Your CFD and forex broker FXFlat offers you leveraged trading of forex CFDs in forex trading in addition to spot trading in the form of forex spot - and that at very favorable conditions and fast executions in the offered trading platforms such as MetaTrader 4 and 5.
Forex CFDs are derivatives issued by an issuer and have a fixed reference to a specific reference market. The price of a CFD (abbreviation for Contracts for Difference) of provider A is also determined only by him and may differ from provider B or even the reference market. Forex CFD trading is a bilateral OTC trade while spot foreign exchange trading (Forex spot) is a multilateral OTC trade. This means that you have to buy a CFD only from the respective issuer and also compulsorily sell it.
Forex CFDs are continuously tradable 24 hours from Sunday 23:00 to Friday 23:00 and are charged with financing costs, which do not exist in Forex Spot trading at FXFlat.
When trading CFDs, no physical products are bought and sold, but only speculated on the price trend of the underlying assets.
Generally, the following applies in Forex CFD trading:
- CFDs are used to speculate on the price performance of an underlying asset.
- CFD forex trading is about the difference between opening and closing position.
- Leverage is used
- CFDs can be traded on both rising and falling markets
- No margin call (exception: Professional Classic account package)
Tradable FX-CFDs pairs with FXFlat
Below you'll find a short overview of the currency pairs that FXFlat offers as FX-CFDs. More details can be found in the contract specifications here.