Comparing CFD providers requires a lot of research and skill. Apart from trying to search for which providers to look for, novice spread bettors.
Online PR News – 02-May-2011 – – Comparing CFD providers requires a lot of research and skill. Apart from trying to search for which providers to look for, novice spread bettors and even expert traders may not be aware of what factors need to be give importance to and taken into account to get an accurate comparison of the brokers. The company Contracts for Difference Ltd. has filled this void of information by creating a section that is exclusively dedicated to the comprehensive and detailed comparison of the top three CFD brokers. Available at contracts-for-difference.com, this tabular and well-formatted and easy to comprehend document includes the comparison of Capital CFDs, IG Group and Global Forex trading.
These three companies have been chosen for the numerous benefits that they offer like the high and guaranteed reliability of the trading platform, the lowest rates of commission and the trading that these companies are involved in include a wide array of financial products. Their panel of qualified, trained and experienced financial experts have carried out an in-depth analysis to compare CFD brokers like analyzing the commissions and margins, the establishment date of the parent company, regulation of products, tradable markets, platform type, margin requirement, commission rate, financing cost, charting tools, supplementary tools, inactivity fees, supported base currencies, client service support, stop loss orders, GSO orders, limited risk accounts, discount of volume trades, etc. A few important things that have also been highlighted in this comparison chart are the interest rates, the minimum deposit requirements, the brokerage rates as well as the dealing platforms. Each broker has their own pros and cons.
Some of the key things that people need to look out for when they sign up for a spread betting account is whether they have the option of having multiple accounts (the users of the account are required to maintain funds in all the accounts that they open and operate). This feature must be used depending on the frequency of trading, the financial markets that the spread bettors and traders would like to dabble in, the size of the trading account and the type of trading platform that is used (either DMA or Market Maker).