What are CFDs?
CFDs which are more commonly known as Derivatives, allow traders to gain exposure to markets without owning the underlying asset.
What is Forex?
The foreign exchange market, also known as the Forex Market, is a global marketplace for exchange-traded currencies.
Forex trading is the simultaneous act of buying one currency while selling another.
The forex markets are open 24 hours a day, 5 days a week and trade over $7 Trillion per day.
Long & Short
By trading CFD’s you have the option to trade the financial markets whether they are falling or rising by placing Long or Short orders.
Leverage allows traders to access more than their current balance by putting down a percentage of this which is represented as Used Margin. This allows traders to trade and access markets they simply would not have otherwise been able to.
As CFDs are leveraged products you can gain or lose much larger amounts compared to your initial investment and your losses can exceed your deposits.
Understanding risk management is a core part of becoming a successful trader which is why we have created our extensive knowledge base to help you gain a better understanding of how to manage risk and take your trading to the next level.