ASX 0.44% $67.26 asx limited

asx cfds

  1. 152 Posts.

    Anyone trade these?

    I'm contemplating joining up with CommSec, but have calculated that their initial margins are about 40% higher than for (for example) ETrade's OTC CFDs.

    That's steep.

    CommSec would seem to be safer than OTC CFDs (tho Etrade has nothing to do with the US ETrade, & is owned by the ANZ Bank). But the big margins put me off.

    CommSec add 30% to the ASX's standard margins.
 
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