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Smaller size CL trading ?
Started:November 28th, 2013 (05:58 PM) by londonkid Views / Replies:2,593 / 16
Last Reply:October 2nd, 2014 (12:48 PM) Attachments:1

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Smaller size CL trading ?

Old December 2nd, 2013, 05:59 AM   #11 (permalink)
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which is more volatile, commodities or forex???
How many dollar have you get from trade in commodities in a month??

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Old December 8th, 2013, 12:18 AM   #12 (permalink)
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Big Mike View Post
Chart CL, trade QM. Plenty of volume. Don't chart QM.

This^ +1

Worth adding that Bid/Offer in front QM is nearly always 1 tic.
Agreed this is 2.5c rather than 1c but the liquidity is nearly always there. (Probably still better than CFD's) Not the case once you get away from the front few contracts though.

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Old December 8th, 2013, 02:52 AM   #13 (permalink)
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Does the same concept applies to M6E; use 6E for chart to swing trade?

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Old December 8th, 2013, 05:10 AM   #14 (permalink)
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torroray View Post
Does the same concept applies to M6E; use 6E for chart to swing trade?


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Old December 17th, 2013, 02:27 PM   #15 (permalink)
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How much money do you need to trade futures successfully?

I used ProSpreads, London based CFD firm.

If you specify a mini-lot account you can trade from 1/tick. however you can have a euro, $ or account.

Price is derived directly from the underlying, so you will always have the same bid/ask as CL futures. There is a fixed commission of, IIRC 0.75 per trade, so the normal spread in CL would effectively be 2.5 ticks compared with 1 tick.

They were fine to use apart from one major thing - their platform is fiddly to use, and they don't have a Static DOM. I was planning on using Ninja for charting and executing in ProSpreads, however I just got annoyed after a while and stopped using it. However I'm a scalper, so it might not bother you as much.

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Old October 2nd, 2014, 07:31 AM   #16 (permalink)
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Beljevina View Post
I'm not sure why people keeping stating/saying this, when it simply isn't true: the CFDs follow their futures equivalent in price with at least a 99.8% consistency, except for a wider spread (depending on broker, up to 5c for CL, but 3c can be found) The CFDs are available on many platforms, not just MT4. They are quite centralized, and there is no such thing as stop runs or fear of broker intervention, as long as you have chosen a proper broker. I have traded them and still do for longer established swing moves (via MT4) and have no issues: there are never ever any anomalies or price differences from their CL current month contract. In fact, I would propose the CFDs are at least as well behaved and offer equal or better liquidity than QM.


I have searched a lot but couldn't find any broker offering CL with 3c spread. Could you name a few you found?


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Old October 2nd, 2014, 12:48 PM   #17 (permalink)
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martinbuch View Post

I have searched a lot but couldn't find any broker offering CL with 3c spread. Could you name a few you found?


GCI Trading is one of them. I used to have FXPro, but not sure where they are now. This is the current spread, and what is was 8am EST. I've heard it may be wider during the London session though.

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