LONDON, March 16, 2012
LONDON , March 16, 2012 /PRNewswire/ —
Using an online trading platform to trade CFDs makes the financial markets highly accessible for a range of traders. Allowing investors to trade the opportunity as they see it, an online trading platform allows you full access to your CFD trading account wherever you are and whenever you want.
Below, we provide a brief overview of how you can trade CFDs using an online trading platform and the key features of CFD trading itself.
Trade CFDs with an Online Trading Platform
Through the City Index CFD trading account, investors can access their professional online trading platform, offering a wealth of information and sophisticated trading tools to help maximize their trading potential.
Through real-time access to market price movements, traders have instant access to trade the markets as they happen without the need to contact their traditional stock broker first.
The online trading platform from City Index allows you to:
- Place trades securely from a browser 24-hours a day
- Access over 12,000 markets: Including indices, shares, sectors, bonds, options, etc.
- Instantly access real-time financial news and analysis feeds from Dow Jones Newswires
- Access an interactive live charting package which includes a range of technical analysis tools
- Create multiple Watchlists to monitor potential future trades
Displaying clear and relevant information via a simple and easy-to-use interface, traders can utilise the online trading platform to get to grips with the concepts of technical trading quickly and easily.
CFD Trading Overview
A Contract for Difference (CFD) is an agreement between two parties to exchange the difference between the opening and closing price of a contract.
As a derivatives product, CFD trading allows investors to trade on live market price movements on a range of financial markets, without owning the underlying instrument on which the contract is based.
Because they are leveraged products, CFDs allow investors to trade the markets through an initial deposit which is typically only a small fraction of the total value of the contract.
As a margined product, there is significant potential to magnify your return on investment. However, this feature is a double-edged sword and the the potential for losses is equally significant in that they could exceed your initial deposit. As such, you can utilize a range of CFD risk management tools to help minimize any potential losses.
Other key features of CFD trading include:
- Free from Stamp Duty*
- Leveraged Trades
- Access to Global Markets
- Ability to go Long and Short
- Immediate Dealing
- Trade on the move with mobile dealing
* CFD trading is exempt from UK stamp duty. However, UK tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.
CFD trading with City Index is a highly accessible alternative form of trading. Unlike more conventional forms of trading, you are able to trade through an online trading platform from whenever and wherever you want and utilize a range of innovative trading tools to help maximize your trading potential.
About City Index:
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.
As a group, we transact in excess of 1.5 million trades every month in over 50 countries. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, financial spread betting.
We constantly look to improve the performance of our platforms and expand our range of services. The result is our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer support. Visit http://www.cityindex.co.uk/ for details.
SOURCE City Index