Trading Starts Here...
CFD Trading & Tips
What is it about?
A CFD is a financial instrument that allows investors to speculate on the global financial markets. The underlying asset of a CFD can be a Forex currency, an index, a stock, or even a cryptocurrency asset. CFDs are able to mirror the price fluctuations of any market by allowing investors to trade in both directions.
CFD trading offers some unique advantages to world traders. However, there are also some disadvantages. For example, carry traders and scalpers cannot implement their strategies by using CFDs.
Selecting the right CFD broker is very important, as there can be significant differences between the trading conditions of different CFD brokers.
Forex Market Sessions and Time-Zones
The Foreign Exchange market is open and active 24 hours a day, 5 days per week. This unique feature allows Forex investors in all over the world to trade during their normal hours.
Two Time Zones
There are two Forex time zones (Summer and Winter):
Forex Market Sessions
Currencies trade 24 hours a day, 5 days a week. This round-the-clock trading process exists due to different time zones where markets operate in the four corners of the world.
Introduction to Forex Carry Trade
Carry Trade is an effective long-term trading strategy and a strong force driving key Forex trends.
What is Forex Carry Trade?
Forex Carry Trade means selling a low-interest-rate currency and buying the same amount of a high-interest-rate currency. The concept is to make money based on the interest-rate differential.
Popular Currencies for Carry Traders
A carry trade will go long on currencies such as the New Zeeland Dollard, the Australian dollar, or the Turkish Lira, and go short on currencies such as the Japanese yen and the Swiss Franc.
Trading Rebates for Forex Traders
CarryTrader.com offers world traders some of the best Forex Trading Rebates in the industry.
What is a Forex Rebate Plan?
A Forex Trading Rebate Plan is an incentive program operated by a Forex Broker and an IB where a percentage of the trading cost is paid back to Forex Traders. Joining a trading rebate plan means making money from your trading volumes no matter if your trades close with a profit or a loss. These plans work as promotional tools for brokers in order to attract new customers. CarryTrader.com partners with tens of Forex Brokers to offer traders some of the best rebate deals in the industry.