Based in the UK I have scalped Micro Dow as an introduction to Indices. However, using a CFD provider ( that promised narrow spreads) I find that as I execute a trade I am immediately down 11 points or more ( slippage?) Would I get a better experience trading Futures (Micro Dow) via a Futures broker in the USA such as Tradestation or Tradovate etc? I use a one minute time frame for scalping.
CFD Dow should be 3 off market hours 1.5-2 on market hours. If your are trading 11 wide - you are using a very bad broker
Indeed. There's probably a reason CFDs are not allowed to be traded in the US. Maybe this is one of those reasons?