Slash your CFD trading costs by up to 80%

I saw this on the Rival Financial Services blog. It might be of interest to anybody trading CFD's.

We picked up this message from local derivatives trading firm Global Trader and thought it might be of interest to our readers:

10 years on we want to say thank you to our clients for their loyal support, and allow you to invite your friends to share in the benefits.

At the same time we think it’s important to stay true to our brand by leading through innovation and by delivering on something we have remained true to since the day we launched.

“That is to provide the man in the street with the tools, products and services to trade without limitations”, however this time at a lower cost.

“Cost has been the single differentiator over the last 10 years between Harry Hedge Fund and Trader Tom”

Cost erodes performance and cost creates barriers to entry. Well the costs are coming down.

In celebrating our 10 years we are giving you and your friends the perfect opportunity to become members of the most exclusive clubs in CFD trading, with member benefits that secure you the lowest cost of trading coupled with the highest level of service and exclusivity.

Clubs that don’t undercut the competition but quite frankly blow them away!!!

Entry to Global Trader’s Perfect 10 Year Gold & Platinum Clubs are only available for a limited 10 week period.

Entry is easy and qualifying members receive an immediate reduction in trading costs of 5bps (0.05%) with the opportunity to further reduce your trading costs all the way down to an astounding 10bps (0. 1%)

Is it worth my while to switch to Global Trader NOW?

If you switch your CFD Trading account to Global Trader over the next 10 weeks, we will not only guarantee* to reduce your current** trading costs by 5bps, but on switching you’ll also qualify for our Perfect 10 offer, giving you the ideal opportunity to reduce your trading costs all the way down to 10 bps (0.1%)

* Potential clients already trading at 10bps do not qualify for a 5bps reduction in trading costs

** All you’ll need to do is show us proof of your current trading rate and we’ll match it less 5bps

Contracts for Difference

CFD(Contracts for difference) trading is about ‘margin trading’, or buying not ownership of stock but ‘trading rights’ on the stock by putting down a fraction of the price (i.e.,10%) holding it for short term, hours, days or weeks, and selling it at a profit when the market rises.

Easy? Yes and no. The cautionary is that like all speculation with stocks and shares, only money that you ‘can afford to lose’ should be used. Having said that, with the right systems, good nerves and attention, it is very feasible to make a lot of money. A CFD being a ‘derivative’ of a stock holding is a separate entity from Forex which can also be traded in the same manner but has some regulatory differences.

“For example, A client wants to purchase £10,000 worth of HSBC shares, the margin requirement would be only £1,000. If HSBC share value increases to £10,500 a £500 profit on the deal would equate to just 5% return if you traded the shares outright; compared to a return of 50% on a CFD.” Interested? You should be.

Get started now with a free ‘demo’ account from agmtrader.com .