Be very very carefull...avoid cfd…
Be very very carefull...avoid cfd trading all together
The company seems legit...
My message is not so much about the company... its warning to people about trading cfd's...its very risky and you can loose alot of money very quickly...the brokers are excellant and pressurise you to keep putting in more and more money....thinking they are experts you follow their trading advice...which can...more often than not be very very wrong...it comes down to letting other people gamble with your money. There are documents that you can read...you know...the long lengthy type that no one ever looks at...it does warn that cfd trading is very risky and you can loose all your money...but things that the broker doesnt mention is things like swap fees...every day you hang onto cfds, hoping that the brokers advice will kick in...you pay mega interest on the money...also there is something called a spread...as soon as you buy or sell anything, you automatically at a loss...this is where the broker makes money....everytime you trade...no matter in which direction....they making by taking yours...so you will recieve several calls a day pressuring you to trade...iam speaking from experience...it was a very expensive lesson....stay away from cfd trading... if you realy want to trade rather do shares..
