The existence of Contract for Differences (CFDs) best forex trading platforms continues to grow as it is available for so many different markets, such as forex currencies, stocks, commodities, and indices. Plus, CFDs enable more flexibility and low capital requirements. Although many traders are successful, there are always horror stories regarding the many losses. So, what’s the reality? CFD trading for beginners often seems like a quick path to riches, but it’s not about “easy money.” CFDs trading requires commitment, planning, discipline, and, most importantly, risk management to ensure consistency and sustained success. As one forex trader describes it: What Are CFDs? A Brief Explanation for Beginners CFDs, or Contracts for Difference, are a type of financial derivative. They make it possible for you to speculate on the price of an asset without taking ownership of it. If you think the price of an asset will increase, you can go long (buy). If you think the price ...