Need broker on these criteria plz

C

cashclay

Im looking for a cfd or equity broker that comply with these criterions:

1: Great platform for fast executions and scalping
2: high leverage. my current cfd broker gives me 20 to 1
3. For cfds, need a broker that gives me a large list of US shares. My broker right noe literally allows me to trade cfds on pretty much any US stocks
4. Last but not least low commissions and no absurd hidden fees. my broker lied to me. teling me only about commission that started at .01 and lowered to .005 cents. However they also charge routing fees at the same price which i got hurt pretty badly on.

Thanks!!
 
If I am not mistaken, they are not traded in USA? Like they are traded in 9 countries?
USA have swaps but I have never traded them. Am guessing they be considered like a stock and can't get around PDT rule.

Any volume in them?
 
Handle123 said:
If I am not mistaken, they are not traded in USA? Like they are traded in 9 countries?
USA have swaps but I have never traded them. Am guessing they be considered like a stock and can't get around PDT rule.

Any volume in them?
More...

For DMA, broker will buy stock when you buy the CFD, so as much volume as the stock has. IB does offer US CFDs, benefit being slightly better margin reqs.
 
d08 said:
For DMA, broker will buy stock when you buy the CFD, so as much volume as the stock has. IB does offer US CFDs, benefit being slightly better margin reqs.
More...

That is interesting, thank you.

Other than PDT rule, is there other advantages of trading CFD's, are they leveraged like futures?
 
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.
 
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