Why is the Webiress Trading Platform So Popular Amongst DMA CFD Traders
The webiress trading platform has been available since 2000 however it was not always a DMA CFD platform, it was only in late 2003 that the platform was modified to suit CFD trading. Early adopters of the platform led its development and in doing so solid a new trend of investor, the DMA CFD investor.
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. crypto bot trading Only recently the DMA CFD offering on the webiress trading platform has expanded beyond DMA CFDs on Foreign stocks to include CFDs on stocks listed in the usa and on a number of Western european exchange as well as forex and indices.
As the webiress trading platform is web-based it can be accessed from any computer with internet access, this means it can be used from behind a firewall in an office or form an internet coffee shop. The superior mobility of the platform has made it extremely popular amongst casual as well as professional traders.
It is not only the mobility of the platform and choice of products offered that makes webiress popular amongst DMA CFD traders but it is also its speed, functionality and simplicity. The webiress trading platform is one of the fastest DMA CFD trading platforms available, orders are executed in under one tenth of a second, significantly faster than the majority of platforms. The platforms speed combined with its vast range of order types including trailing stop-loss orders and it all depends orders make it the perfect platform for active traders.
The webiress trading platform also has a few wonderful features including the market map and the ability the see the complete market depth and length of sales for share CFDs, most platforms restrict market depth to five levels and length of sales to the last one hundred trades. The market map is very useful as it gives a visual representation of the stocks that are moving within a particular sector and the market capitalisation of the stock relative to the sector. Traders often use the market map to identifying undervalued stocks within a sector.
As the CFDs traded in on the webiress platform are DMA all of your order orders are fed right to the exchange order book of the stock over how the CFD is situated. Being able to participate in the market of the underlying instrument means that you can be a price maker and trade in the opening and closing stages of the market which are an stages of the market where most volume occurs, this means more trading opportunities.
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