Contract For Difference (CFD)

【Concept】Contract for difference refers to a contract between two parties in a trade. This contract is derived from an underlying asset, and traders do not own the said asset.

【Advantage】Compared with traditional finance markets, CFD trading has many advantages. Traders can trade anytime, anywhere they want.

Commodities
Indices
24-Hour Trading
Global Markets
Cryptocurrencies
Forex
Low Deposit
High Leverage
T+0 Settlement
How to Trade
CFD provides the opportunity to profit by going long or short.
Potential Profit by going long or short
You think gold price may rise, so you buy gold CFD. If the market price meets your expectation, you may profit from the price rising. This process is called ‘going long’.
On the contrary, you think gold price may fall, so you sell gold CFD. If the market price meets your expectation, you may profit from the price falling. This process is called ‘going short’.
How Leverage Works
By trading with leverage, you don’t have to deposit the full amount. You can trade the financial instrument by only depositing a certain amount of money as margin based on the specific leverage ratio.
Trading Cost
Spread
0
Commission
Mitrade
Overnight Funding
Risk Warning
Risk Management
You can effectively lock in profit and manage risks with the following services provided by Mitrade:
Take Profit/Stop Loss
After setting Take Profit/ Stop Loss, your positions will be closed according to your target price in normal circumstances, so as to lock in profit and limit losses. (Except situations where gaps occur, then position will be closed at the next favourable price level) .
Trailing Stop Loss
After setting the number of pips using ‘Trailing Stop Loss’, it will automatically adjust the stop-loss price without having to monitor the position, helping you to maximise locked-in profit and minimise losses. (Except situations where gaps occur, then position will be closed at the next favourable price level) .
Negative Balance Protection
Mitrade ensures that your loss will not be greater than your initial deposit, so you can trade with confidence.
Please visit our risk management page if you wish to find out more about managing risks effectively.
Trade Now