What Are CFDs
June 16, 20212:00 pm1 hour
Contracts for difference are one of the most popular online trading methods. CFDs are regulated and approved. 10,000s of people trade Contracts for Difference every day. They are a simplified method of trading the financial markets while offering leveraged trading. CFDs are a derivative product because they enable you to speculate on financial markets such as shares, forex, indices, and commodities without taking ownership of the underlying assets.
When you sell a CFD, you agree to swap the difference in an asset's price when the contract is opened until it is closed. One of the key advantages of CFD trading is that you can bet on price fluctuations in any direction, depending on the degree to which your prediction is accurate.
You can practice on a demo platform and fund your account when you are ready to earn real profits.
The price of the CFD mirrors the underlying asset without the cost of owning the actual investment. You can elect to keep your CFD trade open as long as you.
If you would like to learn more about CFD trading and how you can master online trading, this is the perfect webinar for you to attend.
John is an active trader and educator at JustLearn Academy with an MBA in Finance from New York University. He began trading in 1995 focusing mainly on commodities and options, then transformed into forex investment. His current specialization covers all aspects of cryptocurrency and digital asset trading utilizing fundamental and technical analysis, namely chart pattern analysis. Mr. Roman has conducted training seminars on all over the world from novice to innovative strategies. He provides a solid, collaborative and extremely encouraging training atmosphere to assist traders in locating and trading momentum moves, using confirmed patterns and methods.