cfd trading platforms
When you trade cfd trading platforms, you do not own the underlying asset – such as a share or a commodity – but rather the difference in price between its opening and closing prices. The profit or loss you make is based on your prediction of whether the instrument’s price will rise or fall, and it is possible to lose more than your initial margin deposit.
The best cfd brokers offer a wide range of instruments, competitive prices, high speed execution and a reliable platform. They also provide customer support and education. You should choose a broker that is regulated by a respected international body, such as CySEC.
Traders can use CFDs to speculate on the direction of the market and gain exposure to the world’s most liquid markets. They can open a CFD position if they think the value of an instrument will climb, or a sell (short) position if they think its price will fall. The profits and losses are calculated based on the total size of the position, so you can earn large amounts of profit, but you should always trade within your means and take steps to manage risk.
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XTB is a well-balanced international broker that offers competitive spreads, an intuitive web-based trading platform and reasonable leverage and margin requirements. It offers a wide selection of currency pairs, equities and commodities, as well as cryptocurrencies and provides social trading. It also has a large user base and an excellent reputation, and its customer service is excellent.
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