I have not yet traded CFD's and am only just starting to learn about them. I am unsure about how the price per tick works with CFD's.
I wonder if someone can help me out? Is this how it works? Lets say I want to buy 1,000 SPY (ETF) at say $100. Can I choose how much each tick is worth or is it fixed?
From reading others opinions I am leaning towards opening an account with IG to trade the US markets if that helps any with the answers.
Going to have many other questions but this will start