which provider, page-3

  1. 594 Posts.
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    crystalvoyager,
    I do not have a great deal of capital, and was after a provider to have multiple instruments out of a single account. Sonray traded shares/futures/cfd's in multiple exchanges around the world. I was particulaly interested in commodity cfd's but most providers have similar margins to futures contract where as sonray could be traded with as little as $500. U.S markets were of interest as well and ultimately I was heading towards U.S cfd's and commodity cfd's with a touch of Aust penny stocks
    The office was in gold coast which was handy if problems occured,(obviously didn't do me any good with this problem)
    So it seemed to fit the bill. Was told that clients had segregated accounts held in trust that could not be accsessed by sonray, (should have kept that conversation on tape it seems). Never looked into the minefields of liquidation of the broker and wrongly assumed that shares were safe.
    So in the end have learn't something, but will be forever paranoid and probably over compensate from this event.
 
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