CFDs is an acronym for Contract For Difference. It’s a means by which you can trade different financial instruments (the underlying market) and hopefully benefit from the difference in price in which you open a trade versus that of the price you close a trade.
What are the benefits of CFD Trading?
Trading with CFDs can give you a range of advantages, so it’s viewed as very flexible:
- Trading on margin (leveraged position)
- The ability to go long or short
- The ability to hedge
- Flexible contract sizes
The money earned with CFD trading flows into or out of your account depending upon the success of your trading. If you would like to get started with CFDs and Trading, we have created a Top list of CFD and Forex trading networks.
Coinrule – Coinrule lets you automate your investments across platforms to protect your funds and catch the next market opportunity. They offer Automated Trading for Cryptocurrency Exchanges like Binance, Binance Futures, Coinbase Pro, Kraken and many others.
eToro – For more than a decade, eToro has been a leader in the global Fintech revolution. It is the world’s leading social trading network, with millions of registered users and an array of innovative trading and investment tools.
67% of retail investor accounts lose money when trading CFDs with this provider.