The Traderszone Network

Published in TZ Latest News 9 May, 2017 by The TZ Newswire Staff

Question about stock CFD margin trading

Hi, I have a question about trading CFD stocks with margin

Let’s say the broker offers a 10% margin (as I understand it is similar to 10:1 leverage) and I have a $10k balance. Can I open a $100k position, and stock moved 1%, this means I have potentially earned $1,000 with just $10k balance on this CFD stock ?