Trading CFDs - Australia/Australian

R

Rache

Good afternoon, I have been trading Stocks on the IB platform for quite some time, I am just trying to get organised to trade the ASX200.
My understanding is that I want to trade the ASX200 CFD - which I believe the IB code for is IBAU200.
My permissions are setup to allow for trading of "Stock & Index CFDs" - but it is a cash account.
From the research I have done so far - I believe I have determined the following:
- Australians can trade CFDs
- They cannot trade CFDs on margin

Is this accurate?

Further - I use TradingView for charting - I am trying to find the associated chart for the IBAU200 CFD - what am I missing here?
 
Rache said:
Good afternoon, I have been trading Stocks on the IB platform for quite some time, I am just trying to get organised to trade the ASX200.
My understanding is that I want to trade the ASX200 CFD - which I believe the IB code for is IBAU200.
My permissions are setup to allow for trading of "Stock & Index CFDs" - but it is a cash account.
From the research I have done so far - I believe I have determined the following:
- Australians can trade CFDs
- They cannot trade CFDs on margin

Is this accurate?

Further - I use TradingView for charting - I am trying to find the associated chart for the IBAU200 CFD - what am I missing here?
More...
Why not trade an ETF?
I would not suggest trading CFD's.
 
You must log in or register to reply here.
Back
Top