Trading CFDs allows traders to speculate on the movement of the DAX without the need to purchase the underlying assets. Instead, traders agree to accept the difference in price between when a position opens and when it closes. To learn the nuances of how to trade dax, read the information on RoboMarkets Blog.
Some of the benefits that trading CFDs can offer include the ability to use leverage, faster settlements, potentially reduced slippage because of faster trade execution, and the lack of commission fees. Another benefit is that CFD traders can potentially profit from the instrument price if the price goes up or down by either going long or going short. However, traders should remember that trading CFDs is risky and can result in the loss of their entire capital.
