Recently, there're many CFD providers in Singapore. What's the most important criteria when you would like to open CFD trading account?
1) Foreign Market
If you're an active investor, you must make sure that the CFD provider gives free access to USA,HK and London Stock Exchange. Please make sure the data feed fee is comfortable for you.
2)Comission and financing fee
Please make sure that those market you're actively trade, with low comission and low financing fee. Financing fee is really important when your total invested capital is above S$100k.
3)Platform
A user friendly platform and analysis tool are very important when you use CFD trading account. You need certain advanced charting to determine your entry point and some fundamental data to determine the stock valuation.
After you make sure these 3 components meet your requirement, then kinldy proceed to open CFD trading account. Learn slowly when you start trading.
My Recommendation:-
http://www.igmarkets.com.sg/ - the biggest CFD provider in the World.
Advantage - Cheap, Good Platform, and good support.
Rating: 10/10
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