CMCMarkets Plus+

Does anyone use this? (those trading with CMC)

I try launching it, and nothing shows on the browser.

Not much technical help on their websites either.

cheers

I just tried it and get the blank webpage also.

1) it could be offline for the long weekend
2) there is a technical issue happening

There was a time last year where thay had to re-set me, so there could be a similar issue again?

FYI, the helpline is:

"From New Zealand (toll free) 0800 888 883"

It's working ok today...

hey guys,

is cmc markets a good platform for trading??

how much are the trades? im with asb and pay 30 to buy and 30 to sell, just seeing if thers a cheaper one out ther?

I use CMC makerts and have done for a while, trades on NZ shares cost $10 to buy and $10 to sell and financing is 5.5% per annum on long trades. I've found it to be a very easy to use platform and staff on the helpline are always willing to help with any issues. Particularly useful if you are using a trend trading system that requires you to buy and sell often.

Quote:

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Originally Posted by longjohnsilver

I use CMC makerts and have done for a while, trades on NZ shares cost $10 to buy and $10 to sell and financing is 5.5% per annum on long trades. I've found it to be a very easy to use platform and staff on the helpline are always willing to help with any issues. Particularly useful if you are using a trend trading system that requires you to buy and sell often.

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Financing?

Quote:

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Originally Posted by whitey

Financing?

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Borrowing. In this case the cost of borrowing. However, although CMC offer share broking services they are primarily a provider of Contracts for Difference. Contracts for difference and the borrowings involved are a synthetic contract that emulate the process of purchasing shares using finance but you don't physically own any shares.

Borrowing to finance the purchase of shares are typically referred to as Margin

Also see Contract_for_difference