Good afternoon, I have been trading Stocks on the IB platform for quite some time, I am just trying to get organised to trade the ASX200. My understanding is that I want to trade the ASX200 CFD - which I believe the IB code for is IBAU200. My permissions are setup to allow for trading of "Stock & Index CFDs" - but it is a cash account. From the research I have done so far - I believe I have determined the following: - Australians can trade CFDs - They cannot trade CFDs on margin Is this accurate? Further - I use TradingView for charting - I am trying to find the associated chart for the IBAU200 CFD - what am I missing here?
Australians can trade CFDs. Australians can still trade CFDs on margin. Changes to regulations aren't in place yet. ASIC's proposed margin limit is 10:1. IB data is not accessible through TradingView AFAIK. Australian 200 Index is available through Oanda - https://www.tradingview.com/chart/?symbol=OANDA:AU200AUD