what are you trading? FX, Futures?

[RyanPopa]

Hello,
I am interested in positions which I usually keep opened for a 2 weeks - 1 mounth, maybe more time period.

How dou you invest in:
1) commodities
2) Forex

CFDs are great for intraday, but the overnight refinancing fees cost you a lot if you hold positions opened for more than a few days.
Also FX is the same with the rollover - the money you should earn on higher interest currency is much less than what you must pay because broker fees.

So how do you invest in commodities? CFDs? FUTURES?

 

[meanreversion]

Try Interactive Brokers ... one of the cheaper way to trade futures, so no overnight roll charge (and by that I am not referring to carry, which is a completely different thing).

The disadvantages you will find with futures is that a "lot" can be quite a large amount, i.e. you can't do small, exact amounts as you would with a spreadbetting company.

 

[Chartsy]

you can spreadbet commodities too, im not sure about the spread on commodities by SB firms but i think it's pretty big

 

[meanreversion]

Spread on commodities on SB is very wide, stick to a proper futures broker. Gold is 0.6 wide on IG, 0.1 wide on IB, to give you an idea.

 

[Hittfeld]

How about CFDs ON futures as offered by GFT and others? Wider spread but no financing charges.

Regards

Hittfeld