Please advise broker. id like to trade cfd on futures sp500. i will trade on daily bars. Are there any brokers that would take orders immediately without huge slippage and other their jokes.
I can advice the broker I am trading with - Forex Metal - yes, a market maker. But I am not ready yet to open an account with ECN and to risk with several thousands as I am still a novice. I feel pretty comfortable trading with them - rarely occured re-quotes, no problems with withdrawals. Check out.
Try our demo: http://files.metatrader4.com/empireglobal/eg4setup.exe (right click on instruments' char, select VIEW ALL to access the cfd's). Good trades!!
The reason you're having trouble is because you're trading a by-product rather than the actual product. If you want to reduce slippage consider trading the actual emini sp 500. My broker does a great job with this. Unfortunately they don't offer CFD's.
read IG index and the other one that has been around forever, forgot the name (UK based). Most are crap i hear.