I'm trading Aussie stocks using CFDs with guaranteed stop losses. Can only trade top 200 stocks or some others with liquidity. You can also trade currencies, indexes, metals, foreign stocks and UK house price futures! Can go long or short.
They just take a deposit which is the difference between your buy (if long) price and your stop - that's the most you can lose even if the share gaps down below your stop. It means you can own $50k worth of stock for $5k up front.
