Choosing The Best CFD Broker

The history of CFDs dates back to early 1990s. It was first developed in London by a derivative brokerage firm called Smith New Court, which was later bought by Merrill Lynch. If we compare CFDs with other financial products, like options, which appeared in 1973, ETF (Exchange-Traded Fund), which first appeared in 1989, etc. we will see that CFDs are really innovative financial products.

CFD or a Contract for Difference is an agreement between two parties (buyer and seller), who agree to exchange the difference between the opening price of the asset and its current price. In contrast to other financial instruments, CFDs allow traders and investors to make a profit from the movement of the price of stocks, futures, commodities and other financial instruments without physically owning it. Today, the number of people getting involved in CFD trading increases which in its turn leads to the appearance of many CFD trading providers.

Factors to Consider When Choosing the Best CFD Broker

Today, there is a large number of CFD brokers and choosing which one is the best, has become quite difficult. Before selecting the “right” CFD provider, each investor or trader should do a research, find a few brokers and try their services to make sure they are reliable. The right choice of a CFD broker may take time, since one needs to try the broker's services and its reliability. Here are some important factors to pay attention to when choosing a FX broker providing CFDs.

Reliability of the CFD broker
Types of CFDs offered
Trading platforms
Offered risk management tools
Commission

Choosing the Best CFD Broker: IFC Markets

IFC Markets, a leading broker in the international financial markets, provides its customers with various financial instruments - currency pairs, as well as index, stock and commodity CFDs. Traders can conduct their trading through the unique NetTradeX trading platform, developed by IFC Markets, which has a number of advantages over other trading platforms. CFD trading conditions are the best in the market, since it is possible to trade commodities and indices continuously without any expiration date. Trading stocks is possible with a leverage of 1:40 and low commissions. Those traders that prefer trading with expiration dates, may choose trading CFDs on commodity futures.

On NetTradeX trading terminal PCI technology is realized that allows traders creating their own instruments from any provided financial instruments. It is possible to create both simple, including a single asset in each part (base and quote), respectively and complex portfolios comprised of several assets. Thus, it is possible to trade separate CFDs and new instruments including several CFDs, too. This makes trading much more interesting as you can comprise instruments from various industries.

IFC Markets is a leading innovative financial company, offering private and corporate investors wide set of trading and analytical tools. The company provides its clients with Forex and CFD trading through its own-generated trading platform NetTradeX, which is available on PC, iOS, Android and Windows Mobile. The company also offers MetaTrader 4 platform available on PC, Mac OS, iOS and Android. You may compare the advantages of both platforms.