I would like to know from those of you who have more experience from trading both types of instruments: besides expiry date, gearing rate and extent of coverage, what are advantages of CFDs. Are there any cost benefits? Why traders select one before the other?
Thanks guys for your advice re CFDs. Re MTX: imagine 142 percent up since beginning of April, what more to say? But it moves in unpredictable manner, this current blow off is the replica of one in June, compare the charts...I managed to catch the both moves and made 10 pc profits, but my exit was too late and too early - stupidly did not put in any trailing stops on way up! To use CFDs on this share would be too scary for good night sleep i think. BTW a big jump on *****e coal today (HWA) - 24 percent today!!! if coal is a fuel for future check it out and get into it guys (joking).