Question: How to open Index CFDs (Indices) trading account on HotForex MT4 (MetaTrader4)?
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HotForex offers 8 different account types for MT4 trading platform, and all of them offer the same financial instruments.
The only differences between the account types are:
- Required deposit amount
- Maximum leverage
- Spread(trading cost)
Through all account types of HotForex, you can trade the following financial instruments together at the same time in one account.
- Forex currency pairs
- Precious Metals
- Energies
- Commodities
- Stocks
- Indices
With HotForex, you do not need to open several trading accounts to trade different financial product.
CFD products
On HotForex MT4, all products except Forex pairs and Precious Metals(gold and silver) are offered in a form of CFD(contract for difference).
CFD is a derivative product using the market price of actual underlying market.
Trading Indices or Stocks CFD on HotForex MT4 doesn’t give you the actual ownership of equities.
If you are not sure about this type of product, you can find out more on HotForex Official Website
