Australian (ASX) Stock Market Forum

Can anyone recommend a reliable CFD provider?

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28 May 2009
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Hi, I am looking to change my cfd provider, I want to be able to trade UK cfd's and I am looking for a reliable,honest and resonably priced provider, can anyone recommend one or have I got more chance trying to find a pot of gold at the end of a rainbow ! (please don't suggest CMC or IG because I know that they don't they meet the above criteria,but they are cheap)best regards B.
 
Hi, I am looking to change my cfd provider, I want to be able to trade UK cfd's and I am looking for a reliable,honest and resonably priced provider, can anyone recommend one or have I got more chance trying to find a pot of gold at the end of a rainbow ! (please don't suggest CMC or IG because I know that they don't they meet the above criteria,but they are cheap)best regards B.

Try MF Global. Been with them for over 2 years trading CFDs over US stocks.
 
I can only suggest you stay away from GFT as well. they are not that far bad from CMC.

I think all Market Maker got the same problem. The pros = low margin (CMC only 1%!!!), low commission, same spread as DMA.

The cons = the same spread is a lie (they show $1.00 but normally you can only sell at $0.98 and sometimes $0.96) this makes them actually way more expensive than DMA.
 
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