Why Has CFD Trading Become So Popular In Australia?
Ever since 2003 CFD trading trading in Australia has become increasingly popular. The popularity of CFDs has come about as a result of their simplicity and ease of use and of course ability of CFDs to provide access to global markets. There are around 35,000 CFD traders in Australia with the CFD trading volume accounting for around 35% of the daily turnover of the Australian Stock Exchanges (ASX). So Why the popularity?. Well CFDs like no other financial instrument allow retail investors to gain leveraged exposure to global shares, indices, commodities and currency pairs all form one account, this is unlike any other financial product available in the market today.