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Hi guys
I have always traded futures on the MES because I don't have a large account and I trade futures funding accounts.
In the case of the MES with respect to the ES the chart is usually the same but sometimes has small variations such as a SB does not trigger in the ES but does in the MES or at times of volatility and news the bars may be different.
My question is if in the case of traders who trade CFD the market price is equal to the ES to the tick or it also has differences with respect to some bars or SBs, EBs etc. I would like to try CFD to have a better control of my risk and my positions but I am afraid to do it if the price differs from the one in the ES since all my trades are based on placing the orders just at the close, high or low of the bars or at the exact MM.
Thank you a lot and have a nice day!
Hi Alejandro, I've always used cfds and I'm fine with it. I think the competition for cfd brokers is pretty high so they try to offer products that copy very well the "official" products, to attract more people. I use brokers that allow Ctrader as platform and the difference is minimal. You can have occasionally signal bars that triggered , while on the futures they didn't but again, difference it not drastic. If your premise is right you'll be profitable on both after the same clusters of trades.
Here's a screenshot of today's PA (right one is emini from TV)
(I can see 25 is different)
If you jump on TV you can compare the popular brokers with the emini without having an account with them.
On the downside, you have to deal with the 24h market view ( all the one I use don't have the option to switch between rth and eth)
Also the concept of tick like is intended for BPA can't be applied since cfds minimal increment is 0,01 so you have to find your sweet spot for that. (e.g A 1 tick move on the emini it will be similar on cfd but not exactly 0.25)
One more thing since you mentioned it, there are CFDs prop firms.
Hope this helps
Hi Fred,
As you show it seems like theres a little bit of difference between CFD and Emini (B25, 67, 74 ) but its almost minimal, so it is kinda the same difference that MES can have with ES.
I didn't know that in CFD you can't trade using a RTH chart and be forced to use the ETH chart, nor did I know the tick difference between the futures market and the CFD.
Thank you very much for your reply Fred, it was very helpful.
