In CFD what is Computer Generated Stop Level

(Max) CGSL –
(Maximum) Computer Generated Stop Level
This is the maximum margin from a client’s account that
our systems will use to allocate a stop loss on any newly
opened positions. In the event that a client has sufficient
funds on deposit to cover the CGSL the system will assign
a stop at 80% of the CGSL away from the opening price
of the trade. Otherwise the system will allocate a stop at
80% of the funds available in your account.

What are Futures contract

Futures contract
A futures contract is an agreement to conduct a
transaction at some specified time in the future where
the price is agreed now. For a CFD it means that the
expiry date is at some point in the future. Future
contracts on CFDs are cash settled so you will never
be required to actually deliver, or take delivery of, the
physical product.

What are Commodity Markets

Commodity markets
These are markets where raw or primary products
are exchanged (like gold and oil). These commodities
are traded on regulated exchanges, in which they are
bought and sold in standardised contract sizes

What are equities in CFD

Equities (shares, stocks)
Equities represent a share of ownership in a company.
Equities are traded via the share market, a public
market for the trading of company shares and
derivatives at an agreed price. A CFD on shares does
not give you all the ownership rights of the equivalent
number of shares represented by the CFD nor does it
give you, at any time, the right to require or request
delivery of those shares from LCG. You have no voting
rights over the shares represented by a CFD.

what is Commissions

The charge that CFD brokers apply to each trade.
We charge commission as a percentage of a trade.
Our rates are very competitive eg 0.05% on the top
200 Australian stocks, with the minimum charge of $5

what is Dividend

The part of a company’s profits distributed to
shareholders, usually on a regular basis. If you have
an open ‘Buy’ trade in a Rolling Daily CFD on an
equity that goes ex-Dividend you will be credited
with 80pc of the relevant dividend if you have an
open ‘Sell’ trade you will be debited 100pc of the
relevant dividend.

what are Bonds

The bond market is where participants buy and sell debt
securities. UK Gilts, German Bunds and US Treasuries are
all Bonds. Capital CFD quotes CFDs derived from the
underlying Futures markets of the relevant contracts

what is Stop loss Order

Stop loss Order

A pre-determined order to close an open position in
a contract at a given price should that contract reach
the price designated at some point in the future. An
open ‘Sell’ trade would have a ‘Buy’ stop above the
current quoted price and a ‘Buy’ trade would have a
Sell stop below the current quoted price. Stop losses are
mandatory and are generated by the trading system
but they can be amended by you (subject to availability
of sufficient ‘Trading Resources’ on your account). Stop
loss orders are not guaranteed. If a market ‘gaps’ your
stop loss may not be filled at the level you requested. In
this event we always endeavour to close your trade at
the best price reasonably achieva

IG markets vs CMC Markets review

For years i have IG Market CFD account always liked it as i found no other alternative, eventually decided to try CMC cfd account but was awed by its low standard of service. IG doesn't pay me any thing to write this review.

I personally didn't like CMC markets Market Maker platform but some may really like it, it could also be i got used to IG interface.

Other thing i found was with IG you have enough help and webinars on there site to learn more.

There is always a demo account in both IG and CMC to try it for free.

difference between CFD providers

BuzzNet Tags:
CFD Providers and Brokers Comparison – Australia
Below are the features of various CFD providers and there comparison
IG Markets

- Australian and International Shares - Indices - FX - Spot metals, energies and rates and bonds
- Direct market price
- 0.1% on buy and sell with a minimum of $1
- Browser based - news, charting and research available
- 5%: S&P20 - 10%: Other
- +/- 3% of relevant interbank or central bank cash rate
- Available at one time charge from 0.3%
- Professional dealer platform available. - Day traders special offer.
E-Trade CFD

- Australian Share top 500
- Direct market price
- "Standard" rates: Greater of A$17.50 or 0.175% of contract value executed in the month
- Browser based - news, charting and research available - Costs vary from 0-$79.90/month depending on trade volume
- From 5% for top 20 stocks
- +/- 3% of base rate which tracks RBA's interbank overnight cash rate
- To be clarified
- Professional brokerage rates
Macquarie CFDs

- 500+ ASX listed securities
- Direct market price
- Minimum of $10 then from 0.06% to 0.16%(of Contract value)depending on turnover.
- stand alone - web browser
- with GSL - from 1% - without GSL - from 5%
- +/- 2.5% RBA overnight cash rate
- standard stop loss - free. GSL - price quoted at time of order, from 0.20%
- Bank account security for your funds
Man Financial CFDs

- Australian Share top 500
- Direct market price
- Greater of $12.50 or 0.125% on buy and sell up to $10,000 face value,0.125% on value over $10,000
- Browser based - news, charting and research available - Volume based charging structure
- From 5%
- +/- 3% of base rate which tracks RBA's interbank overnight cash rate
To be comfirmed
- Frequent Traders Club
Marketech CFDs

- All ASX stocks - 11 Stock Indexes - 22 International Exchanges, 120 Currency Pairs
- Direct market price
- 0.1% over $10,000, flat $10 under $10,000
- Stand alone software - News headlines and charting available
- From 5%
- +/- 2% on RBA OCR
- Stop Loss and Stop entry orders
- Frequent trader discounts, interest paid on account funds above $10 000


ASX 500, global shares and indices, commodities, bonds, interest rates, FX
Market Maker
Shares: 0.10%, $10 minimum
Free standalone, web and mobile platforms. Free advanced charting. Commentary and analysis services.
From 5%
+/- 3% of LIBOR
Free stop loss, stop entry, trailing stops. GSL on some markets for add'l charge.
Free Dow Jones News (minimums apply). CFDs and spot FX from one platform. Auto risk-notifications. Price alarms.
First Prudential
Direct Market Access CFDs, ASX CFDs, Shares, FX, Futures and Options
Direct Market Price
Our standard commission rate for DMA CFDs ranged from 0.08% - 0.10%. Our standard commission for Shares and Warrants is 0.10%. (Minimums apply – DMA CFDs $10, Shares $15+gst and Warrants $15+gst). First Prudential Markets reward active traders with volume discounts.
We offer access to the most competitive DMA CFD margin rates from just 3%.
Long CFDs: Reserve Bank cash rate plus 2% - 4% Short CFDs: Reserve Bank cash rate minus 2% - 3%
No charge.
Largest range of Australian Share CFDs - over 2,000. Superior platform webIRESS enables you to trade Shares and DMA CFDs from one platform. FREE CFD Education & Trading Tools, including access to free Daily Market Commentary.

City Index Australia
Global Indices, FX, commodities, Australian & International Shares, treasuries, Interest rates, ETFs, options
Straight through pricing model
$10 or 0.1% on share CFDs, no commissions on all other instruments.
Web based, iPhone app, news & charting available no cost
From 0.5% (can be reduced further with orders aware)
+ / - 2% RBA overnight cash rate
All order types free other than, GSLO from 0.7%
Easy to use platform, trading insights, transparent pricing

IC Markets
Australian & International Shares, CFDS, Futures and Forex. CFD\\\'s on any instrument in the world including commodities and Indices.
Direct Market Price
0.8% min $10
stand alone software + web and mobile platforms. Research and trade ideas from world\\\'s biggest banks.
From 3%
- +/- 1.5% of relevant interbank or central bank cash rate
All order types available. stop loss, stop entry, stop if bid/ask, limit, etc.
Professional platform and rates available.

Capital CFDs Australia
Australian and International Shares, Indices, FX, Commodities, Interest Rates and Bonds.
Market Maker only.
We offer 0.05% commission on Australian share CFDs with a minimum charge of $5. With all the other CFDs, our costs are built into the spreads.
Browser based. Free charting package. A range of trading tools available including: a daily market comment, technical analysis, economic calendar, market data, planning tools and a market squawk.
From 3%.
Long positions: RFR* + 2% Short positions: RFR – 2% * RFR = Relevant Funding Rate
Automatic stop losses apply on every open position. These stop losses are not guaranteed.
Easy to use platform, tight spreads and low margin requirements, huge range of markets available to trade on, FREE demo account, a range of free educational tools.


CFDs ASX 300, UK Shares, Singapore Shares, Global Indices, Commodities, Interest Rates and FX
Direct Market Price & OTC
$10 minimum then 0.10%
MarketsPlus Pro Free Desktop. Free advanced charting and pattern recognition. Commentary and analysis services.
From 5%
+/- 3% of LIBOR
Free stop loss, stop entry, trailing stops.
Free Reueters News. CFDs and spot FX from one platform. Auto risk-notifications. Price Alerts. Experienced Sales Traders. BankWest Cash Account to mitigate counterparty risks. Low Leverage CFD series.