CFD trading refers to the speculation on the future movements of the market price. You can either go long or short In this guide, we will explain to you how to trade CFDs in a step-by-step manner.

Steps To Follow In CFD Trading:

When trading CFDs (contract for difference), traders purchase a specific number of contracts if they expect the price of the underlying asset to rise. Further, they sell them if they expect them to fall. However, it is not easy because CFD platforms and their functionality vary from one provider to another.

Hence, to simplify and streamline the process for you, we have outlined six basic steps that you must keep in mind when you start trading CFDs: