Any Aussies Using CMC or Man Financial

Wondering if any aussies out there are using cmc or man financial
in australia, if so what are your experiences, looking for aussie broker.

Any input appreciated.

Regards Westie

Hi,

I've been using CMC in Oz on and off for a few years now and although the platform is a little dated overall I've quite happy to keep using them for forex trading.

They have a minimum lot size (in USD) but once you get above that you can trade any size you like. Eg min for eur/usd is 10k or 1 mini but once above that you can trade any size you like even totally oddball sizes like 10,009

Note that the minimum changes for each pair so you need to work that out. If you're trading a large lot size then you don't have to worry about that.

When trades are closed its all converted to USD so you end up having 2 balances in your account, one is AUD and one is USD. You just need to call them periodically to convert it back to the AUD section of your account.

Cheers
Rusty

I use GFT and I know the have a local office in Sydney. Might want to check them out. I have good luck with them, like there CTL language and prefer their platform for the way I trade.

Clif

Hi, ive also been using CMC for a couple of years now and im pretty happy overall with them. I have had a few problems with their market maker platform but have been able to fix them. CMC have said that they are working on improving it.

I haven't had very much slippage, and only a couple re-quotes. They dont have trailing stop losses at the moment though, which can be annoying!

All brokers have their flaws, but overall CMC are pretty good.