CFD Trading in the UK

| | 0 Comments| 4:43 am
Categories:
Spread the love

cfd trading uk

Cfd trading uk has grown in popularity over the last few years as a convenient way to speculate and hedge using leverage. However, like all forms of trading, it carries significant risks and is not suitable for everyone. Retail traders can make money with CFDs, as shown by the 26% profitability figure above – provided they approach their trades in a disciplined manner and never put real money at risk until they’ve practised on a demo account for a while first.

The main difference between CFD trading and traditional investing is that you don’t buy or sell the underlying asset itself, but instead agree with your broker to exchange the difference between the price of an asset when you open a position, and the price when you close it. This is why UK investors don’t need to pay stamp duty on their CFD profits – though tax laws are subject to change and vary depending on individual circumstances.

Maximizing Opportunities: Exploring CFD Platforms

Saxo, one of the world’s largest European brokers, offers a great collection of global assets to trade. Its in-house developed SaxoTraderGO platform is accessible via desktop, tablet or mobile and features a host of technical indicators, integrated trade signals and advanced risk management tools. The broker also provides fast-loading quotes and charts with drawing tools, and the ability to add multiple charts to your workspace to compare data and identify trends.

XTB is another FCA-regulated broker that offers a wide selection of global assets to trade, including over 3,000 real shares and 2,300 CFD products. Its 23 hard and soft commodities trail only offerings are respectable, too, and the broker is one of the few to offer options trading for forex.

Leave a Reply

Your email address will not be published. Required fields are marked *