CFD trading has become a popular investment tool for millions of investors online, accessible by a convenient and simple trading platform that allows you to open a position on various underlying assets.
There are numerous payment options that You can make to a CFD trading broker, which is not available to a trader who is trading in the non-regulated market. Many CFD brokers can even offer traders a discount on the commission. The bottom line is that whether you decide to trade CFDs through a regulated or non-regulated trading platform, you are making a significant investment in your trading career. The absolute difference between the regulated and non-regulated market is margin requirements. In the regulated market, CFD trading companies are regulated by the US Department of Commodity Futures Trading and the CFD Trading Regulations Act of July 27th, 2021, which outlines the minimum margin requirements CFD trading accounts. These requirements are designed to protect traders and minimise risks. CFDs are an attractive trading option for many traders because of the low commissions and trading charges. The bottom line is that you need to do your research and consider all of the differences between the two types of trading before choosing which platform to trade CFDs.
Today, this industry is mainly domestic, with European-based trading platforms dominating. These trading platforms offer flexibility and convenience for both traders and broker-dealers. However, there are differences between the regulated and non-regulated markets. One significant difference is the minimum requirement for registration with a CFD trading platform. Non-regulated trading plplatforms may offer higher commission rates to traders, though this may not always be the case. Some CFD trading brokers in the UK may have specific minimum trading account requirements that may include an account balance of a certain amount of money. It is essential to check these regulations before opening an account and trading. One thing that is consistent between the regulated and the non-regulated market is the ability of a broker to offer multiple accounts. The different versions give the trader a lot of flexibility when choosing the trading platform that best suits their needs. Apply for your free trial account and experience the benefits of trading with CFDs. Practice makes perfect, so start selling with multiple free accounts.
CFD trading has now been made easily available through Nordic’s licensed trading platform allowing traders of all levels to get started with CFD trading.
So why is the CFD option becoming so popular? It’s all down to the two main benefits that this type of trading offers which are A Beginner’s Guide to Forex Brokers: CFD Trading vs Forex Trading and why you should be cautious when considering your options: a comparison of CFD vs Forex