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Thread: CMC Markets

  1. #1

    Join Date
    Sep 2008
    Genova (ITALY)

    Default CMC Markets

    Please info on CMC Markets for trade cfd i think open account another trade open account with CMC

  2. #2

    Default Re: Cmc Markets


  3. #3

    Default Re: Cmc Markets

    lol goodamn.

    CMC and IG markets both seem to be good CFD providers. I personally have an account with CMC and I have no complaints.

    I would avoid bank CFD providers as the comissions I have seen to date are huge comparably. One 'advantage' of IG is that they have a DMA pricing model vs CMC which are market makers (not that I have noticed a big difference).

  4. #4

    Default Re: CMC Markets

    I would have to disagree with you in that its an advantage to have DMA. When trading a derivative i prefer having the sythetic market provided by CMC rather than the DMA by IG.

    In a synthetic market like that provided bye CMC you can set a stop loss while in a DMA platform you can't. This is a critical difference especially when trading CFD's when your positions are leveraged. its great when things are going well but when things go badly just a little it can really blow out.

    Also i am not limited by the order flow as i am on a DMA platform. If there are only 10 shares available at the price i want on a DMA platform i can only buy 10 shares. On a synthetic model like CMC i can buy 100,000 shares, and becuase its a 'made up' market if i want to sell 100,000 shares i can sell them instantly. I do not have to wait to wait till there are enough people wanting to buy 100,000 shares to get out.

    its all very complicated. There are a few books and recourses out there that explains the difference, advantages, disadvanges and how to use them to your advantage out there. the best i have found is from Guppytraders.com. Daryl Guppy really knows his stuff.

  5. #5

    Default Re: CMC Markets

    Herlequin what do you mean not being able to set a stop loss with DMA? you can place a stop loss no or are you referring to guaranteed stop losses?

  6. #6

    Default Re: CMC Markets

    Yes lucky, my apologies i should have been more specific. I did mean a guaranteed stop loss.

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