The cfd trading broker.
There are a lot of different cfd brokers out there. If you want to use cfd trading to get more money online, than you have to choose the right cfd broker. Some are small others are really big, so how do you choose the right cfd broke?
Regulation: Look for an broker that is regulated and under the control of a reliable financial authority (such as the U.S. NFA or the British FSA). This ensures that your money is safe.
CFD software: Most brokers have their own software platform that allows you to trade orders online. Most of the time the software can perform analyzes of the market. Some software are very comprehensive and complex, others are simple and intuitive. Choose a broker that offers cfd software that fits to your experience and needs.
Minimum position size: At some cfd brokers you can get an contract of the size of one share, other cfd brokers force you to buy at least 100.000 shares. I recommend one where you have the freedom of just one share.
Welcome Bonus: Although it says nothing about the quality of a broker, many cfd brokers offer an attractive welcome bonus. This is profitable for you and it makes the broker at least worth a try. There is even a broker where you get $ 30 for free with no deposit of yourself.
Summary:
Follow the tips that I gave you and make sure you don’t get scammed.
Recommendation:
eToro and Markets.com are to good brokers. eToro is the easiest software for novice cfd traders, has a strong live support and maintains a large social community of traders, who can help you to develop your trading skills.
Markets.com is a very professional company with advanced software and private CFD signals service.
Both brokers are worth trying, because they offer new customers a nice bonus.
CFD Trading Tips 