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CFDs Made Simple: A straightforward guide to contracts for difference by Peter Temple

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4. Dealing

Even if you are experienced at dealing in shares and bonds, you really need to read this chapter if you are planning a foray into the world of CFDs.

It looks first at the specifics of placing orders in CFDs. It also looks at the costs involved – some of these may be hidden from view, so you need to take care. The next chapter covers some of the strategies you can employ. Again, you need to examine all of the cost angles before you trade. It’s not particularly time-consuming or complicated, but it may save you money.

Let’s take a look at some of the angles.

Ten questions to ask yourself about dealing

  1. Do you need a new broker to trade CFDs?
  2. Do you have to deposit a minimum amount to open an account with the broker?
  3. What ...

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