GNI Touch CFD's

[jjenkins007]

Hi Folks,
Has anyone or is anyone trading the FTSE 100 CFD with GNI touch (DMA)? I am currently in a quandery as to go with Saxo bank or GNI....
I would like as much feedback as poss on this please

I apologise if a thread has already been created about this but at present i haven't seen one!

Cheers

 

[TraderRod]

Hi Folks,
Has anyone or is anyone trading the FTSE 100 CFD with GNI touch (DMA)? I am currently in a quandery as to go with Saxo bank or GNI....
I would like as much feedback as poss on this please

I apologise if a thread has already been created about this but at present i haven't seen one!

Cheers

One of the main factors which you should look at before trading with any particular broker, as well as TIGHT SPREADS & COMMISSION CHARGES is whether they trade 24 hours a day - in index trading this is a major major plus.

I very much doubt if SAXO bank is a good CFD broker - for CFD trading the UK brokers are the ones to go for.

Regards,
TraderRod
The CFD Traders

 

[jjenkins007]

One of the main factors which you should look at before trading with any particular broker, as well as TIGHT SPREADS & COMMISSION CHARGES is whether they trade 24 hours a day - in index trading this is a major major plus.

I very much doubt if SAXO bank is a good CFD broker - for CFD trading the UK brokers are the ones to go for.

Regards,
TraderRod
The CFD Traders

Thanks for that.....more investigation required on these cfd's me thinks! I seem to read alot about DMA not actually being DMA! I really don't like the sound of brokers making there own prices and i will not go there. I will demo GNI touch for a couple of weeks and post my findings.....

 

[TraderRod]

Thanks for that.....more investigation required on these cfd's me thinks! I seem to read alot about DMA not actually being DMA! I really don't like the sound of brokers making there own prices and i will not go there. I will demo GNI touch for a couple of weeks and post my findings.....

If I were you I would not worry too much about DMA - the main thing is look for a broker which offers you good spreads and in the case of the Indices they trade 24 hours a day.

PS- there's no doubt that GNI are one of the best that there is. In terms of value for money CMC are good.

Regards,
TraderRod
The CFD Traders

 

[gedward3]

I agree that GNi are good but CMC make their own prices and are
not true DMA like GNi are.

 

[TraderRod]

I agree that GNi are good but CMC make their own prices and are
not true DMA like GNi are.

Yes, CMC is a market maker but if you study their prices, they're all based on the market prices - in fact CMC are one of the best CFD providers in the world - they don't deserve my good words about them because they stopped my account and I am very very angry with them because they're simply irreplaceable!

Regards
TraderRod
The CFD Traders

 

[jjenkins007]

Why did they stop your account......???? Were you taking from them too much! ive heard that before.

By the way TraderRod......nice informative site.

 

[TraderRod]

Why did they stop your account......???? Were you taking from them too much! ive heard that before.

By the way TraderRod......nice informative site.

Happy to hear you found my site helpful.

I am afraid I cannot mention the reason for CMC stopping my account - but I can say that CMC would not close accounts because their holders are winning too much money - in fact they regularly hold training sessions for traders!


Regrads,
TraderRod
The CFD Traders

 

[ellist]

Hi Folks,
Has anyone or is anyone trading the FTSE 100 CFD with GNI touch (DMA)? I am currently in a quandery as to go with Saxo bank or GNI....
I would like as much feedback as poss on this please

I apologise if a thread has already been created about this but at present i haven't seen one!

Cheers

Have you tried IG Markets for DMA trading of FTSE 100? Good customer service and good trading interface...