Broker who offers IPO?

Iraira

Recruit
Messages
4
Hey all,

I'm new to all the forex stuff, but I'm interested in IPO shares. I chose one broker, because of its simplicity at the beginning, but unfortunately they don't have this option.
I am looking for a European broker that offers IPO shares, preferably American, but also easy for a new trader. Anyone knows and could recommend?

Thanks
 

bigdolly

Sergeant Major
Messages
990
Hey all,

I'm new to all the forex stuff, but I'm interested in IPO shares. I chose one broker, because of its simplicity at the beginning, but unfortunately they don't have this option.
I am looking for a European broker that offers IPO shares, preferably American, but also easy for a new trader. Anyone knows and could recommend?

Thanks
It's unlikely you will find FX or CFD broker which offers IPO because it has to be a company registered in the US. Personally I trade secondary stock market on Hotforex via CFDs it is much cheaper. Btw what do you want from IPO? Special purchase price? It doesn't guarantee you'll send it higher later. Check beyond meat, etc.
 

Iraira

Recruit
Messages
4
It's unlikely you will find FX or CFD broker which offers IPO because it has to be a company registered in the US. Personally I trade secondary stock market on Hotforex via CFDs it is much cheaper. Btw what do you want from IPO? Special purchase price? It doesn't guarantee you'll send it higher later. Check beyond meat, etc.
Thank you for the reply,

I am not looking to trade the actual offering, usually IPO begin their trade hour or more after the market opens, thats when I want to trade as well. IPO are known to grow in price, BYND or FB are exeptions. In average IPO grow.
Hotforex or other FX brokers such as eToro and FXpro or CMC markets, cannot be cheaper their spread and or commission are significantly more expensive. Compare a blue chip CFD to the same blue chip stock spread and you'll be shocked.
 

jim67

Private, 1st Class
Messages
146
Thank you for the reply,

I am not looking to trade the actual offering, usually IPO begin their trade hour or more after the market opens, thats when I want to trade as well. IPO are known to grow in price, BYND or FB are exeptions. In average IPO grow.
Hotforex or other FX brokers such as eToro and FXpro or CMC markets, cannot be cheaper their spread and or commission are significantly more expensive. Compare a blue chip CFD to the same blue chip stock spread and you'll be shocked.
wow so much info that i have not seen befor being offerd some thing i need to look in to you recon?
 

Iraira

Recruit
Messages
4
wow so much info that i have not seen befor being offerd some thing i need to look in to you recon?
the recon is real easy, open a Live demo account with a stock broker, where you can see L1 NBBO (Bid/Ask) and compare the prices to any CFD broker. Apple for example is traded with 2-3 cents rpead on the real market. CFD brokers are offering apple with 60 cents and 0 commission. regular brokers offer the real price (2-3) cents, with 1 cent (sometimes less) per share. if you buy 100 shares of apple with a real broker, pay 1 dollar in commission plus 2-3 dollar loss due to spread. with CFD broker you will pay 0 comission (yoohoo) but your "profit" start at -60 usd. this is the scam of the century, the funniest part is that most retail traders are "proud" to pay 0 commission and are totally oblivious towards them being robbed by the CFD brokers - go figure.
Look at etoro spreads on apple. 30 cent spread on stocks (same stock you get for 2-3 spread with a regular stockbroker), and 60 cents spread on CFD on apple.
the good news is that there are CFD brokers that offer real market spread and are not marking up the spread. let me know when you finish the recon, you will be amazed.
 

Clay Davidson

Recruit
Messages
76
American stocks are a really interesting and profitable group of assets, which can be used not only during the quarterly reporting period, but also in everyday trading, because there are extremely serious levels formed here.
And this is really promising...
 

Gromvelt

Private
Messages
17
Now all companies are trying to stand out and most likely some of them are already offering it, you just need to search well.
 

Pharaoh

Colonel
Messages
19,892
A lot of forex brokers offer stocks. Most of those are really just offering you a contract for difference (CFD) on the stock. This means your trade never goes to the real market and the broker holds the other side of the trade.

A few forex brokers really are licensed stock brokers. And there are plenty of stock brokers that don't bother with forex.

The joy of trading with a true licensed stockbroker on an exchange is that your trades really do end up on the exchange. This also places your trades under the regulations of a stock exchange. In general, those regulations are far stricter that forex broker regulations.

For something as volatile as an IPO, I recommend only doing it with a licensed stockbroker. Rules for IPOs vary from country to country and exchange to exchange. Before jumping into an IPO, you need to spend some time familiarizing yourself with those rules.
 
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