If you have been following our news closely, you have probably already noticed that Opteck binary options broker has been on the road of innovation with adding more exciting features and launching its new mobile trading platform. And if that’s the case, you have probably also noticed that they started offering CFD trading.
But what is exactly CFD trading? And why is it becoming so popular? Let’s find out!
What is CFD trading?
CFD stands for Contracts For Difference. To explain simply, it is basically an agreement to exchange the difference of the price of a particular asset from that exact time the contract was opened until the time at which it was closed. What is different about a CFD is that a trader never really owns any particular asset or even an instrument they chose. Instead, they can benefit if the market moves in their direction without really owning anything. It is so because a CFD is a derivative product that has a value mainly based on an asset.
The reason this type of trading has become so popular is because of its many benefits. Just to name a few: it is suitable for short-term trading, access to a wide range of trading markets, the possibility to benefit from the falling markets as well as the rising ones, trading opportunities 24/7.
As you can see, the opportunities are really endless!
Why trade with Opteck?
Opteck is one of our TOP recommended binary options platforms and it is so for a reason. Opteck is licensed by Cyprus Securities and Exchange Commission (CySec). It offers excellent customer support in many languages such as Arabic, Russian, Turkish and many more. It also offers fast withdrawals and is extremely easy to use. All in all, there are simply no reasons why you should try CFD trading with Opteck.
More about Opteck: Opteck Review
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