A financial instrument with no intrinsic value in and of itself, which derives its value from another financial instrument, asset, index or exchange rate. Contracts for difference, options, swaps, forwards and futures are all examples of derivatives.
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Papyri PCZ I 59021, which dates back to 259/8 B.C., shows the exchange of coinage in ancient Egypt.
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"Long Term Trader" - A forex trader who keeps positions open for extended periods of time.
Do not open a real account before doing some demo-trading.
Risk Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of CFDs is not a reliable indicator of future results. Most CFDs have no set maturity date. Hence, a CFD position matures on the date you choose to close an existing open position. Seek independent advice, if necessary. Please read FxPro’s full ‘
Risk Disclosure Statement’./p>
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