deal4free, page-2

  1. 45 Posts.
    hi

    there are various ways they make money.
    As MM they trade in the market, their spread on futs trading is wider than say IB, e.g., DOW spread is 5, FTSE is 4.
    Also, they charge 5.47% (?) interest p.a. on a long position held overnight, calc daily (so in actual fact very small). Note, they actually PAY you interest (5%) if you are short.

    there maybe other ways i cannot remember but these are the main ones.

    I have been dealing with them quite regularly and found them to be very good. As always, you should have solid derivative trading experience before going to them. More than one of my colleagues complain about the number of forms they ask you to fill, and the hoops they make you jump (especially if you are trading for a company).

    My suggetion is that if you are in sydney, give them a call and make an appointment to see them. You won't use a broker without meeting them first and the same goes for here. They have a pretty nice office in the city.

    hope this helps and if you got any questions just ask. or check out the D4F forum 8-).
 
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