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Contracts for Difference

CFD's (Contracts for Difference) are becoming the latest hot product on the share scene.

This part of the site is designed to give you a basic understanding of CFD's and the tools to find out more about them.

Just like any investment, there are risks involved so be sure to learn as much as you can before taking the leap into CFD's.

Many CFD providers offer educational courses on CFD trading ranging from free introductory courses to comprehensive CFD training.

Check out the ShareChat seminars page to view any courses scheduled over the next few months.

In our CFD Resources section, you can read articles and inspiring profiles on real-life CFD traders.

You'll also find a selection of useful books written by CFD traders sharing their experiences and wisdom on the subject.

CMC Markets has also written an article about How to trade contracts for difference to make a difference in your investment portfolio.



CFDs: Where to start

If you’ve decided to give CFD trading a go, then we’ve outlined some handy steps to consider:

Finding a CFD provider
Important features to consider will be the commissions charged on entry and exit into a CFD trade, daily interest charges, margins offered and any monthly fees.

Opening an Account
Most CFD providers will send you an information pack or alternatively check out their websites as quite often you can open an account online. Some providers also have a minimum amount required to open your account.

Getting Started
Once your account has been approved, take your time to familiarse yourself with the trading platform. Most systems allow you to back-test or undertake a series of dummy trades until you are confident to move on.

Lastly, and most importantly, your provider should be able to offer you continuing education and courses on CFD trading.