CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulator:

×
CySEC

Skilling Ltd, is regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license No. 357/18

Continue
FSA

Skilling (Seychelles) Ltd, is authorized and regulated by the Financial Services Authority (FSA) under license No. SD042

Continue
Trading Articles

A Bit About BITO - What is it and why is it trending?

blog-header-BITO-ETF.png
BITO: the word that has been on traders’ radars lately.

ProShares Bitcoin Strategy ETF (BITO) is the first U.S. bitcoin-linked ETF offering investors an opportunity to gain exposure to bitcoin returns in a convenient, liquid and transparent way. An Exchange Traded Fund that tracks the movement of the Bitcoin futures is a big industry first, ending a nearly decade-long struggle to get a crypto-related product onto a legitimate exchange.

This new product arrived on the scene in October when ProShares brought the bitcoin-linked ETF to the New York Stock Exchange under the ticker symbol BITO. So the question on everyone’s minds now is:

Why should I invest in BITO?

An obvious reason is that traders can capitalise on bitcoin futures contracts with managed exposure, without investing directly in bitcoin. In other words, BITO allows investors to own, trade or participate in the price action of Bitcoin without having to worry about getting or managing a Crypto wallet which comes with associated cyber security risks. It is an investment security that could become part of a sophisticated, diversified investor portfolio.

This is a benefit when trading EFTs versus other physical stocks. Rather than investing in individual stocks, an exchange-traded fund (ETF) offers exposure to the industry, with reduced risk and a potentially higher return.

Traders will be glad to know that this new and much anticipated investment symbol is Skilling’s latest addition to its top suite of trading products. The launch of one of the most talked about products gives its clients access to capitalise on upcoming market movements.

What’s more, Skilling offers CFD trading not only on ETF CFDs like BITO, but also across multiple asset classes. Skilling gives traders the opportunity to trade what they want and when they want it, by continuously offering the latest products that are moving the markets.

Do not stop learning about the financial markets

We’ve got a whole host of resources that are ready and waiting to educate newcomers to trading CFDs online, including:

CFD trading account types
Choose the trading account that suits your trading best
CFD trading basics
Learn the core principles of trading the financial markets using CFDs.
CFD trading psychology
Discover the five rules of thumb to mentally master the stock markets.

What is forex trading?

Forex trading is the buying and selling of currencies on the foreign exchange market with the aim of making profit. Forex is the word's most-traded financial market, with transactions worth trillions of dollars taking place every day.

What are the benefits?

  • Go long or short
  • 24-hour trading
  • High liquidity
  • Constant opportunities
  • Trade on leverage
  • Wide range of FX pairs

How do I trade Forex?

  1. Decide how you'd like to trade Forex
  2. Learn how the forex market works
  3. Open a Skilling CFD trading account
  4. Build a trading plan
  5. Choose a trading platform
  6. Open, monitor and close your first position

Related Articles

What are Forex Trading Hours and how do they affect your Trading?

One of the most interesting aspects of forex trading is that it can be carried out on a 24-hour basis, from Sunday throu...

Why does Tesla keep going up?

Tesla makes cars, people like their cars, and that explains why Tesla is worth more than every other auto firm combined....

CFD Trading Strategies to Trade Stocks, Forex and More

The overarching goal of engaging in CFD trading based on the price action in the stock markets, is to achieve a net prof...

Important notice

This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

Continue