sharetrader
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  1. #1
    Member
    Join Date
    Aug 2003
    Location
    Auckland, , New Zealand.
    Posts
    202

    Default 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

  2. #2
    Senior Member
    Join Date
    May 2000
    Location
    New Zealand.
    Posts
    1,221

    Default

    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"
    Death will be reality, Life is just an illusion.

  3. #3
    Senior Member
    Join Date
    May 2000
    Location
    New Zealand.
    Posts
    1,221

    Default

    It's working ok today...
    Death will be reality, Life is just an illusion.

  4. #4
    Member
    Join Date
    Apr 2011
    Posts
    60

    Default

    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?

  5. #5
    Junior Member
    Join Date
    May 2011
    Posts
    3

    Default

    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.

  6. #6
    Junior Member
    Join Date
    Dec 2011
    Posts
    10

    Default

    Quote Originally Posted by longjohnsilver View Post
    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.


    Financing?

  7. #7
    Senior Member Halebop's Avatar
    Join Date
    Jun 2003
    Location
    New Zealand
    Posts
    1,172

    Default

    Quote Originally Posted by whitey View Post
    Financing?
    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

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