CFD Trading UK - 2021 Market Outlook -

CFD trading has increased by 33%, with 550,000 active users by 2020; meme stock cryptocurrencies, such as GME and Dogecoin, have increased interest. Skilling, eToro, and Plus500 are leading the way in the UK CFD market. 

One of the most essential and talked-about benefits of working with the best UK CFD brokers is the number of mobile apps they give. Instead of switching to a PC or laptop, their clients can work for free using only an app on their smartphone.

One of the most essential and talked-about benefits of working with the best UK CFD brokers is the number of mobile apps they give. Instead of switching to a PC or laptop, their clients can work for free using only an app on their smartphone. You can find the right cfd provider for your trading requirements in this online trading guide.

CFD Trading Australia Market Outlook 2021

 This article was published on PRNewswire Co. UK

Since 2003, Australian investors have had access to contracts for difference. This time, they've entirely reimagined what it means to be a trader or speculator in multiple markets. In fact, novices have used novices to trade, and actual traders have quickly switched from other trading instruments. Previously, most Australian investors dabbled in penny stocks. Still, CFDs have provided them direct exposure to much higher-priced shares exclusively available to longer-term investors who bought into these companies for their dividends and long-term equity potential growth. As a result, contracts for the difference have become one of the hottest financial products in the historical record in Australia, surpassing warrant growth in the 1990s.

Online CFD Trading in Australia surged like many other online services during 2020, bringing convenience and accessibility to retail traders. The number of active traders has increased by 20% yearly to 710,000, and trading volume is up to 100% in Q1 2021. The new peak is mainly driven by the quick recovery from the drop caused by COVID fears and online trading trending globally on social media because of meme stocks and cryptocurrencies.

https://www.prnewswire.co.uk/news-releases/cfd.-trading-australia-market-outlook-2021-trading-authority-816415427.html

eToro announces SPAC merger at $10.4b valuation

eToro is an Israeli social trading and multi-asset brokerage company that focuses on providing financial and copy trading services. It has registered offices in Cyprus, Mexico, the United Kingdom, the United States, and Australia. In 2018, the company's value was $800 million, which tripled to $2.5 billion in 2020. Wikipedia

eToro CEO Yoni Assia said, "We founded eToro with the vision of opening the global market for everyone to trade and invest simply and transparently. Today, eToro is the world's leading social investment network. Our users come to eToro to invest and communicate with each other, to see, follow, and automatically copy successful investors from all around the world. We created a new category of wealth management - social investing - and we are dominating the market as evidenced by our rapid expansion.".

 

FinTech V chair Betsy Cohen said, "As a pioneer in the evolution of SPACs, Fintech Masala, our sponsor platform, seeks out companies with outsized growth, effective controls, and excellent management teams. eToro meets all three of these criteria. In the last few years, eToro has solidified its position as the leading online social trading platform outside the US, outlined its plans for the US market, and diversified its income streams. It is now at an inflection point of growth, and we believe eToro is exceptionally positioned to capitalize on this opportunity.".         

 

State of Online Forex & CFD Trading Industry and its Regulations in SE Asia

Many international CFD brokers from Europe & Australia have started offering services in these regions.

The retail forex & CFD trading industry has grown exponentially over the past decade. The industry is expanding quickly in emerging markets such as Southeast Asia and Africa, with a growing demand for investment products in global markets, forex, and commodities.

https://www.financemagnates.com/thought-leadership/state-of-online-forex-cfd-trading-industry-and-its-regulations-in-se-asia/

Tips For Successful CFD Trading

 Tips for CFD Trading:

Unlocking the Potential of Contract for Difference Investments

CFD trading, or Contract for Difference trading, has become an increasingly popular investment strategy among traders and investors in the UK and worldwide. It lets you speculate on the rising or falling prices of stocks, commodities, and even forex. For those new to CFD trading or considering stepping into this arena, we've put together a comprehensive guide full of tips and insights. Let's dive in.

Understanding the Basics of CFD Trading

CFD trading revolves around contracts based on the fluctuation of underlying asset prices. Essentially, traders speculate whether an asset's price will rise or fall. If you anticipate a rise, you'll open a CFD buy contract; conversely, a CFD sell contract is opened if a price drop is expected.

Leverage has both advantages and dangers.

Leverage is a critical component of CFD trading. It allows traders to amplify the value of their trades without increasing their investment. For instance, with a 100:1 leverage, you can control €120 in stock with just €1.20 of your capital. However, it's important to remember that leverage can magnify gains and losses, so proceed cautiously.

Why CFD Broker Comparison is Crucial

Before you begin trading, one essential step is to perform a comprehensive CFD broker comparison. This is not just about trading conditions; consider the trading platform's services, customer reviews, and any additional benchmarks relevant to your strategy.

Key Factors to Consider

Trading Platform: Ensure the platform is user-friendly and aligns with your trading strategy.

Costs: Be aware of any spread and financing costs that may apply.

Mobile Trading: Check if the broker offers mobile trading for flexibility.

Demo Accounts: Many brokers offer demo accounts, usually around 14 to 30 days, perfect for practice.

Customer Service: Good customer service can make or break your trading experience, especially for inexperienced traders.

Understanding Trading Costs

In CFD trading, transparency is critical. Depending on the asset, the trader usually pays an estimated spread, varying from one to two points. Financing costs for holding positions overnight can also occur and should be factored into your trading plan.

Utilizing Resources and Tools

Brokers often offer many resources like glossaries, FAQs, and video tutorials. Some also offer webinars and personal coaching sessions. Make the most of these resources to refine your strategies and improve your trading skills.

Final Thoughts

CFD trading offers many benefits, including low initial capital requirements and the ability to profit from minimal price fluctuations. However, before diving in, you must arm yourself with the proper knowledge and tools. The best traders always have a plan and a solid strategy backed by a reliable trading platform and broker. Happy trading!

Disclaimer: CFD trading involves significant risk. Always perform your own research and consult with a financial advisor before engaging in any trading activities