Not exact matches
Derivatives
trading platform
provider Plus500 posted a 284 % increase in revenues in the first quarter of this year compared to the previous year, largely due to high levels of interest in its cryptocurrency
CFDs offerings.
The technology
provider is expanding its portfolio of instruments by deploying a
CFDs trading product.
You should never feel obliged to sign up to
trade CFDs, no matter how much time and effort the CFD
provider has put into explaining their product and
trading platform to you.
In addition to the CFD
provider,
trading CFDs also exposes you to the
provider's other counterparties, including other clients and other companies the CFD
provider deals with.
All CFD
providers charge you to
trade CFDs on their
trading platform.
In a market maker business model, the CFD
provider comes up with their own price for the underlying asset on which the
CFDs are
traded.
How you
trade CFDs depends on the CFD
provider.
You must open an account with a CFD
provider if you want to
trade CFDs.
Several CFD
providers offer both market maker and direct market access
CFDs, so you need to pay careful attention to what type of
CFDs you are buying or selling for any
trade.
The PDS from the CFD
provider contains important information that you must read and understand before deciding to
trade CFDs, either over-the-counter or through an exchange.
Some CFD
providers may focus only on the benefits of
trading CFDs, and may even claim that
trading CFDs is easier and more rewarding than
trading shares.
The term «OTC» refers to the fact that each
provider has their own CFD terms and conditions, and that the
CFDs are
traded directly between clients and the CFD
provider, rather than on an exchange such as the ASX.
While these CFD
providers tend to offer a wider range of
CFDs than other
providers, re-quoting of prices by
providers can affect the profitability of your
trades.
In all cases, the CFD
provider determines the underlying assets on which
CFDs may be
traded.
These CFD
providers automatically place each client order into market for the underlying asset, so people who
trade CFDs are price makers.