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What is CFD trading?

CFDs, or Contracts for Difference, are a popular way of trading on the price of stocks, crypto, forex, commodities and indices. You dont own the underlying asset itself, just a contract that mirrors its price movements. If you expect the price to increase, you buy a contract, and if youre right, you make money. Similarly, if you anticipate a price drop, you can sell a contract and profit if the price falls. This way, you have the opportunity to make money regardless of whether the market is going up or down.

What is leverage and how to use it?

Trading with leverage means you can open bigger trades with a smaller amount of your funds. In other words, it is like borrowing money from your broker to increase your buying power. For example, with 1:100 leverage, you can trade $1,000 worth of assets with just $10 of your own funds. While leverage can boost your potential profits, it can also amplify your losses. The good news is that Doto offers negative balance protection for you, so you’ll never lose more than you’ve got.

What instruments can I trade?

With Doto, you can trade CFDs on stocks, crypto, forex, commodities and indices, all from one platform. Love crypto? Trade on Bitcoin easily without dealing with crypto exchanges and wallets. Interested in stocks like Tesla or Nvidia? Go for it. Prefer trading on gold or oil? We’ve got that too. You can trade on anything you want via CFDs without actually buying barrels of oil or storing gold bars at home.

What are the costs of trading?

Doto doesn’t charge fees or commissions for deposits or withdrawals. We make money from spreads, which depend on the trading instrument. If you keep your positions open overnight, there’s a swap fee to cover the interest rate difference between the traded instruments. This fee will either add to, or subtract from, your trading account balance depending on the instrument and the direction of your trade.

Now, you’re definitely ready to start. Here’s how

Starting Doto is super straightforward. Step 1: Create an account, and you’re in right away. Step 2: Top up your account using the payment method you like best. Step 3: Start trading! It’s as easy as it gets.