What is a CFD?
A Contract for Difference (CFD) is a derivative
instrument that enables investors to speculate on
the price movements of various financial instruments
without owning the underlying asset. When trading
CFDs, investors enter into a contract with a broker
to exchange the difference in the price of the asset
from the time the contract is opened to when it is
closed. Unlike traditional forms of trading where
investors buy and sell the actual asset, CFDs are
leveraged financial derivative products that you can
either profit or lose from both rising and falling
markets.
How do I place a trade on CKTradingFx ?
Placing a trade on CKTradingFx is as follows:
-
Log in to your CKTradingFx trading account.
- Navigate to the trading platform.
-
Select the financial instrument you wish to
trade.
-
Choose the direction of your trade (buy or
sell).
- Enter the desired trade size.
-
Set your stop-loss and take-profit levels if
desired.
- Review and confirm your trade.
-
Your trade will be executed, and you can monitor
its progress in the trading platform.
What types of orders can I place on CKTradingFx ?
CKTradingFx offers various types of orders commonly
used in CFD trading, including:
-
Market Order: Executes a trade at the best
available rate on the Trading Platform.
-
Limit Order: Executes a trade at a specified
price or better.
-
Stop Loss Order: Executes a trade when the
market reaches a specified price.
-
Take-Profit Order: Closes a trade when the
market reaches a specified profit level.
What is leverage, and how does it work on
CKTradingFx ?
Leverage allows traders to open a larger position
with a smaller amount of capital. On CKTradingFx ,
we offer various leverage options, up to 1:200,
depending on the underlying asset and account types.
This means that for every unit of capital invested,
traders can open a position up to 30 times larger.
It's important to note that while leverage may
amplify both your potential profit and loss.
What are spreads?
A spread is the difference between the higher buy
and the lower bid price of the financial instrument,
like EUR/USD, or a equity shares. All CFDs offered
by the Company have spreads which can be viewed in
the Trading Platform. Spreads are dynamic and vary
based on market conditions of the underlying assets.
How does the margin call process work on CKTradingFx
?
A margin call occurs when the equity in your trading
account falls below the required margin level to
maintain your open positions. At CKTradingFx , when
your account reaches a certain threshold close to
the margin requirement, our system will
automatically issue a margin call, to either deposit
additional funds to cover the shortfall or close out
some of your positions.
Can I trade on mobile devices with CKTradingFx ?
Yes, CKTradingFx offers a mobile version of its
trading platform, allowing traders to access the
markets and manage their positions conveniently from
their smartphones or tablets. The CKTradingFx mobile
app is available for download on both iOS and
Android devices.
What are the available trading platforms on
CKTradingFx ?
CKTradingFx offers two trading platforms:
-
Webtrader: A web-based platform accessible from
any internet browser, offering a user-friendly
interface and a wide range of trading tools and
features.
-
CKTradingFx mobile app: A mobile application
providing on-the-go access to the markets,
real-time quotes, and account management
capabilities.
How can I access market analysis and research tools
on CKTradingFx ?
CKTradingFx provides comprehensive market analysis
and research tools directly within its trading
platforms. Traders have access to a variety of tools
for both fundamental and technical analysis,
including:
- Economic calendars
- Price charts
- Technical indicators
- Market news and analysis
What is a Pip?
A Pip, short for 'percentage in point' or 'price
interest point,' is a standardized unit of
measurement used in forex trading to quantify
changes in exchange rates. It represents the
smallest price movement in a currency pair,
typically equivalent to one basis point, or 0.0001
for most currency pairs. Pips are crucial for
calculating profits and losses in forex trading and
help traders determine the value of their trades
relative to changes in exchange rates.
What is volatility?
Volatility refers to the degree of variation in the
price of an asset over a period of time. It measures
the rate and magnitude of price fluctuations,
indicating the level of risk associated with an
investment. High volatility suggests that the price
of an asset can change rapidly and unpredictably,
increasing the potential for both profit and loss.
