The webiress trading platform has been offered as a stock 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 development and consequently forged a brand new wave of trader, the DMA CFD trader.
Before webiress the only DMA CFD trading platform available was complex and clunky, the webiress trading platform set the new standard for DMA CFD trading amongst retail investors in Australia. Only lately the DMA CFD offering on the webiress trading platform has expanded beyond DMA CFDs on Australian securities to include CFDs on securities listed in the US and on many European exchange in addition to forex and indices.
Since the webiress trading platform is web-based it is able to be utilized from any PC with internet access, this means 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 common amongst casual along with professional traders.
It is not only the mobility of the platform and assortment of financial products offered that makes webiress accepted 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 available, orders are transmitted in less than one tenth of a second, substantially faster than the majority of other platforms. The platforms speed combined with its enormous array of order varieties encompassing trailing stop-loss orders and contingent orders make it a perfect platform for active traders.
The webiress trading platform also offers a few great features including a market map and an option the see the entire market depth and course of sales for equity CFDs, most trading platforms restrict market depth to five levels and course of sales to the most recent one hundred trades. The market map is particularly helpful as it provides a visible illustration of the shares that are moving within a particular sector and the market capitalization of the share comparative to the sector. Traders regularly utilize the market map as a tool to identify undervalued stocks within a sector.
Since 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 dependent. Being able to take part in the market of the underlying financial product means you can be a price maker and trade in the opening and closing phases of the market that are generally the phases of the market where most volume occurs, meaning extra trading opportunities.
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Before you start using the webiress platform you should get a hold of a demo which will let you test many of the fantastic features of the webiress trading platform before you start trading for real.
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