Hello, non-American C2 Users:
We have great news. C2 now supports AutoTrading of CFDs (Contracts For Difference). This means that if you are not an American, and if you have a CFD-enabled account at FXCM, you can AutoTrade futures systems using your FXCM account.
If you are an American, then you are not allowed to trade CFDs. However, you are allowed to call sparkling wine “champagne” without risking a fine or imprisonment. So it’s a bit of a trade-off.
Limitations. Currently, we only support CFDs at FXCM (non-USA accounts, of course). The futures contracts that FXCM supports is limited. You can see the list here: http://www.fxcm.co.uk/products/cfds/symbol-guide
How it works. Just set up AutoTrading the way you usually do. But now you can select C2 systems which trade futures, too.
We hope to expand the program to other non-USA brokers in the future.
If you have any questions, send an email to help@collective2.com or post a message here in the forums.
Matthew
Hi Matthew,
I am a non-american user. Can I trade CFDs using a Collective2 system with Interactive Brokers?
Do you plan to onboard further CFD brokers for system trading with C2?
best regards
Arndt Musche
Matthew,
The best broker by far for CFd’s is Saxo please see if you can get them on board.
