Contracts for difference (CFDs) are trading instruments that allow you to trade the share price instead of a share. You can put down a deposit and benefit from a rise in a share’s price even though you didn’t own the share. Unfortunately, the same holds true when a share price falls. In this video, Simon Brown explains what CFDs are and how you can use them in your trading In the world of finance, a "portfolio" is a term to describe all the assets you own. It includes shares, cash, bonds, physical property, your retirement savings, your tax-free savings and any other financial instruments you might hold. It excludes insurance products like life insurance. Your overall portfolio can be made up of a number of portfolios held at different More. He introduces exposure and margins as a first step on the journey to understanding CFDs.
In the first of the IG Trading Boot Camps, Simon discusses how you would start becoming a trader.
Meet the Just One Lap team at these free live events
Click here to meet the Just One Lap team at one of our live, free events.