Any Successful CFD Traders Out there?

Hi

I was wondering if there are any successful CFD traders on this forum (you do not have to brag or post anything that you do not want to) that are continuously racking in above $10k per week from these CFD providers?

The reason I ask is because I currently make around that per month BUT with stock trading which is regulated market.

I am not a scalper and can hold positions for as long as it does not commit a sell. I have never traded CFDs but they look like an attractive product especially with leverage.

My only issue is that I do not want to handle the mess of dealing with brokers that want to deliberately cut the trade into their own favor. I want to know if any other successful traders on this forum that are making 5 figure per month or more have any issues with CFD providers? What kind of problems do you face when you are losing them money every week? Whats their threshold before they want you out?

I would also highly appreciate if you could just mention the brokers you use for the benefit of others. I want an authentic broker and am willing to spread out amongst a few as long as they do not start killing the trades that are losing them 5 figures every week.

Thank you.

If you dont want to be at the mercy of an execution broker then just use DMA set ups. Make sure your orders dont get switched onto the OTC order book (GTC, icebergs etc) then you should be fine.

If you are looking for a DMA only Provider FP Markets offers for both CFD and Spread Betting. With our platform you are able to see depth and volumes. Take a look at my album to see images.

Price depths from whom???!?

Who is your liquidity provider (s)? Who puts in the money for buys/sells?

For forex they can be banks etc but for CFDs who is this pool of risk takers?

The price depths come from the underlying exchange. Through our platform you can place orders into the exchages order book. The liquidity is the liquidity of the underlying market. Every trade is hedged into the underlying market or with our PB at a better price. You are also able to participate in pre and post auctions.

If you would like any more information feel free to go to our website and download one of our free education guides. 'Introduction to DMA CFDs should explain everything

Hope this helps
Alex

I am interested in learning how to trade cfds, can anyone recommend some resources that I can get to learn it and what it involves.

google cfd trading

look for dma broker with low spread and commission

do not take fixed spread

as far as i know exchange traded cfds are only in australia

and read this

http://www.trade2win.com/boards/cont...d-eur-usd.html

Learn to trade first on demo accounts. If you can trade, CFD is just an instrument. You can trade any thing.