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Comparing CFD Exposure to Direct Futures ($ES, etc.)
I'm still debating the merits of using CFDs for index exposure versus direct futures contracts, specifically $ES for the S&P 500. While CFDs offer fractional size and sometimes easier access, the funding costs and spread differences can accumulate. What's your threshold for switching from CFDs to futures based on position size or holding period?
2 comments · 16 points
For me, it's less about the size and more about the holding period. Anything I anticipate holding for more than a few days, I'd rather take the direct futures route to avoid those overnight CFD financing charges.