You can start trading CFD stocks by opening an account with us today. With TMGM, you can learn the nuances of CFDs through a demo account before committing to live trading.
To get started, you should choose a platform and make sure you know how to place orders, read charts and indicators, and use risk management tools.

When you start trading CFDs, you must meet your broker’s minimum deposit requirements. At TMGM, you need $100 to open an account. The amount of capital you need will depend on your plans. If you’re just learning to trade, $100 is enough to get started. However, if you want to open larger positions and meet your broker’s margin requirements, you may need more funds.

When you trade with TMGM, you don’t own stocks. A CFD is a derivative product that tracks a stock but doesn’t give you any ownership rights. Unlike options or futures, you don’t have the right or obligation to buy or sell a stock outright. CFDs simply track the price movements of the underlying stock, so you can benefit from price fluctuations without having to buy the shares.

There’s no single correct answer when comparing CFDs to stock trading. These instruments serve different purposes. Stocks give you ownership of an asset, allowing you to enjoy benefits like dividends and long-term gains. CFDs don’t offer the same investment advantages, but they allow you to track the market with limited capital, making them more suitable for day trading and short-term strategies.

Therefore, if you’re an active trader with limited funds, CFDs may be more suitable for your goals than stocks.