CDF's and equities

221bazookas

221bazookas

The title is a bit short changing my question: Im trying to invest with CFD's in a company that is listed on nasdaq but can't find if they have CFD. How does an investor find if there is another way to invest in a company without having to buy their stock? I looked into ETF's and even though there plenty of them, not one I found included this company. This company is listed in Nasdaq.

Thanks in advanced...
 
It depends on the cfd broker, if they have cfd on the stock. I would not recommend you to trade cfd, because of the conflict of interest between you and your broker.
 
I often trade cfd's with interactive brokers and have few problems.( hard to notice the difference with underlying stock trade).
 
No , I don't think you can trade after hours with cfd's at interactive , not sure about the auctions , I use the algo a few minutes before close , I also often trade underlying stock , atleast within trading hours the costs seem very similer to me .
 
henry76 said:
No , I don't think you can trade after hours with cfd's at interactive , not sure about the auctions , I use the algo a few minutes before close , I also often trade underlying stock , atleast within trading hours the costs seem very similer to me .
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Thank you for your answer. You cannot trade premarket og after hours. However, you can trade the auctions.

The reason I ask is that I saw a post here on ET a while back with the problem that some CFD auction orders wasn't filled. I just wanted to check wether that is a common problem. But since you do not normally trade through auctions, you do not have that problem.
 
221bazookas said:
Thanks, and yes Ive been reading on that part of mm taking the other side. So just stick to the index I guess?
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If you are talking about index futures, no problem. If it is cfd index or something similar, they will cheat if you are profitable. What happend to me was when i traded danish stock cfds with them was, if i made a order to buy 1000 cfds that order would change a position of 10000 cfds. Same will happend when i tried to close a position of 1000 cfd suddenly i was short 9000 cfds. Other thing that happend was if the position goes against me i wouldnt be able to close the position either by when i press sell to close the position and nothing will happen or by the order entry box would simply disappear when the position go against me, so i have to call them to fix, by then my loss would always be huge. I ended up closing my account after 5000$ loss.
I had similar problems when i traded cfds and forex with oanda, my stop loss wouldnt trigger price will go through my stop loss without triggering it, platform disconnection if i have open position and stuff like that. Do yourself a favor and dont trade with a bucketshop.
 
1NCOGN1TO said:
If you are talking about index futures, no problem. If it is cfd index or something similar, they will cheat if you are profitable. What happend to me was when i traded danish stock cfds with them was, if i made a order to buy 1000 cfds that order would change a position of 10000 cfds. Same will happend when i tried to close a position of 1000 cfd suddenly i was short 9000 cfds. Other thing that happend was if the position goes against me i wouldnt be able to close the position either by when i press sell to close the position and nothing will happen or by the order entry box would simply disappear when the position go against me, so i have to call them to fix, by then my loss would always be huge. I ended up closing my account after 5000$ loss.
I had similar problems when i traded cfds and forex with oanda, my stop loss wouldnt trigger price will go through my stop loss without triggering it, platform disconnection if i have open position and stuff like that. Do yourself a favor and dont trade with a bucketshop.
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That's pretty rough! That's pretty shady stuff, have your tried doing some kind of consumer report with whom ever certified their broker license? That's a significant amount of moola.
 
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