CFD or Forex — Where Should I Start?
Forex and CFD trading might seem similar and traders can often confuse themselves in figuring out which is a better market to start trading. At the outset, traders should understand that there is no better market, as forex and CFD’s, although similar are very different when compared. As a trader CFD, the first step is to understand your risk profile and your initial capital that you would like to start trading with. For someone trading with $500, it is best to stick to the forex markets while for others who have larger capital amounts to trade with, CFD’s can also be traded. The bottom line is that both the markets (forex and CFD’s) are volatile and uncertain and there is no unique advantage or an edge that a trader gets if they opt for one market over the other.
Similarities and Differences between Forex and CFD Trading
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