I am Little Confused with CMC market

hello dear traders, I've CFD Individual account with CMC I am trading US Index price, Dow and dax, Only. (us30 and german30),

Which one Is better CFD or Spreadbetting For me? I am confused please give me suggestions, With CFD when I trade Index I pay Comissions which are Killing me.

So anyone can explain me,? Spreadbetting works, similar, like CFD but free of Comissions?

You seem to be asking which is least expensive? If so then just work out how many ticks your instrument must rise after you have bought it, to break-even. I trade the Dow future DMA with a one-point spread (mostly). If I buy at ask and sell at bid then the price needs to rise 2 points before I sell making a profit of 1 point ($5) to cover my costs.

For spreadbetting and cfd's the price will have to rise more, just work out which is better with the same calculation.

There may of course be other considerations such as the merits of the platform, speed of fills, customer service, but with CMC these are likely to be almost the same for cfds and s-bets. S-bets give tax-free profits, but for most people the challenge will be generating those profits in the first place! S-bets are free of requirement to report in your tax-return, which may make life simpler.

rockwelltrading said:

hello dear traders, I've CFD Individual account with CMC I am trading US Index price, Dow and dax, Only. (us30 and german30),

Which one Is better CFD or Spreadbetting For me? I am confused please give me suggestions, With CFD when I trade Index I pay Comissions which are Killing me.

So anyone can explain me,? Spreadbetting works, similar, like CFD but free of Comissions?

Click to expand...

CMC only offer spreadbetting to UK residents. Your profile says you are from Georgia.

If you are making a "living income" from trading, as you claim in another thread, how are these commissions killing you? How much commission do they charge you. I'm interested because they don't charge any commission on index CFDs in the UK.

timm said:

CMC only offer spreadbetting to UK residents. Your profile says you are from Georgia.

If you are making a "living income" from trading, as you claim in another thread, how are these commissions killing you? How much commission do they charge you. I'm interested because they don't charge any commission on index CFDs in the UK.

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well, I asked that because I alslo Knew that there was no commissions, On Index, I wanted to clearify, Nothing else, I am happy and grateful, yes I make "living Income' absolutly True, I have My strategie, over 80% winnings.
that what I ask, They told 2-4 basic Points, can someone evaluate on that what basics points means?

Why dont you just stick a vendor tag under your name to make it a little clearer what your doing

rockwelltrading said:

hello dear traders, I've CFD Individual account with CMC I am trading US Index price, Dow and dax, Only. (us30 and german30),

Which one Is better CFD or Spreadbetting For me? I am confused please give me suggestions, With CFD when I trade Index I pay Comissions which are Killing me.

So anyone can explain me,? Spreadbetting works, similar, like CFD but free of Comissions?

Click to expand...

If you're trading the DOW & the DAX only, you should not be paying any commissions at all as CMC does not charge commissions on CFD Indices - they charge commissions on CFD stocks which is .005% on each trade. So I can't see what is confusing you?


TraderRod
The CFD Traders