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Im interested in trading stock CFDs, are there any reputable brokers? I hear a lot about sketchy thing with CFDs but dont have the money to put up for a stock broking account.
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FP Markets have been around a long time and have a good reputation.
There's some more info on them in Joe's post at the link below:
June 2019 Stock Competition Entries!
Interactive Brokers offer ASX CFD's
Finding a broker
- Thread starter TradeLikeTheWind
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FP Markets have been around a long time and have a good reputation.
There's some more info on them in Joe's post at the link below:
June 2019 Stock Competition Entries!
Zaxon
The voice of reason
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You're welcome to use CFDs, but I'll share with you the statistics about their success rate:
![](data:image/svg+xml;charset=utf-8,<svg height="30px" width="100px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
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if you don't know what youre doing, have no effective technique, the instrument traded becomes irrelevant .....a different instrument with the same leveraged or margined boundaries carries the same risk and likely the same results as this narrowly chosen list (based on data available to asic)
https://www.financemagnates.com/for...s-making-deceptive-claims-about-afs-licenses/
trading can be hard but a lot harder when youre stupid
https://www.financemagnates.com/for...s-making-deceptive-claims-about-afs-licenses/
trading can be hard but a lot harder when youre stupid
Traderbill said:
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Interactive Brokers offer ASX CFD's
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cutz, according to question I think TradeLikeTheWind is trying to fund a very small trading account since he doesn't want to fund a stock broking account even. So US10,000 for an Interactive Broker account may be bit out of reach for him at this point.
IG markets offer small CFD accounts and their reputation is not bad as they have been around on the Aussie shores for decades.
IG markets offer small CFD accounts and their reputation is not bad as they have been around on the Aussie shores for decades.
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thats it. I have traded forex for a long time, with little success. I want to put up as little capital as possible. At the moment I consider myself to be in a learning phase.
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Hi TradeLikeTheWind, I have been with IG markets as my CFD broker for a long time. They offer "refer a friend" scheme where you can get $100 free credit for opening an account with them, even if it is an account funded with a small sum of money. If you are interested, use the link below for get the $100 bonus:
www.ig.com/au/refer-a-friend?referralID=f041fddee0b328e773c26ab40befeb7c
www.ig.com/au/refer-a-friend?referralID=f041fddee0b328e773c26ab40befeb7c