The X Prime is a very popular and fast-growing industry that
allows retail and institutional clients to trade various assets via online trading systems, making
profit on the differences between the open and close prices
Basically, you are trading a derivative instrument – a Contract for difference (CFD) between the open and close prices of an underlying asset. There is no delivery of the asset, only the differences between the open and close prices is debited or credited to the account. For more details, please read "Advantages of CFDs" below
At the same time, you should keep in mind that gaining knowledge of the markets and learning how to predict market movements is a very complicated process. You will need to spend a lot of time and effort in order to get enough experience and knowledge to be successful in this venture. We highly recommend that you scrutinize the "Risks of CFD trading" article below and start with a Demo account
When you start feeling comfortable trading and make constant profits, A big part of trading is psychology, it becomes a whole part of you, you will no doubt lack sufficient money management and other major skills when you start trading for real with higher sum of money.
It is worth mentioning that trading risks are very small only if a big leverage ratio is not used. All risks arise when the leverage ratio is increased; this is proportional to the potential profits but at the same time it also increases the risk of losses.
CFD is a derivative financial instrument that allows investors to speculate on asset price movements without the need for ownership of the underlying asset. It simplifies the process of trading considerably and excludes the requirements of the acquisition of the assets.
We always encourage our clients to obtain maximum information before starting trading. Please note that Forex and CFD trading involves significant risks. It is crucial to understand how the market works as well as the meaning of the specific trading terms.
Gold and silver have been attracting more and more investors recently. In this era of financial uncertainty, when market collapses are looming large, people regard paper money as less valuable than before.