Royal Bitex is a modern and safe trading platform with access to the cryptocurrency market and CFD contracts from 2016 in more than 50 countries in the world. Easy-to-use interface, fast financing options, a wide range of digital currencies and CFD contracts allow you to buy/sell, and thereby earn on the difference in rates. With the help of Royal Bitex, you have a wide field of actions that makes your profit only higher. Our support team is available 24/7 and ensures that all the requests will be responded.
Our trading conditions are one of the most profitable in the Forex market. We work with traders guided by the principles of honesty, openness and transparency. Being interested in your success, therefore we offer only the best conditions for cooperation.
How does CFD differ from Forex?
The longer the market grows, the greater will be the income. And exactly the opposite, the longer the market falls, the higher the losses will be. Thus, there is a reverse rule that applies if you bet that the market will fall: the longer the market falls, the greater the profit, but if the market grows, then accordingly it will lead to a loss.
CFD (Contract For Difference, CFD) is a contract based on a difference in prices of various underlying assets. In most cases, they are assets that are traded on the financial markets. When this type of contract starts acting, one party undertakes to transfer to the other party the difference between the current value of the asset and its value at the expiration of the contract. At the same time, the contract does not imply the transfer of ownership of the underlying asset itself.
The CFD market was formed at the beginning of the 1990s in England. Initially, the contracts were concluded only for package promotion purchase and sell but without ownership of these shares. Nowadays these contracts are concluded for almost all exchange instruments.
Let’s take a closer look: what is CFD and how to trade them?
An interesting fact about CFD is that you’ve never owned a particular instrument or asset that you have chosen to trade, and still make a profit thanks to the movements of the market in the direction advantageous for you. From a technical point of view, this is due to the fact that CFD is a so-called derivative product, the cost of which depends on the underlying asset.