anyone trade CFD's

Discussion in 'Trading' started by ssankat, May 19, 2003.

  1. ssankat

    ssankat

    Started using a demo account at GCI trading looks pretty good, , low margin as i have limited amount of capital and am located in canada so legally i am allowed to cfd's as i know in the US it is not allowed. anyone with experience trading these derivatives with respect liquidity and stop and limit orders being filled would be greatly appreciated
     
  2. Momento

    Momento

    have encountered unreliable software and fills b4 from a friend's account. Tough to trade on.
     
  3. what is the advantage of trading CFDs in Canada as compared to futures?
     
  4. Momento

    Momento

    none
     
  5. jay567

    jay567

    although brokers don't charge you commission for trading cfds, they make you pay large spreads ~ 3 ticks from last sale for the es, i'm not sure about other contracts ~ so you're in the hole right from the start

    the benefit i guess would be that you get instant fills at the stated price and the low margin rates