commissions for naz stocks (cfd)

[liamfitz]

want to trade naz and nyse cfds ? any recommendations - etrade extortionate at 19.95 per trade ?

can anyone help ?

many thanks !

 

[Trader333]

IB costs are 1c per share up to 500 shares then 0.5c per share over 500. Minimum trade is 100 shares so minimum cost is $1 per trade or $2 per round trip. For 1000 shares it is $5 per trade or $10 per round trip.

In my view unbeatable and undoubtedly the market leader in cost. Many T2W members have an IB account and it is easy to see why.

This isnt CFD though as IB are a proper brokerage.


Paul

 

[Trader333]

Actually I have just realised that if you wanted to trade on a regular basis the initial funding is expensive. The other option for cfd is Deal4free as the margin requirements are much lower.


Paul