CFD Trading Platform/Provider

[mattlach]

Hi,

I want to start trading CFD's..

Just wondering which is/are the best for this.

ie CMC Markets, IG, Macquarie, Man Fin...

Thanks.

 

[R0n1n]

Re: CFD Trading Platform / Provider

Hi,

I want to start trading CFD's..

Just wondering which is/are the best for this.

ie CMC Markets, IG, Macquarie, Man Fin...

Thanks.

I have just started trading CFDs as well. I use IG.

 

[swhmale]

i have been trading cfd's with varying success for 18 months using man financials web iress platform. first prudential also use web iress, ig have their own. have been considering transferring to ig because commission is lower(only $1 minimum on online platform, $10 min or .1% for DMA platform.
man have been good to deal with and next day transfer of funds after you request, have seen some comments on this forum re ig concerning difficulty in getting your money.

 

[swhmale]

ig concerns were on older posts, early 2006 and before. ig have guaranteed stop loss available @ .3% commission, man don't.

 

[mattlach]

What about CMC Markets?

Anyone have anything good/bad to say about them?

 

[Damuzzdu]

What about CMC Markets?

Anyone have anything good/bad to say about them?

Don't use CMC. Can't really say much more. Try Cityindex or FPM.

Cheers
Muzza

 

[Joe Blow]

What about CMC Markets?

Anyone have anything good/bad to say about them?

Matt, there are plenty of threads here on CFD providers. Just do a search for 'CFD' or 'CFD provider' using the search function in the navigation bar above.

Before starting a new thread it is always a good idea to do a search beforehand. Most topics have been covered here at least once.

 

[mattlach]

Yes but alot of them are old posts - alot can change over this time..

ie comissions etc..

Why do you say "dont use CMC"?

 

[Damuzzdu]

Yes but alot of them are old posts - alot can change over this time..

ie comissions etc..

Why do you say "dont use CMC"?

ASF might not like what I post, so I'll leave it to you to read between the lines.

Cheers
Muzza

 

[du0012]

trading platform for CFD

any one knows the best CFD platform in Australia?

thanks

du0012

 

[lukeaye]

What about CMC Markets?

Anyone have anything good/bad to say about them?

Yeah, don't use them.

They are a market maker. So you are trading against them. For every $1 you win, they lose. So ask yourself, if they are a business, a business which profits, what must that make most if its customers? Losers. And if you are making money off them, what would they do? Well if i was running a business and a client was costing me money, id either find a way to make money out of them or drop the client.

So draw your own conclusions from that.