1. Tell us about your company

CFDTrading.com is the compliment to DailyFX.com. The site broadens the scope of its research beyond the currency market (which is DailyFX.com's primary focus) to include equity index, commodity and fixed income markets in macro-themed analysis and trading commentary. Both sites form the research branch of Forex Capital Markets. Founded in 1999, FXCM is one of the world's largest Forex dealer members. Having established itself as a leader in the retail foreign exchange space, the firm has now branched out into CFDs in order to expand the reach of its clients to the other major asset classes.



2.  Who is your targeted audience?

CFDTrading.com is tailored to those traders that are interested in trading multiple markets across multiple countries. Former single stock investors, futures traders and even the newly inducted are shown the larger trends behind financial markets that ultimately influence all asset classes.
 


3.  What makes CFDTrading so unique?

Approaching the market from a trader's perspective and highlighting those market themes that influence multiple asset classes are the two elements that differentiate CFDTrading.com from other sites. So much analysis is either backwards looking or cannot be incorporated into a trading strategy. CFDTrading.com looks to provide its readers with market commentary and news that can be used in their own strategies and analysis. The breadth of research and its organization are also rather unique. With fundamental and technical analysis on equities, commodities, forex and fixed income; we look to cover all bases. Furthermore, access to research and the Forex Stream news feed from DailyFX.com offer the support of established resources.



4.  What main tips would you give someone starting out in CFDs?
 
Those looking to trade equity indexes, commodities, fixed income and currencies should learn to think and execute like a global-macro trader. While you may trade only one of the markets, movements in one are often reflected or even originated in others. Not only will you be able to identify more pervasive market themes; but you will be able to choose which instrument best suits the prevailing move.



5.  Fundamental vs. technical trading, your thoughts?

A successful trading strategy incorporates both technical and fundamental analysis. Fundamentals should establish the reason for being in a trade and tell you whether you should hold on to it or exit during its life. Technicals tell you where you should enter and where you should exit.



6.  What advice do you have for someone who is just starting to trade the CFD market?
 
The most indispensable piece of advice every given is to get to know your markets and strategies intimately before putting money behind them. Open a practice account; and develop your edge through studying your market and establishing your rules. It is difficult to learn and grow from your mistakes when they cost you too much money.



7.  How different is the CFD market to the Forex market?

Surprisingly, the CFD and Forex markets are very similar. The same currents that move equity indexes, commodities and fixed income move currencies. The Forex market is naturally a macro asset; and neither country boarders nor asset classes should stand in the way of a trade opportunity. Both CFD and FX trading remove these boundaries.
 


8.  Is the main focus of your business online or offline?

Our business is 99% online. The immediate access to research and trading is indispensable and allows both to be done 24 hours a day. Of course, there is twenty-four-hour-a-day, seven days a week live support – phone, IM, and e-mail support should someone's internet access goes down or they are away from their computer.
 


9.  What other services do you offer?

Behind CFDTrading.com and DailyFX.com, FXCM is one of the largest forex brokers in the world. Regulated in the US (the firm is a registered FCM with the CFTC and is a member of the NFA - ID #0308179)), the U.K., France, Germany, Hong Kong, Australia, Dubai and Canada; FXCM has established a global presence to better service its clients. In addition to geography, FXCM provides No Dealing Desk trading execution† and offers account options for self-directed traders with all levels of experience on an award-winning platform that features the ability to trade from charts. For the more experienced, FXCM's Active Trader offers a level II style trading environment with five levels of market depth for a unique view of liquidity; and the MetaTrader 4 platform is available for those that want to code their own strategies. On the other end of the scale, FXCM Micro is a discount brokerage division that provides access to the forex market for a deposit as small as $25. DailyFX+ is an additional service for all FXCM account holders grants access to trading signals that are updated automatically in real time, twenty-four hours a day and on a dynamic basis.
 


10.  Where do you see CFDTrading 2 years from now?

Two years from now, we hope to see CFDTrading.com as the portal of choice for those traders looking for research and trading commentary for more than one market across more than one country. So, if you want to trade EURUSD, the Dow 30 and 10-year T-note on NFP Friday; we want to be your first and only stop.


†Please note FXCM Micro in its discretion may or may not offset individual transactions unlike transactions in most FXCM Standard accounts.