Here are the positive aspects of CFDs
CFDs are accessible
Brokers require modest initial deposits, and you can open positions with limited capital.
CFDs allow you to trade globally
You do not need a brokerage account in a specific country to access stocks, indices, and commodities.
Consistency
CFD brokers allow the same strategies you would use on the underlying markets. You can employ similar risk management tools and use the same data feeds that you would utilise on the underlying markets.
Frequently Ask Question
Oil CFD prices change depending on several factors, the most
obvious being supply and demand. Events that can increase or
decrease supply and demand include:
- Refinery shutdowns, oil pipeline issues, or conflicts that limit oil extraction and export.
- A country deciding to reduce their oil output. News reports and other announcements can indicate when these decisions may occur.
- Decisions made by the Organisation of the Petroleum Exporting Countries (OPEC) can also affect oil prices.
If you trade CFD products, you can enjoy several advantages,
including:
- These products provide access to spot markets, which are typically out of reach for individual retail traders.
- Energy CFDs have low capital requirements.
- CFDs allow you to use leverage to target profits from small market moves and take larger positions with limited capital.
Crude oil is the most liquid energy market, and you will have a wealth
of information, data, and reports to inform your trading.
