Reasons to switch
Key questions you should be asking your CFD provider
With so many company CFD providers out there it can be hard to find the one that suits your trading requirements. Are you currently trading with a provider that can tick all these boxes?
1. Are you charged extra for placing a trade over the phone?
When you don’t have access to the internet and wish to transact a trade via the phone, other CFD providers may charge you an additional fee. CMC Markets operates multiple dealing desks available to trade 24 hours a day. You can transact your trades over the phone at no additional cost.
2. Do you have access to customisable margin?
Some CFD providers require you to take on a fixed amount of leverage (margin) on every trade. With a CFD account on the CMC Tracker platform you have access to our customisable leverage feature, which lets you decide how to approach each and every trade by dialling up or down the margin to suit you. Every customer has a different risk level and every market opportunity has a different approach, so we now give you the control in one single account.
3. Can you trade foreign markets using AUD?
We have introduced a whole new level of control for trading company CFDs with fractional trading. You can now trade companies in foreign markets such as the US or Europe using round amounts in Australian dollars. Our CMC Tracker technology will automatically convert your AUD trade into a number of units using our live spot rates. Your profit and loss will always be reflected in AUD, giving you greater transparency as to how your position is faring.
4. Are you able to trade fractions of a share with your current CFD provider?
Fractional trading is available on all asset classes with CMC Markets and allows you to trade using nice round amounts giving you the ability to trade nearly any trade size. So you can start off small with fractional trading or trade large amounts using our new price depth ladder technology, which allows you to trade much larger trade sizes with just one trade and still enjoy the benefits of 100% automated execution and the ability to control slippage using boundaries. Note there is a minimum charge when transacting company CFDs so please refer to our commissions comparison page for further information.