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What are the main ways to trade forex?

The two most popular ways to trade forex are spread trading and CFD trading. Spread trading is the more straightforward of the two because it’s up to you which currency you make the trade in, unlike CFDs where you may be stuck with an unfamiliar currency and struggle to understand the costs and risks. You’ll also have to pay to convert profits into your preferred currency with CFD trading.

Spread trading also lets you choose how much you want to trade per point, whereas CFD providers decide this for you. Ultimately, spread trading gives you total control over what you’re trading, making this perfect for forex beginners. Here at Trade Nation, we offer 30 currency pairs on our regulated spread trading platform.

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Financial spread trading comes with a high risk of losing money rapidly due to leverage. You should consider whether you understand how spread trading works and whether you can afford to take the high risk of losing your money.