Skip to content

Learn CFD Trading (21)

Updated 16 Feb 2024

Want to learn CFD trading, but don’t know where to start? Our CFD trading guides are your fast-track ticket to trading success. Kick-start your trading career today and become a successful trader with the help of expert strategies and trading ideas that will set you up for success. In addition, you’ll also discover the secret trading tips of professional traders.

Feel confident making your first trade as you learn how to get started, create a trading plan, manage your risk and choose the right broker for you. Here at AskTraders, we’ll be with you every step of the way as you embark on your new and exciting journey into CFD trading.

Top 5 CFD Brokers:
CFD Stock Trading Guide
justin freeman
Justin Freeman
CFD Stock Trading Guide
How to Use Momentum in CFD Trading
How to Compare CFD Brokers
History & Growth of CFDs
Choosing a Market for CFD Success
CFDs vs Share Dealing
justin freeman
Justin Freeman
CFDs vs Share Dealing
CFD vs Invest
Simon Mugo
CFD vs Invest
CFD Tax
CFD Forex Trading Guide
justin freeman
Justin Freeman
CFD Forex Trading Guide
CFD Day Trading Guide
justin freeman
Justin Freeman
CFD Day Trading Guide

How Can I learn CFD trading?

CFD trading involves speculating on the price difference of various asset classes such as forex, equities, commodities, cryptocurrencies, bonds, ETFs and others. If you’d like to learn to trade CFDs, one of the ways to start is to choose the asset class and then go to the several online resources or CFD broker websites that offer free tools to learn.

One prominent site that provides both beginners and experienced traders with tons of free CFD learning tools is Asktraders.com.

What are the benefits of learning CFD trading?

There are a number of benefits from trading CFD’s, including:

  1. Accessing the underlying asset at a low cost with leverage
  2. Trade on the price movements of the asset without the need to purchase them outright
  3. Access to a massive range of global markets
  4. Understand how prices mirror the underlying asset class
  5. Hedge the underlying portfolio
  6. No expiry dates
  7. In countries like the UK, CFD trading is exempt from stamp duty

Can you make money by trading CFDs?

Yes, you can make money by learning to trade CFD’s. The primary difference between CFD’s and the other financial products concerns ownership of the underlying asset. With CFD’s, you trade the underlying asset with margin as opposed to purchasing it outright.

However, to become a successful trader, it takes a lot of time and effort, which is why only a small percentage of traders are profitable. One approach to making money in CFD’s is to recognise the risk inherent to the markets and capitalise on it.

Is CFD trading illegal?

CFD trading is legal in a majority of countries, albeit a few exceptions. In the US, CFD trading is illegal because of the restrictions imposed on OTC financial instruments by the Securities and Exchange Commission (SEC). Besides the US, CFD brokers generally do not offer services in countries like Syria, North Korea and Iran, since they are politically exposed and due to the risk of getting entangled with anti-money laundering agencies.

How difficult is it to learn to trade CFD’s?

It’s not very difficult to master CFD’s if you already have the experience of trading or investing in the other asset classes like equities and commodities, or if you’re familiar with derivatives. However, if you are a beginner, depending on the time frame you set to learn about these markets, you can choose between a financial markets trainer – a speedier option – and self-learning.