The webiress trading platform has been available as a stock trading platform ever 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. Early adopters of the platform led its advancement and in doing so forged a new wave of trader, the DMA CFD trader.
Before webiress the only DMA CFD trading platform obtainable was complicated and clunky, the webiress trading platform set a brand new standard for DMA CFD trading amongst retail traders in Australia. Only lately the DMA CFD offering on the webiress trading platform has expanded beyond DMA CFDs on Australian securities to incorporate CFDs on securities listed in the US and on many European exchange as well as forex and indices.
As the webiress trading platform is web-based it is able to be accessed from any PC with internet 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 popular amongst casual along with professional traders.
It is not only the mobility of the platform and choice of products offered that makes webiress well-liked amongst DMA CFD traders but it is also its speed, functionality and ease of use. The webiress trading platform is one of the fastest DMA CFD trading platforms available, orders are transmitted in less than one tenth of a second, much faster than the majority of other platforms. The platforms speed combined with its huge array of order types including trailing stop-loss orders and contingent orders make it a perfect platform for active traders.
The webiress trading platform has a number of great features including a market map and an option the see the complete market depth and course of sales for stock CFDs, most trading platforms limit market depth to 5 levels and course of sales to the most recent one hundred trades. The market map is especially helpful as it offers a visible representation of the stocks that are moving within a specific sector and the market capitalization of the share relative to the sector. Traders regularly utilize the market map as a tool to identify undervalued securities within a sector.
Because the CFDs traded on the webiress platform are DMA all your orders are transmitted directly to the exchange order book of the stock over which the CFD is based. Having the ability to take part in the market of the underlying financial product means that you can be a price maker and trade in the opening and closing phases of the market which are generally the phases of the market where most volume occurs, this means more trading possibilities.
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Before you commence utilizing the webiress platform you need to get a hold of a demo which will allow you test lots of the fantastic features of the webiress trading platform before you commence trading for real.
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