Season-trader

Broker

For trading you need a good direct broker. The broker is your vehicle to trade. If you have a bad broker, you lose money, even if you are trading properly and accurately, because your broker eventually has to fill your order on time and at a good price. There are many brokers out there with various software and price structures.

We propose:

etoro

It is the world’s leading social trading network

BANX online Broker - worldwide trading

Definitions:

Contract for Differences (CFD)

A contract for differences (CFD) is an arrangement made in financial derivatives trading where the differences in the settlement between the open and closing trade prices are cash settled. There is no delivery of physical goods or securities with CFDs.

  • A contract for differences (CFD) is a financial contract that pays the differences in the settlement price between the open and closing trades.
  • CFDs essentially allow investors to trade the direction of securities over the very short-term and are especially popular in FX and commodities products.
  • CFDs are cash-settled but use allow ample margin trading so that investors need only put up a small amount of the contract’s notional payoff.

Futures Contract

A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a future exchange. The buyer of a futures contract is taking on the obligation to buy and receive the underlying asset when the futures contract expires. The seller of the futures contract is taking on the obligation to provide and deliver the underlying asset at the expiration date.