Contracts for difference (CFDs) service, offers clients diversification, convenience and new opportunities
TORONTO, April 29, 2013 /CNW/ - CFDs (contracts for difference), one of the world's fastest growing trading instruments, are now available at Questrade.
Edward Kholodenko, President and CEO of Questrade says: "CFDs present our clients with an opportunity to trade in a wide variety of markets and instruments including indices, metals, energy and agriculture. This enables traders to diversify their trading portfolio."
A contract for difference is a financial derivative that allows traders to take advantage of price movements, both up (long) and down (short), on underlying products.
Kholodenko explains: "part of the attraction of CFDs is the speed at which the markets can move. Therefore Questrade provides CFD traders - with a completely integrated end-to-end mobile trading experience, full account monitoring and risk management, one click dealing and alerts sent as push notifications. These are the tools traders demand and we deliver."
Questrade Inc. is a member firm of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund. Forex and/or CFD trading may not be allowed in every jurisdiction in Canada.
Questrade CFDs are leveraged contracts traded using a small deposit that represents a percentage of the contract's total value. While this can magnify your profits, it may also amplify your losses — potentially outweighing your initial investment. So while the rewards can be substantial, it's important that you fully understand the risk involved in trading CFDs. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, you are responsible to repay the loan and pay interest (as required by its terms), even if the value of the purchased securities declines.
About Questrade:
Questrade Inc., headquartered in Toronto, provides Canadians with high-speed, direct access trading in the U.S. and Canadian stock and options markets through its IQ trading platforms, as well as forex and CFD trading. Since 1999, the company has led the industry in delivering outstanding service, exclusive products and services, and competitive pricing. This commitment to innovation has appealed to independent investors, and for the past two years, the company has ranked as Canada's fastest growing online brokerage. For two years, Questrade also earned the designation as one of Canada's Best Managed Companies.
SOURCE: Questrade Inc.
Lynn Suderman
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