How to enter a CFD order in the market through BBVA Trader

Following the growing demand for CFDs, it has incorporated contracts for difference into its offer.

The BBVA Trader platform, which includes both investment products and a training service for financial products and trading tools, has decided to expand its range of options with this product: its offer includes general global indices, shares of the main world markets and the most prominent currency pairs. The operation is available on its website bbva trader.com and/or through the BBVA Trader CFD app, available for Android and IOS.

Being leverage-based products, the risk of loss is considerable, so its use is recommended to expert traders. However, these instruments have a great advantage: the initial outlay does not have to be the total asset and allows you to position yourself long and short in the market.

it’s simple. The user must access their account within the BBVA Trader platform or through the BBVA Trader CFD app, where, among much more information, they will find their account balance, available capital and retained margin.

To enter a long CFD order on an index, you must click on the prices of the index to trade. Once you click buy, the prices at which you can buy and sell the CFD will appear. The next step is to select the type of order: market order, limit order and stop order.

If you choose a market order, it will be executed at the moment. From then on, it is recommended to constantly monitor the P&L section, that is, profit and loss. In addition, the current held margin also shows the margin that the position consumes.

If the trader wants to close it, he just has to click “Close” in the “Open Positions” window.

You can access the complete video where it is explained how to enter an order in BBVA Trader CFD.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investors lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take a high risk of losing your money.

You can access the information and documentation on this CFD Trading Service by clicking on “More information”. To hire the CFD Trading Service, you must be a BBVA Trader customer beforehand. More information in .

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