CFDs or Contracts for Difference are tradable instruments that allow traders to buy and sell shares and indices without physically owning them. Because of their advantages, CFDs are a very popular trading instrument.
CFD trading offers you higher leverage and greater potential returns but this also means that there is more risk involved in these trades. You need to always make sure you are not using too much leverage.
Another plus of trading CFDs is that they offer a variety of trading options, such as shares, stocks, commodities, indices, currencies and more. This helps you diversify your portfolio and increase profits. In this case, you should be careful not to open too many positions at the same time.
Unlike other financial instruments, CFD’s is not bound to any restrictions and limitations such as time and trading capital. This means that you can act on market movements and trade CFD’s whenever you want.
Additionally, trading CFD’s with uBanker requires only a small amount of initial deposit.
More on the subject of trading CFDs, you can read in our uLearn section.
Below you can find a list of tradable CFDs uBanker offers:
|INSTRUMENT||SPREADS IN VALUE|
|BANK OF AMERICA||0.03|
|MARKS & SPENSER||0.4|