on, start Trading Now, plus500 Demo. CFDs or contracts for difference are units of representation sold on the platform. If the price suddenly gaps or slips down or up, at a price beyond your stop level, your position may be closed at the next available forex market opening time countdown price, which can be a different price than the one you have set. This special order is available for an additional fee paid via the Bid/Ask spread. For cryptocurrency enthusiasts, the website offers CFDs on Bitcoin, Ethereum, Ripple, Dash, NEM, and Litecoin, so you can now speculate or bet on how the cryptocurrency price will move.
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This is referred to as 'Slippage'. When you trade CFDs, youre not trading the underlying forex market holidays 2019 asset, theres no ownership of the underlying asset either at any point. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. You can use the, close at Loss order to minimise and prevent further losses - by automatically closing your trade at a predefined rate. Step 1: Visit the Plus500 page, you can visit it by clicking here.