CFDs

[Barry Zuckercorn]

Does anyone here trade CFDs (Contracts For Difference)? If so, who do you find to be a good CFD provider?

 

[R00StaR]

I don’t use them, but I have had a look around and felt Man Financial were up there. A key difference with them is they don’t make a market, and place your orders into the actual market on your behalf.

Ive heard some CFD providers wont take your trade if a stock is moving quickly. Heavens forbid if theses a market crash. While lots of people use them successfully id be sure to look into them very carefully.

Also adherer to the strictest of money management rules. If you don’t know these rules, my advice would be you aren’t ready for this kind of leverage.

 

[Barry Zuckercorn]

I don’t use them, but I have had a look around and felt Man Financial were up there. A key difference with them is they don’t make a market, and place your orders into the actual market on your behalf.

Ive heard some CFD providers wont take your trade if a stock is moving quickly. Heavens forbid if theses a market crash. While lots of people use them successfully id be sure to look into them very carefully.

Also adherer to the strictest of money management rules. If you don’t know these rules, my advice would be you aren’t ready for this kind of leverage.

Thanks for the advice, it's appreciated. I have been actively trading CFDs for a while now and I do adhere to strict money management and stop/loss rules. One has to otherwise there's potential for big losses.

I'm currently with CMC but wanted to get a feel if there's decent alternatives. I have looked into Mann Financial as well and they are very good BUT unfortunately do not offer sectors (Energy, Materials, Financial etc) which is what I predominantly trade.