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Infinox: What On Earth Is A CFD Broker? Full Guide For Traders

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If you’re new to the world of online trading, terms like CFD broker, CFD account, or trading account might sound a bit confusing. You may also have heard about Infinox broker but aren’t quite sure what it offers or how it fits into your trading journey. Don’t worry — this guide will break down everything you need to know in simple, straightforward language. Understanding the Basics: What Is a CFD Broker? A CFD broker is a company that allows you to trade Contracts for Difference, or CFDs for short. But what exactly is a CFD? Essentially, a CFD is a financial contract that lets traders speculate on the price movements of an asset without actually owning the asset itself. These assets can include stocks, commodities, indices, currencies, and more. Think of a CFD broker as your gateway to this kind of trading. They provide you with the platform, tools, and support to open and manage trades on these contracts. Instead of buying or selling the actual asset, you are entering into a contract...