More Reviews of Forex Brokers
As the space on our homepage is limited, we list the reviews of Forex brokers that are not in our spotlight here. Just click on a link below to read our full review. Just because these brokers are not listed on the homepage, it doesn’t mean that they are not reputable providers. However, experienced traders generally advise to stick to a large, well-known broker withdrawing money and contacting customer support generally works well.
CFD Broker
Trading with stocks or indices is nothing new. However, in the past years CFD brokers have evolved, bringing this form of trading to a new level. With a contract for difference you can speculate on changes in prices. This means that you can also earn money if a stock decreases in value. This is different to buying and holding shares. Here, you can only earn money if the price increases. Thus, CFD trading is an interesting new field in bearish markets. Furthermore, like Forex trading, CFDs can be traded on margin. This means that even with a small investment, huge profits can be achieved in short time. Be aware that leverage can also work against you: while it is difficult to lose 20% with a stock in a single day, with contracts for difference you can lose 100% of your investment in less than a single day. We therefore advise you to trade only with money that you can afford to lose, and to first gain some experience by using a free demo trading account.
