Features and Benefits of a CFD Tracker

A CFD tracker can help you in various ways when you are investing in CFD. The fact is that you need to be able to make your own decisions when you are trading in CFD in the direct market access mode. The CFD that you have invested in follows the same path as the underlying index and therefore the same factors that affect the price of the asset or stock will affect the CFD too. A CFD tracker can help you in understanding the right decision to take with regards to various stocks or assets.

A good CFD tracker should allow you to customize the financing option so that you can set the leverage to the one that you want. Some of the good ones allow clients to choose between 0 per cent and 99 per cent. While the leverage increases the profits that you can expect, you also stand to lose that much in case of a loss.

It is also not uncommon for a CFD tracker to include factsheets on various products and assets. These include details about spreads, margin rates, trading hours and other details too. Technical indicators are also provided in such a CFD tracker in the form of charts and graphs that can be referred to easily.

Another awesome feature of an efficient CFD tracker is that it allows you to invest right off the chart. So as you are browsing through the various assets and you feel that one of them is worth investing, you can just drag and drop the asset from the chart into your portfolio.