CFD Broker And CFD Provider Comparison: Australia

 
cmc markets cfd broker provider
plus500 cfd broker
ava index cfd
10pips cfd
     
CMC Plus500 Ava Index 10 pips First Prudential MF Global Marketech
CFDs offered

AUS & global share, index, treasury and commodity CFDs

Global stock, index, commodity CFDs Global index, commodity CFDs Stock, commodities, and indices DMA to over 2000 ASX shares, also index CFDs. Non DMA also offered AUS & global share CFDs AUS & global share and index CFDs
# Long ASX CFDs 500+ (ASX)       2000+ (ASX) 500+ (ASX) 2000+ (ASX)
# Short ASX CFDs yes (see downloadable PDF)       yes, approx 350 yes, (see online list) yes (see online list)
Overseas share CFDs 355 (FTSE), 547 (US), other European and Asian.
        FTSE with capitalization above £50M, S&P 500, NASDAQ 100, and other  
Underlying share price   Low spread Low spread   Yes for DMA CFDs Yes Spread
Commission (%) 0.1% for ASX, less if high turnover Zero Zero Zero 0.1 % for DMA 0.1% for ASX 0.1% for ASX
Minimum commission ($) $10 for ASX, less if high turnover Zero Zero Zero $10 for DMA $10 for ASX $10 for ASX
Interest RBA +/- 2% for ASX       RBA cash rate +/- 2-3% Base rate +/- 2-3% RBA Cash Rate +/- 2%
Monthly fees $41.25 for ASX data, waived if commission in 1 month is > $50       $50 a month + GST, can be waived for high volume clients enquire nil if account is over $5000, $2 a day fee if under
Margin requirement for ASX CFDs From 1-50%       2-90% (can enquire) From 3% 5-80%
Margin requirement for other CFDs 1-5% for FTSE, 5% for US, European, 3% for commodity. 1% for index, sector, treasury From 0.5% From 1%
0.5% (1:200 leverage)     5% for indices
Guaranteed stops offered yes            
Guaranteed stops: minimum distance 5% away from CMC market for share CFDs, 1% away for indices            
Guaranteed stop: premiums 1-10 points for share CFDs, 2 points for AUSSIE200, NDAQ100, UK100 indices            
Guaranteed stop: cost to move              
Note 1 Margin rates for ASX depend on whether they are big cap, mid cap, etc Bonus for new traders   $20-30 cash bonus webIRESS platform    
Note 2   Demo accounts available Demo accounts available Unlimited free demo, and 30% bonus on first deposit      

Last Updated:

August 2009

General Notes:

Please note that the above details listed on this site are not endorsed by the CFD providers, and please note that, any of the above details may change at any time, and without notice.

For the most up to date information, please enquire with the CFD broker directly.

The information on this site is for general purposes only and is not financial advice. See your own financial advisor if you want financial advice.

Trading involves significant risk of loss.

There may be administration fees, eg for funds transfer, and minimum account balances with the providers.

Costs of trading, including spreads and commissions etc may differ depending on your turnover or frequency of trading.

Legend:

N/A = Not applicable
RBA = Reserve Bank Australia
RBOCR = Reserve Bank Overnight Cash Rate
RBAIOCR = Reserve Bank of Australia Interbank Overnight Cash Rate
LIBOR = London Inter Bank Offered Rate
LIBID = London Inter Bank Bid Rate

If you have any suggestions or comments, please email webmaster@cfdbrokers.net

See also page 2 of CFD Brokers And CFD Providers Australia

For the UK, see this page on CFD brokers in UK.

For more on dealers, see this page on choosing CFD providers.

For more on CFD trading online, see this page on the advantages of CFD trading online.

Also, check this page on the transaction costs in CFD trading.

Note:

All trading involves a high risk of financial loss, and the information on this site is for general information purposes only and is not financial advice in any form. See your own financial advice before taking any action.

All forms of trading involves risk of financial loss.

Also note that CFD trading is not legally permitted in some countries.

Note that this site may have paid advertising or commissions generated for referrals to products and services, and CFD providers made from this site.

See our disclaimer for further information.





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