I tabulated my US equity trades using CFD. I knew it is expensive, but only after i checked, i have to do something about it. After deducting all trading costs including commissions, from 3.9k gross profits, i am left with 2.5k. Cost of trading 35%. It means, if i placed 10 trades, i would have to pay at least $40 commissions 2-way, which means if i made $800 profits from 10 trades, in effect i only made $400. So i have to make more which means to take up more size . currently i am on a 20 to 30k trading account.
A few things i have to consider:
1.
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