UK regulations and protection for retail client are much better than ASIC. http://cfdfxforum.com.au/cfd-forex-petition Every G10 country aside from Australia has banned the use of client funds relating to derivatives for hedging purposes. Your funds will continue to be at risk because Australia...
Some broker don't allow client direct their orders to a specific trading venue, normally they charge $3 to $5 per trade regardless the quantities.
Some offer direct access and charge $0.0035 per share,client can get rebate normally $0.002/share for adding liquidity if order is displayed on ecn...
US30 Dow Jones Industrial indice spread after US market open is 1.4pip@CMC with no commission,YM future@CBOT is avg.1.5pip+0.8pip round commission via IB, a big difference.
The most popular largest volume indice sp500 spread is 0.4pip@market makers, ES future@CME is avg.0.25pip+0.08pip round...
Forex,stocks,gold,oil,other indices(SP500,nikkei225) trading costs, DMA/ECN acess via IB are much better than market makers. Why DAX and us30 are exceptions?
Lots of market makers offer DAX CFD 1pip spread with no commission which is better than future@EUREX raw feed(avg.1.3pip spread+a commission), where they get liquidity from? ETF or future@EUREX?