It’s a significant achievement being praised as the best CFD trading provider by a reputable business publication like Money. IG Markets has achieved this distinction because of the fact that they fulfilled essential requirements that traders need for their CFD provider once they trade CFDs.
IG Markets has been a specialist in offering derivatives trading with particular emphasis on CFD trading covering stocks, commodities, binaries, foreign exchange and traders possess the advantage of trading in certain of the most active and popular indices globally. The company that has a lot more than 75,000 customers who are active traders is known to be one of the largest such providers of CFD trading.
A few of the key points on which IG Markets happen to be able to impress the jury were:
* A chance to provide guaranteed stop losses that work every time to enable traders to restrict their loss. * Low transaction costs as compared to other CFD providers. * The availability of the DMA or Direct Market Access platform for CFDs. * A chance to guarantee market prices irrespective of the CFD trading form they will use. * Provision for that trader to use both DMA and Market Maker models for trading. * Rebate on data fees upon completion of four trades in a month.
Contracts for difference or CFDs really are a leveraged trading instrument that’s been around because the 1990s. Through this instrument a trader can take a position – long or short on an underlying and use the volatility of the market to make quick gains without the need to invest capital that would have been required when trading an identical quantity in the physical market. Since a whole host of factors can influence market movements, the chances of making a loss just as quickly does exist and that is why traders need a CFD service provider who can offer them some fall back measures like stop losses. Traders are also looking for ways to spend less and since CFD transactions may be quite frequent, the transaction cost assumes importance. Moreover, the flexibility of a good trading platform and use of different models are other issues that are also considered when choosing a CFD provider.
IMG Markets has been able to come out with a service providing, that consistently meets each one of these requirements which is therefore not a surprise that they’re top rated on this field of CFD trading.
Learn more about CFDs Now as well as investing topics including Online CFD Trading at cfdspy.com.