on paying!

As for posting on the Holy Grail board, I imagine it is not a proven method unless i’m still making profits in six months time. I’ll let you know!