You can use contracts for difference (CFDs) to trade thousands of financial instruments including forex, global stocks, indices, commodities, cryptocurrencies and more. Over the years, CFD trading has gained popularity as a less capital-intensive way to trade and some of the benefits to trading CFDs include the ability to potentially make money in both rising and falling markets.
As CFD trading continues to grow, tales of making large sums have increasingly been bandied about. However, like forex trading, the reality is that success is not guaranteed. Becoming a successful trader takes a lot of hard work and a sound approach to the CFD market. To increase your chances of making money in this market, it’s important to understand the risk inherent in CFD trading and to capitalise on this knowledge.