Man Financial

Man Financial Australia Limited provide trading tools and advice for CFDs (contracts for difference), global futures, equity and foreign exchange.

Man Financial is the brokerage arm of UK-based Man Group plc (London Stock Exchange code EMG), and has offices throughout the world, including Man Financial Australia Limited offices in Sydney and Brisbane.

Man CFDs

Man Financial exclusively offer direct market access (DMA) CFDs – that is, the CFD transactions are hedged on the underlying “cash market,” for example, the Australian Stock Exchange (ASX), rather than on a market maker (MM) structure. (Read more about market maker and direct market access.)

With Man’s DMA approach they do not widen the spread (the cost of entering into or exiting from an existing financial market) but provide the real market price from the underlying market (such as the ASX).

Man charges a standard commission of 0.125% of the total CFD trade value when made using their online trading system eMPOWER, or 0.35% when trading over the phone only. There is a minimum charge of $12.50 online or $35 for phone only.

Some of Man Financial’s CFD features include:

• CFDs on all the companies on the all ordinaries index listed on ASX, London and most other European exchanges, as well as the New York Stock Exchange and NASDAQ.
• The eMPOWER system is Man Financial’s state of the art, browser-based online trading platform. It features consistent direct market access to ASX ‘cash market’ prices, multiple order online order types, no price requotes, charting tools, ASX news and interaction with SEATS, the ASX order book.
• $5000 minimum to open an account
• Free ASX live prices and access to eMPOWER for 3 months
• Stop entry and stop exit orders
• 24 hour access to orders