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David Carter posted a topic in ForexOr are they the same thing? They seem so similar, but my broker (Jones Mutual) offers both, so what is the difference and which one is better?
Hello guys, I'm starting to swing trade commodities, especially soft commodities (corn, sugar, coffee, cotton, soybean, ...). I'm also checking gold and oil. My problem is I'd like to know what is the best broker for trading those markets (regulated, large commodity choice) ? For CFD trading. I'm thinking of IC MARKETS who are very good with forex and have good trading conditions. The concern I have is that I need a broker that offers MT4 as a platform, and also I'd like to be able to open mini lots positions for a better risk management. As a swing trader, I'm less concerned by the spread but looking at the financing fees. Wish you have a nice day, and thanks in advance. Alexandre.
TradeDirect365.com.au We provide a fair and effective platform for traders. Our aim is to shake up the established players and provide a compelling alternative. Our ASX CFD's trade the same as the underlying share price. Commission is 30% cheaper than IG Markets quoted price (Oct 2013) FX spreads are industry leading - Fixed 24hr 0.8 pip on AUD/USD, EUR/USD USD/JPY (no commission) You will not get requotes or any funny business with us as without the huge marketing budgets of IG and CMC we rely on word of mouth about the quality of execution. All client money is fully segregated with Westpac Bank (Tier1) Only our own company funds are used for hedging. ASIC regulated in Australia. Previous to setting up this business I traded 12 years earning my primary income from trading so I have a better understanding than other providers about traders requirements. If you have any questions about TradeDirect365 or related to CFD's and FX don't hesitate to get in contact with me. (Davin Clarke)