I've been using it for about 6 months and quite like it. No charts however but otherwise a competent program. Hedging CFD shorts are quite useful so you don't have to sell your shares when you expect a drop (and so benefit from capital gains rules by holding for over a year) although I am hopeless with timing in putting my shorts on and off; you can partially hedge too. You can only hedge on larger companies. You get full depth of orders and trades are instantaneous, whether cfd or not. With a guaranteed stop loss you can actually have less collateral, as low as 1% or so but each time i've done this they extract a hefty fee and my stops get broken so I don't do that anymore. Of course the leverage can work against you or for you, just like any leveraged system. There is a pdf on their site that tells you how much you can leverage on each share; the big co's w divs and solid earnings you can leverage 95%, then there are many at 10% and 25% and then there are many of the small stocks where you cannot leverage at all.
I'm mainly a long term fundamentals investor and I like the ability to flexibly leverage, I don't know what it would be like for mainly a cfd trader or a day trader.
The ability to short saved me from a complete wipeout during the subprime drop and I didn't have to sell my core holdings. I shoulda shorted earlier, but probably most people would say that!
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Last
$63.10 |
Change
0.180(0.29%) |
Mkt cap ! $12.23B |
Open | High | Low | Value | Volume |
$62.97 | $63.63 | $62.61 | $17.85M | 282.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 923 | $63.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$63.11 | 576 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 923 | 63.010 |
1 | 348 | 62.950 |
3 | 1943 | 62.730 |
1 | 6 | 62.700 |
1 | 1590 | 62.680 |
Price($) | Vol. | No. |
---|---|---|
63.110 | 576 | 1 |
63.130 | 1713 | 2 |
63.180 | 748 | 1 |
63.210 | 1590 | 1 |
63.230 | 2105 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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