When it comes to CFD or forex trading, it's important that you deal only with reputable and regulated brokers; there's no need to cut corners and hope for the best, just go with the best.
Where's what you're looking for:
#CFD #cfdbroker #forexbroker
cfdspy.com/cfd-brokers/
Where's what you're looking for:
#CFD #cfdbroker #forexbroker
cfdspy.com/cfd-brokers/
1. How are the spreads? are you satisfied? Shop around as there are so many brokers to choose from. A bit of leg work will save you time and money.
2. Happy with the range of markets? That's where you really have to dig in and investigate. If your CFD or forex broker does not provide the markets you trade then what's the point even if they have low spreads?
3. What about the Leverage? As you should be well aware contracts for difference are a leveraged product and you should exploit it; what is the leverage you get with your broker? Are you satisfied with it?
4. Overnight charges. As CFDs and forex are leveraged, you have to pay overnight charges; whether you like it or not, you have to pay overnight charges. What are your overnight charges? Make sure you don't pay over the odds.
5. Is your broker regulated? if not... stop right there and run. Always make sure your broker is regulated by highly respected authorities such as FCA. It's particularly important that your broker is authorised and regulated in your country of residence.
Risk warning: Contracts For Difference are traded on margin and you can lose more than you deposit, make sure you understand the risks.
#margin #leverage #contractsfordifference #CFD
cfdspy.com/leverage/cfd-l…
#margin #leverage #contractsfordifference #CFD
cfdspy.com/leverage/cfd-l…
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