For those of you who don’t know, currencies are not the only assets FX traders allow you to trade on a regular basis. The thing is, while they cannot provide you with direct access to stocks, bonds, and commodities, or pretty much any other financial assets out there, you still can trade them indirectly through derivatives known as CFDs which stands for “contracts for difference”. On top of that, such contracts are often used to hedge trades or benefit from speculation. Simply put, CFDs can be capitalized on to generate stunning profits on the difference between buy and sell prices.
Experts say CFDs have some benefits as compared to physical commodities or stocks. One of them is that CFDs don’t oblige you to purchase or sell the very asset you trade, which lets you save tons of money by avoiding some extra spending associated with delivery, account management and other extra fees.
Moreover, CFDs help traders diversify their portfolios through trading various markets. Most FX brokers offers currency pairs along with CFDs, which means you can trade both at the same time and by using the same account.
At the same time, these days many FX brokers offer CFD-trading options to retail traders. Not all of them are equally reliable and reputable. This leads us to believe that it is important to choose from the best representatives. While doing all hat on your own can be time-consuming and tedious, you can save your time, effort and even money by making use of a new rating of FX brokers offering CFD trading. This rating is a part of the source called Masterforex-V Expo, the most unbiased and transparent collection of FX ratings on the web. What makes it unbiased? The thing is that all of the ratings are based on a certain set of quantitative criteria, which are next to impossible to manipulate. Therefore, the possibility of any abuse has been reduced to nothing. Therefore, you can fully rely on the rating when choosing an FX broker to go with.
TOP 5:
- ActivTrades
- Fort Financial Services
- FxPro
- FBS Markets Inc.
- London Capital Group
They are followed by:
- Larson&Holz
- LiteForex
- Forex4you
- PROFIT Group Inc
- FreshForex
- CarryFX
- Finotec
- iFOREX
- BMFN
- Grand Capital
- Lionstone Investment
- MAYZUS
- ForexStart
