Contracts for Difference (CFDs) has been gaining popularity over the years as investors and traders find it as a great alternative to traditional stock trading. With CFDs, investors can trade on a wide range of financial instruments such as stocks, indices, commodities, and Forex without actually owning the underlying asset. Among the many CFD brokers available today, IronFX is deemed as a top player in the field. In this comprehensive guide, we’ll take a closer look at ironfx cfd trading and what it has to offer.
Getting Started with Ironfx cfd trading
IronFX offers a user-friendly trading platform where beginners can quickly open an account as well as buy and sell trades with just a few clicks. Demo accounts are also available where potential traders can practice trading strategies without the risk of losing money. Once a trader has become comfortable with the trading software, they can fund their accounts with IronFX in order to begin trading CFDs.
Trading Markets Available
IronFX offers a diverse range of markets to trade CFDs on. These include various indices such as the FTSE100, S&P500, and Nikkei 225, top global stocks like Apple, Google, and Microsoft, major commodities like gold, silver, and crude oil, and the forex market with over 90 currency pairs available. IronFX also offers the option of trading cryptocurrencies like Bitcoin and Ethereum.
Trading Platforms Available
IronFX offers three trading platforms, namely the MetaTrader4, WebTrader, and Multi-Account Manager (MAM) platforms. MetaTrader4 is a popular trading platform among traders because of its reliability, fast execution, and user-friendly interface. The WebTrader platform is the IronFX platform where traders can trade directly from their browser without the need to download anything. Finally, the Multi-Account Manager (MAM) platform is suitable for traders who manage multiple accounts as it allows them to allocate trades across several accounts.
IronFX Account Types
IronFX offers six account types to traders of varying levels of trading experience; Micro, Premium, VIP, STP/ECN No Commission, STP/ECN Zero Spread, and Absolute Zero. Each account type offers varying benefits, such as lower spreads, commission-free trading, and more advanced trading tools.
IronFX Education and Customer Support
Finally, IronFX offers traders a wide range of educational resources such as webinars, video tutorials, eBooks, and market research tools to help them make informed trading decisions. IronFX also has a multilingual support team which is available 24/5 to assist their clients with any queries they may have.
In short:
In short, IronFX is a reliable CFD broker offering a range of trading instruments, platforms, account types, and educational resources to suit the needs of every trader. With over a decade of experience in the industry, IronFX is a top choice for traders seeking to trade CFDs. Whether you’re a beginner or an experienced trader, IronFX has something to offer, and you can be assured of finding the right trading conditions for your investment goals.
