CFD Trading Tools for Beginners Entering the Financial Markets

SINGAPORE, April 5, 2012 /PRNewswire/ --

As a trader who is new to trading CFDs, education tools and resources are an excellent way to help you to fulfill your trading potential.

Combining free tools such as a financial glossary and additional resources such as seminars and demo trading accounts, you can help familiarise yourself with both CFD markets and the trading platform itself.

Below, we give an overview of CFD trading, and also look closely at the free education tools and resources available through the City Index Asia CFD trading account.

An Overview of CFD Trading

Through City Index Asia, you can trade CFDs via their range of professional trading platforms.

As a rapidly growing market, Contracts for Difference - also known as CFDs - have been attracting an increasing number of retail traders from around the world.

A CFD is an agreement between two parties to exchange the difference between the opening and closing prices of a contract and is used by traders to trade and speculate on the price movements of thousands of financial markets.

Through CFD trading, traders have the potential to profit from a market's movement regardless of whether it is rising or falling.

By going long on a CFD market, a trader can profit from prices as they rise. Alternatively they can go short and profit from prices as they fall. Similarly, if you go long and prices fall, or go short and prices rise, you could incur a loss.

Trade CFDs with City Index Asia

Through City Index Asia, traders can enjoy access to over 9,000 financial instruments globally, including prices on equities in Asian, US, European and UK markets.

In addition, you can trade on the price movements of global indices and major or minor currency pairs.

City Index Asia account holders can access the latest financial news, customisable charts and market profile information, available at no cost through their professional trading platform.

Key features of the City Index Asia CFD trading account include:

1. Profit when markets fall as well as rise

2. Leverage your investment potential and reduce your capital outlay

3. Access to 9,000 global markets

4. Hedge your share portfolio with CFDs

Free Education & Trading Tools

Through City Index Asia, you can access the following trading education tools for free:

• Seminars: Designed to provide you with the support and education needed to become a confident CFD trader. 
• Demo CFD Trading Account: Practice trading without risking any of your own money with a virtual cash balance
• Special Reduced Commission Rates on all USD Share CFDs: Trade low CFD sizes at lower dealing costs, allowing you to build up your trade sizes at your own pace without high commission costs.
• Glossary: Help you to better understand basic CFD trading terms so you can gain confidence before you start trading with us.
• Client Management team: Dedicated Client Management team that are on hand to help increase your understanding of the products and the financial markets.
  

Summary

Trading CFDs with City Index Asia offers traders the potential to not only develop as new traders, but take advantage of a wealth of trading education tools and resources at no cost.

Through seminars, demo trading account and even a special reduced commission rate on all USD share CFDs - now could be the time to start trading CFDs with City Index Asia.

Always consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully.

The possibility exists that you could lose some or all of your investments, including your initial deposits.

About City Index:

Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

IFX is a trading name of City Index Asia Pte Limited. City Index is a leading global provider of margined foreign exchange, CFD trading and in the UK, spread betting. As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. To learn more visit: http://www.ifx.com/sg/