Need broker on these criteria plz

[d08]

theyre immensely leveraged. my broker gives me 20 to 1.

however you do have to be careful ad research. CFDS are based on spreads. meaning youre not buying or shorting at market prices but rather on a spread based incentive. If you do look for a broker look for one that offers market spreads and not one that are dictated by the broker.

With a direct market access broker you are trading exactly at bid/ask of the underlying. There are no spreads based on incentives or anything like that, what you're talking about are bucket shops that bet against you.

With blue chips I get something like 10/12 to 1 but never 20 to 1.

 

[radex78]

Yes if scalping trader of course they will prefer use broker that has low spread and fast execution because they will open and closed order only at short time, sometime I am also work with scalping but not too much often, and prefer trade as swing trading in my broker now

 

[cashclay]

Which broker do you use? and are they compatible with sclaping and daytrading? Im looking for CFDS and Stocks

 

[eastern_warrior]

You say you have < 10K. Do you really think you should be taking on leverage as an active trader and avoid getting blown out? You have no wiggle room.

 

[cashclay]

i never said i had 10k. i said i need 10k for IB

 

[radex78]

I am using forexmart now, this broker also have regulated Cysec and company on cyprus and for retail trader also I can start only with small capital although only start with one dolar already can trying service