re: real cost of dealing in cfd's ... remmi
I have been trading with Man Financial a while now and found the direct market access to be fine as well as being able to partipate in the open and closing bidding. They also have a frequent traders commission deal that makes their rates very competitive .As half of my trading is in cfds Im happy with what they provide. I have looked closely at other providers and havent found anything I like better when comparing for direct market access . I wouldnt trade cfds if it wasnt dma as there are too many unknowns that come into play one of which is trading against the company who makes the market.I compare it to bookmakers at the races. If they can take your stops out when the real market doesnt trade at the stop out prices then it tells you something doesnt it. I guess everyone needs to make their own decisions as to how they want to go about trading and these market makers do provide a service of being able to let people trade with only $1000 dollars in the account instead of $10000 so for the smaller capitalised traders they do have some opportunities with leverage. For me dma cfd trading is the only transparent method, if the trend in a position changes rapidly I wouldnt want to be waiting for a dealer to respond to a sell order or watch the price go straght past a stop without triggering it for 2 or 3 minutes . Im sure there are plenty of people who this has happened to .
