The opportunities on offer have meant an increasing number of novice traders making use of online trading platforms. City Index is one of the industry leaders, and is helping newcomers to the game better understand the markets in their 'Learn to Trade' section.
City Index is helping traders to learn the ropes in a number of ways.
Getting to know the ways in which the markets move can be made a lot easier by using a demo account. Traders can get to grips with trading Forex and CFDs using artificial accounts, with no real consequence.
City Index also holds regular trading seminars for account holders. The sessions are punchy, memorable and beginner focused, and the perfect personalised springboard into the world of trading. Traders are encouraged to participate with the real life examples and ask questions throughout.
Trading is an industry sadly riddled with jargon. City Index has developed a glossary for the more common terms, which includes simplistic definitions to ease newcomers into the markets.
City Index is a leading global platform provider of margined Forex and CFD trading. As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide.
Forex is a leveraged product enabling you to trade by paying a small fraction of the equity that would be needed to fund a trade. This means that you can potentially magnify your returns on an investment. Remember though that higher leverage can result in losses that exceed your initial deposit.
CFDs can be used to speculate on rising as well as falling prices, thus offering a flexible alternative to traditional trading. When trading CFDs, you simply place a trade with a CFD provider such as City Index on the instrument of your choice.
This information is intended for general circulation only. It should not be construed as an investment advice or offer or solicitation to buy or sell any financial products.
CFDs and margined Forex contracts are leveraged products and may result in losses exceeding your initial outlay.