Forex Trading Hours Australia Guide
Forex market hours run 24 hours a day across 4 major forex trading sessions. This forex trading hours guide will teach you the times forex markets open for trading. Trading in busy times means more liquidity and this can impact your trading strategies.
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Ask an Expert
I’m based in Manchester UK need advice if I should select a CFD account or a spread betting account?
You can choose either but realise that CFD trading and Spread Betting are not the same thing. Contracts for difference, or CFDs, are leveraged derivative contracts that track the value of underlying financial instruments such as forex, stocks, indices and commodities such as precious metals energies and soft. If the underlying instrument moves up, then you profit. Spread betting on the other hand is speculatively betting on the price movements of an underlying instrument without actually owning it. This means you can bet the movement will go up or down. Both have pros and cons but spread betting does have tax advantages when you win.