Dealforfree new commissions
Hello UK Dealforfree trader's
I don't know about over there but here in Australia Dealforfree are introducing Commissions (brokerage) in 2004. Recently they cut the CFD range from ASX 200 down to ASX 100 and upped the margin from 5% to 10%. Life is getting harder (and as if it wasn't hard enough already)
Below are details of the new charges......
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In order to give you the service you demand while still maintaining our commitment to providing the most cost effective way to trade the global markets in Australia, we shall be introducing a new and highly competitive commission structure in conjunction with the launch of our new services. This will commence on Jan 12th 2004
See for yourself how CMC Group compares with other CFD providers and physical share brokerages using an example Telstra trade.
Commission - executed trades up to AUD$10,000
AUD$10 (or currency equivalent) per share CFD trade up to AUS$10,000 (or currency equivalent)
All Index and Sector trades – commission free
All Foreign Exchange trades – commission free
Commission - executed trades over AUD$10,000
O.1% (10 basis points) per share CFD trade over AUD$10,000 (or currency equivalent).
All Index and Sector trades – commission free
All Foreign Exchange trades – commission free
*******************************************
I'm wondering if similar change's are coming your way in the UK..?
Hello UK Dealforfree trader's
I don't know about over there but here in Australia Dealforfree are introducing Commissions (brokerage) in 2004. Recently they cut the CFD range from ASX 200 down to ASX 100 and upped the margin from 5% to 10%. Life is getting harder (and as if it wasn't hard enough already)
Below are details of the new charges......
***********************************************
In order to give you the service you demand while still maintaining our commitment to providing the most cost effective way to trade the global markets in Australia, we shall be introducing a new and highly competitive commission structure in conjunction with the launch of our new services. This will commence on Jan 12th 2004
See for yourself how CMC Group compares with other CFD providers and physical share brokerages using an example Telstra trade.
Commission - executed trades up to AUD$10,000
AUD$10 (or currency equivalent) per share CFD trade up to AUS$10,000 (or currency equivalent)
All Index and Sector trades – commission free
All Foreign Exchange trades – commission free
Commission - executed trades over AUD$10,000
O.1% (10 basis points) per share CFD trade over AUD$10,000 (or currency equivalent).
All Index and Sector trades – commission free
All Foreign Exchange trades – commission free
*******************************************
I'm wondering if similar change's are coming your way in the UK..?