I start looking at CFDs because I need leverage. My objective is to day trade individual equity like one trades ES or QM. Some stock futures do exist but the spread is generally not too favorable.
I am thinking if I instead use CFDs to take leveraged position although the spread may be a little bit more favorable than stock futures, the commission would end up putting me into a even worse position.
Is there anyone here who have similar experience?
By the way, just a simple question: does cfd brokers quote according to exchanges? If DMA CFD equivalent to shares?
Thanks a lot!
I am thinking if I instead use CFDs to take leveraged position although the spread may be a little bit more favorable than stock futures, the commission would end up putting me into a even worse position.
Is there anyone here who have similar experience?
By the way, just a simple question: does cfd brokers quote according to exchanges? If DMA CFD equivalent to shares?
Thanks a lot!
