CFD Trading
BROKER | Details | U.S.-friendly? | Info | RATING |
---|---|---|---|---|
Binary Mate Review TRADE! | Min. deposit: $250 Min. invest.: $1 Return: 92% Trading: CFD, Forex, Binary Autotrade: GO! | No | TRADE! | |
iTrader Review TRADE! | Min. deposit: $250 Min. invest.: $1 Return: 90% Trading: CFD, Forex, | No | TRADE! | |
Finrally Review TRADE! | Min. deposit: $250 Min. invest.: $10 Return: 91% Trading: CFD, Binary Autotrade: GO! | No | TRADE! | |
24Option Review TRADE! | Min. deposit: $250 Min. invest.: $24 Return: 88% Trading: CFD, Forex, Autotrade: GO! | No | TRADE! | |
Fortrade Review TRADE! | Min. deposit: $120 Min. invest.: $100 Return: 85% Trading: CFD, Forex, | No | TRADE! | |
CFD’s are Contracts For Difference and it has become a by which any trader can access the markets around the world in order to generate good returns and gain from several other benefits.
There are several key attributes to CFD Trading:
-
Gaining Leverage – The principle behind this type of trading allows you to purchase trades which require significant levels of investment; without actually needing to have the funds available. For example, if you were convinced a share price was about to rise, and you want a contract worth $100,000, the leverage provided by CFD trading would enable you to do so with an initial investment of just $10,000
-
Impressive Flexibility – CFD’s can be used in short or long term trades. Instead of just trading on a price rise you can choose to predict a price fall in the long or short term and still earn a good rate of return. An additional advantage of being able to trade in whichever direction you choose will also allow you to hedge your trades. Hedging with CFD’s will enable you to place a trade emphasizing an increase in price either at the same time or just moments after you place a decreasing price trade. In the best scenario you win both trades and generate an excellent rate of return. In the worse case you win one trade which covers the cost of the other and allows for a small profit. This is not something you can do when undertaking normal share trading on the stock markets.
It is also interesting to note that trading in CFD’s will allow you to be exempt from stamp duty. Normally purchasing shares will mean you need to pay a stamp duty charge equivalent to .5% of the value of all the shares you have purchased. This is rounded up to the nearest $5 and must be considered before you commit to any trade. It can make a difference to whether a trade is viable or not. However, with CFD trading you can justify a trade as access to a business and you will not need to pay the stamp duty. This is definitely worth noting as it adds to your profit!
Conclusion on CFD Trading
There is no doubt that this type of trading can provide a good level of returns. The ability to leverage your assets and place much higher trades is an extremely attractive part of CFD trading as it will make a substantial difference to your rate of return. Whether you have experience investing or not, it is worth finding out more about CFD trading.