78% of retail investor accounts lose money when trading CFD with this provider. You should consider whether you can afford to take the high risk of losing your money.
CFD stands for Contract for Difference. It is a financial derivative product that allows traders to speculate on the price movements of various underlying assets, such as commonly used to trade stocks, commodities, currencies, and indices. CFDs offer several advantages to traders. Here are some key features:
- Leverage: CFDs allow traders to trade on margin, which means they can control a larger position with a relatively smaller amount of capital. This leverage amplifies both profits and losses.
- Speculative trading: Traders can take both long (buy) and short (sell) positions, which means they can potentially profit from both rising and falling markets.
- Wide range of markets: CFDs provide access to various markets, allowing traders to diversify their trading strategies.
It's important to note that CFD trading involves risks, including potential significant losses. Traders should carefully consider their risk tolerance and use risk management strategies, such as setting stop-loss orders, to protect their positions.
We apply strict criteria based on which we evaluate clients Financial Situation & Vulnerability, Risk Tolerance, Investment Objectives as well as Knowledge and Experience. If during the application stage, and considering the responses provided from our clients, our internal Criteria have not been met, that means that the application has been rejected.
Traders with insufficient knowledge and experience are always invited to open a Demo Account with us and watch our educational videos, before we consider whether they should be re-examined by us regarding their appropriateness, to open a CFD Account. Those that have been rejected because they do not meet our internal financial, risk tolerance or investment objectives criteria, are always welcomed to reapply with us in the future, should their circumstances have changed.