What Make The Webiress Trading Platform Great For Cfds
The webiress trading platform has been available as a equity trading platform since
2000 however it was not always a DMA CFD platform, it was only in late 2003 that the platform was tailored to suit CFD trading. The first adopters of the platform led its advancement and consequently forged a brand new wave of trader, the DMA CFD trader.Prior to webiress the only DMA CFD trading platform available was complicated and clunky, the webiress trading platform set the new benchmark for DMA CFD trading amongst retail investors in Australia. Only recently the CFD offering on the webiress trading platform has extended beyond DMA CFDs on Australian shares to incorporate CFDs on shares listed in the US and on a number of European exchange along with currencies and indices.
As the webiress trading platform is web-based it is able to be accessed from any PC with web access, meaning it can be utilized from behind a firewall in an office or form an internet cafe. The superior mobility of the platform has made it extremely accepted amongst casual along with professional traders.
It's not only the mobility of the platform and assortment of products offered that makes webiress widespread amongst DMA CFD traders but it's also its speed, functionality and ease of use. The webiress trading platform is one of the fastest DMA CFD trading platforms on the market, orders are executed in less than one tenth of a second, substantially quicker than the majority of other trading platforms. The platforms speed as well as its huge array of order varieties including trailing stop-loss orders and contingent orders make it the ideal platform for active traders.
The webiress platform also has a number of great features including a market map and an option the see the entire market depth and course of sales for stock CFDs, most platforms limit market depth to 5 levels and course of sales to the last one hundred trades. The market map is particularly useful as it provides a visible illustration of the shares which are moving within a specific sector and the market capitalization of the stock comparative to the sector. Traders frequently use the market map as a tool to identify undervalued stocks within a sector.
Because the CFDs traded using the webiress platform are DMA all of your orders are transmitted directly to the exchange order book of the stock over which the CFD is based. Being able to participate in the market of the underlying financial instrument means that you can be a price maker and trade in the opening and closing phases of the market that are usually the phases of the market where a large amount of volume occurs, this means additional trading possibilities.
Before you start using the webiress trading platform make sure you get a hold of a demo which will allow you test many of the fantastic features of the webiress platform before you start trading for real.
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