Does anyone know any good CFD brokers for AMERICANS?

Discussion in 'Retail Brokers' started by cashclay, Dec 19, 2021.

  1. cashclay

    cashclay

    I wanted to find a good cfd broker that allows trades on every stock listed and no commission fees. I have checked with some brokers but they only have a selected stocks. Thank you
     
  2. Overnight

    Overnight

    Americans are not allowed to trade CFDs. Must be a reason for that.
     
  3. ph1l

    ph1l

  4. cashclay

    cashclay

    is there anything like cfds that i can use to trade stocks on ? cfd brokers are so limited. they wont allow cfd trading on all stocks but only a select few.
    But i like cfds because of the no pdt rule, fast executions and etc...
     
  5. maxinger

    maxinger


    That's rather odd considering Americans value freedom.

    Many countries allow CFD trading but disallow gun ownership.
    The US is the other way round.
     
  6. def

    def Sponsor

    No fees? Be careful what you are seeking. the no fee CFD brokers (outside the US of course) are notorious for marking up the spread and charging very high finance fees.
     
    zdreg and persistence like this.
  7. maxinger

    maxinger

    right.
    the spread is extremely wide.

    It is totally totally impossible to day trade profitably with such a wide spread.
     
  8. With the futures market offering micro contracts on almost everything these days, what's the point of wanting to trade CFDs? I understood it before but not now. If you're looking to day trade, many futures brokers ask for only $50 margin for micro contracts.
     
  9. ZBZB

    ZBZB

    Really bad advice. Binary options are a scam, the brokers will never let you take money out of your account.
     
  10. Pekelo

    Pekelo

    They don't like competition. US brokerages....
     
    #10     Dec 20, 2021