ETRADE CFDs

absmith1

Newbie
9 0
Hi,

I was thinking of opening a CFD account with ETRADE, but they have just emailed me an answer to one of my many questions that concerns me. Apparently all stop and limit orders have to be at least 10% away from the current trading price. Is this really the case? Does anyone have any experience of this.

Andrew
 

Newtron Bomb

Experienced member
1,602 87
Hi Andrew

If thats what they say then that is the case.



As for the various providers and the details of what they do your best bet would be to look around the various providers

HTH
Newtron Bomb
 

stevespray

Experienced member
1,289 154
Andrew - 10% seems alittle large for stops/limits, are you sure you have the right end of the stick ?
I suggest you ring them as ask via the phone. I think it sounds incorrect.

Steve.
 

knorrie

Active member
148 1
absmith1

I've been using E*Trade CFD's for over a year now. The 10% rule only applies to guaranteed stops, not the regular ones.

KenN
 

TheBramble

Legendary member
8,395 1,170
I've not used CFDs with IG Index, but their guaranteed stops on shares (which attract an extra 2 points spread) IIRC are about 5%.
 
 
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