London, United Kingdom (PressExposure) January 15, 2012 -- The volume of contracts for difference traded daily is continuing to increase as a growing number of traders turn to self-managing their portfolio for greater returns, according to online investment resource site CFDSpy.com.
As uncertain financial markets continue to cause anxiety amongst amateur and professional investors alike, the popularity of contracts for difference, or CFDs, is growing as more traders seek out leveraged earnings for more efficient trading.
A spokesperson for CFDSpy.com said that the increased volumes being traded through CFDs were indicative of a drive towards more cost-effective leveraged trading, as traders embrace more risk for more potentially lucrative trading opportunities.
"The current climate for financial investors is uncertain, and opportunities for profiting from traditional investment strategies are looking decidedly thinner on the ground. As a direct consequence, more traders are turning to self-managing their assets, and trading in CFDs as a more highly leveraged way of gaining from the markets. In addition to driving strong growth amongst CFD brokers, the influx of new traders seeking better returns has made CFD trading more accessible than ever before, allowing a new generation of traders to steer clear of sluggish, uncertain prospects in favour of more highly leveraged, more profitable instruments like CFDs."
"This is good news on the whole for traders, making CFDs more readily available from a more diverse range of brokers. For those keen to find the best price on trading and financing their CFD positions, broker comparisons are now of huge benefit in helping source lower priced providers and saving substantially on the costs of trading long-term. As more traders continue to make the switch to CFDs, it's worth considering whether your portfolio might fare better under the higher risk/higher reward framework of contracts for difference." This should help to counteract the negative effect of market uncertainty and deliver more substantial returns.