The popular contract for difference trading has raise a lot of silent questions in the minds of many who may have interest on the business but does not know how to go about it. They ask many question such as:
Invention. ?As history may have it CFDs trading were originally started in the early 1990s in London as a type of equity swap that was traded on margin. The invention of the CFD is widely credited to Brian Keelan and Jon Wood, both of UBS Warburg, on their Trafalgar House deal in the early 90s.
Plartforms to start cfd trading? You can start cfd trading on platforms like fxtm, izito, city index etc
How does it work😕 CFDs are also known as Contracts For Differences. A combination of words which in its broadest sense describes any monetry contract that is settled in cash, rather than via the delivery of the underlying securities or instruments, that the contract is over.
Meaning😕 A contract for difference (CFD) is a popular form of derivative trading. CFD trading enables you to speculate on the rising or falling prices of fast-moving global financial markets, such as forex, indices, commodities, shares and treasuries.
Countries cfd trading is allowed? Cfd trading is allowed in many European and Asian countries like Mexico, u k , Germany and many more, but higly prohibited in united states of America . As it stand now there is no cfd broker in us you can only find some in Mexico that has boundary with us.