Does anyone here trade CFD's?

Hi,

New to the forum. Wanted to know if anyone has experience with CFD's? I notice that most people are here for the Forex, but I'd appreciate some feedback regarding stocks or cfds.

thanks

i sometimes play with cfd, and e-minis.
what would you like to know ?

I've been demoing an EA I found that trades the CFDs that's been doing great. Just wanted to know if anyone had experience and could share their opinions of the pros/cons.

Hello.
I am trading US vfd's from time to time, I like Citigroup CFD's because at current situation there are a lot of movements in both directions.

Hey,

I was trading Citi a little while ago, was pretty good. Also GE, MCD, WMT, XOM. And UNI in the EU CFD's. So far the best i've found are WMT and UNI. It's been doing very well for me. Making a few percent a day with the EA.

I don't have a lot of cash to trade, which is why I'm leaning towards the cfd's. Just wanted to make sure it was a good idea. So far I like it...

Hi Andrews! Do you still trade with Citi? Are they good and what are their pros/cons? Could you suggest any other broker for CFDs? I don't care too much about the platform, more about the amount of CFDs they offer and the price of transaction! If you can help me, I would be very grateful.

I trade CFDs except when I'm trading currencies, individual shares, stock market indices or commodities I trade using CFDs. CFDs are really good, you get all the benefits with owning shares using CFDs including dividends. You can't day trade shares by buying the actual shares in the UK anyway because the tax you pay when you buy makes it uneconomical to do so. With CFDs the entire cost of trading is 0.1% or less.

But a lot of posters on this site won't trade CFDs because they live in the USA where CFDs are illegal - there are no American exchanges offering Contracts For Difference in the USA so there are no legal CFDs in the USA. Spread betting is also illegal in the USA thanks to Mr. Bush and the Republican Party.