Hi all, I’m currently on a demo account day trading Forex but I’m also looking to put money into a company for the long run. What account would be better for this? Pros & Cons of the CFD & Invest accounts?
Am I right in thinking with CFD you don’t actually own a share of the company but you can still make profit from it?
Sorry for being new, but thanks in advance for the help!
Cheers.
You should first research the difference between trading instruments.
Then seek out information as to what you have access to actually trade in your country.
Also, make sure you’re aware of minimum deposits, account fees, trading fees, funding fees and methods.
Be sure to understand the risks.
Yes that is correct , CFD it is a instrument mainly by market makers to make a trade on the price movement with a low barrier to entry