joslad;179492 When you buy CFD's said:Not true, as I understand it. When you buy CFD's, you are not buying the actual shares, but buying a contract over the difference between the buying and selling price, or vice versa.
I've done about 5months day trading with etrade. So far so good, but I'm hoping to profit from falling share prices as well, so I'm looking to CFDs.
Can you recommend which would be better for a beginner in trading the ASX200 only, out of CFD and DMA?
can someone tell me the difference between CFDs and DMA?
i've signed up an account with IGmarkets, i've searched their website for long position interest rates to no avail.
is the IGM CFDs long position interest rate based sole on the rba interest rate?
with directshares-etrade CFDs they have the benchmark interest rate (rba) plus an additional 3%, just wondering if IGM has additional interest rate?