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.
asx cfds
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Last
$60.00 |
Change
0.520(0.87%) |
Mkt cap ! $11.63B | |||
| Open | High | Low | Value | Volume |
| $59.54 | $60.22 | $59.50 | $25.48M | 424.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 600 | $59.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $60.01 | 288 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ASX (ASX) Chart |