Mleung
- 18 Feb 2003 00:14
Any one have experience with E*TRADE, in particular for CFDs?
I am getting fed up with CMC requoting. I rather pay a little to get a faster response. Service of GNI is excellent but the commission is expensive. A flat rate like E*Trade is ideal for me. The question is how good is their service?
Kayak
- 10 Jan 2006 09:59
- 14 of 20
Never mind that, ask yourself why they feel the need to do it and consider your position accordingly!!
What stock BTW?
The Other Kevin
- 10 Jan 2006 10:28
- 15 of 20
Kayak - A gambling position, O Wise One! COST!!! Do you know if GNI are doing the same?
Kayak
- 10 Jan 2006 10:42
- 16 of 20
Thanks. No I don't for sure, sorry, but I think that generally CFD firms reserve the right to vary the margin as they see fit.
The Other Kevin
- 10 Jan 2006 10:47
- 17 of 20
On mature reflection COST doesn't seem to merit a High Risk rating. Risky, maybe but not high risky. Anyway, I'm out now on the plus side.
Fred1new
- 15 Jan 2006 18:41
- 18 of 20
Are any of you using CMC Markets for CFDs. Recently become interested and I am using Barclays, but the dealing costs seem to high.
I have had a look at CMC and like dealing costs and their platform, but being paranoid I tend to look for the snags and also questioning spreads etc. and how they (CMC) make their profit.
Thinking of going to a seminar.
Views, advice etc. welcome.
Also looking at the previous postings don't like to much the ability to change margins.
Gausie
- 15 Jan 2006 21:15
- 19 of 20
Fred1 - happens very rarely - I've had it maybe twice in almost 10 years of heavy trading with CFDs.
Personally, I'm not keen on cmc for anything other than forex - but I know other traders swear by them (almost as often as they swear at them).
My advice would be to open an account with a couple of providers, and compare their spreads, charges, interest rates, execution speed, platforms, features and telephone support. Then major on the one that best fits your needs and trading style.
Gausie
Fred1new
- 15 Jan 2006 23:44
- 20 of 20
G Thanks. Considering it.