CFD trading information

[Jeremy]

I'm very new to this,but am interested in trading in CFD's.I know there are companies out there which charge a great deal to join and supposedly give you all the info you need and also allow you to enter live trading rooms to do the work for you.
Is this a good way to go?Can anyone reccommend a company which delivers but doesn't charge like a wounded bull?
Thanks,Jeremy.

 

[nukz]

One thing that may be helpful to you would be to setup some demo accounts, the main providers here in aus(CMC, IG markets & Cityindex) all offer demo accounts.

I'm currently using CMC but have used Cityindex which i found very good and the interface slightly better than CMC in that it also has a proper iphone application.

I have never used IG markets but a few mates use it and have never had any issues.

 

[1337trader]

If you've never traded before, stay away from CFDs.

I have never seen a long term profitable reco newsletter/live trading room where you just copy trades and make consistent profits, and I have seen lots.

If you are trying to find a low-cost, profitable training/reco company I suggest you stop, because I have yet to find a HIGH-COST, profitable training/reco company.

I suggest you learn to trade/invest yourself.

 

[tom82]

One thing that may be helpful to you would be to setup some demo accounts, the main providers here in aus(CMC, IG markets & Cityindex) all offer demo accounts.

I'm currently using CMC but have used Cityindex which i found very good and the interface slightly better than CMC in that it also has a proper iphone application.

I have never used IG markets but a few mates use it and have never had any issues.

What about GFT, IB, Capital CFDs and Market plus?

 

[Gringotts Bank]

IG halved its spreads on a few of its indices, starting today I think:

DOW now 2 (down from 4)
FTSE now 1 (down from 2).

I feel like this is a good deal. Can a CFD expert confirm/deny?

 

[skyQuake]

IG halved its spreads on a few of its indices, starting today I think:

DOW now 2 (down from 4)
FTSE now 1 (down from 2).

I feel like this is a good deal. Can a CFD expert confirm/deny?

Yep, and 1pt sread on the spi too.