Is CFD trading really popular and where?
What makes CFDs so special and why in some countries they are so popular? Let's have a look at the countries where Contracts For Difference are popular.
It's no surprise that in these countries broker competition is fierce.
United Kingdom: it is no surprise that CFDs are very popular in the UK. British have a rich history of investing money in shares and other financial instruments and CFDs offer an easy way to trade a wide range of products. independentinvestor.com/cfd/brokers/uk/
Australia: it's hard to say why CFDs are so popular there, maybe it's because of the close ties to the UK but it is a fact that CFDs are popular in Australia.
It is no surprise that it's home to some of the best and most trusted CFD brokers in the world. independentinvestor.com/cfd/brokers/au…
Germany: Germany is the biggest economy is Europe and home to some of the best known brands and companies in the world so it's no surprise that some Germans choose CFDs to invest in stocks. independentinvestor.com/cfd/brokers/ge…
Overall, CFD trading is still on the rise and will only grow as more and more people starting to understand the simplicity of CFDs and all the advantages they have on offer.
When it comes to finding a spread betting broker, we all want to have a reliable one so we could concentrate on our trading rather than dealing with the problems.
The thread covers the aspects of finding a good and reliable spread betting company. #trading independentinvestor.com/spread-betting…
Research
You only want to deal with a good broker so it would be a good idea to check forums and review sites to see what other spread bettors have to say about companies you are considering. It will take just a few minutes of your time but will pay off in the long run.
Spreads
Broker market is very competitive and spread traders surely benefit from this as spread betting providers had to cut their spreads to almost 0. If you're a long term trader you also have to pay overnight financing on top of spreads.
When it comes to choosing a CFD brokers, it's important to compare brokers to see what platforms and features they offer and how competitive their spreads are.
Here are some of the most competitive CFD providers by country
How to choose the best spread betting account?
With so many financial spread betting brokers around, it might be hard to find the right spread betting company.
So what do you have to check when looking for a spread betting broker? independentinvestor.com/spread-betting… #broker#spreadbetting
1. Regulations
When it comes to financial spread betting providers it's important that your broker is authorised and regulated by the FCA (Financial Conduct Authority).
Don't ever trade with unregulated entities.
2. Reputation
If you really want to have a reliable brokers it's worth checking online reviews and see what other spread bet traders have to say; check review sites and forums. Do your homework.
What about the benefits of spread betting? Are there any? 1. Tax free 2. Leverage (margin) 3. A wide range of markets 4. Easy to understand and learn independentinvestor.com/spread-betting…
What about disadvantages? There are some 1. Can't offset losses against other gains 2. Leverage 3. Extra risk 4. Derivative product