Love comsec , NOT . Has GFT, cmc, Halifax , IG markets or any other cfd provider used MF as an excuse to not pay out clients as a result of MF falling over ? I haven't heard of any till I read the garbage from comsec/cba . And I thought they had turned the corner . NOT .
U guessed it I got a bee in my bonnet with CBA as doing an international money transfer last week they wanted to charge me a very wide spread of around 3 % each way , the saps .
From their pds ; http://www.comsec.com.au/baseframeset.asp?p=http://www.comsec.com.au/FSRA_Acknowledgement.asp?tourl=http://www.comsec.com.au/Shared/PDF/OTCPDS.pdf
; Can I withdraw money from my OTC CFD account? You may request a withdrawal from your OTC CFD account by contacting CommSec either by telephone or in writing. If CommSec receives a withdrawal request, it will determine in its absolute discretion whether to agree to such a withdrawal. You will only be able to make a withdrawal from your OTC CFD account in Australian Dollars and if you have available Free Equity in aggregate.
