ETFs provide traders opportunity to trade a specific index, sector, commodity, or asset class, and gain exposure to a diversified portfolio of assets without having to purchase each individual asset separately.

How ETF trading works:

1. Open a trading account: To start trading ETFs, apply for a trading account with GO markets.
2. Open a demo account: GO Markets also offers free demo accounts, to let traders practice risk free before trading in a live account.
3. Select an ETF: Within our trading platform, you’ll find a list of available ETFs. Each ETF corresponds to a specific ETF in the market. Choose the ETF you want to trade based on your analysis and trading strategy.
4. Decide on Position: Determine whether you want to go long (buy) or short (sell) on the chosen ETF.
5. Leverage: ETF CFD trading offers leverage, allowing traders to control a larger position size with a smaller amount of capital (limits apply)
6. Monitoring your Trade: Once your trade is placed, you can monitor its progress in through our broker’s trading platform. The platform will show you the current price of the ETF, the potential profit/loss, and other relevant information.
7. Close the Trade: You can close your ETF trade at any time during market open hours.
8. Profits and Losses: Your profit or loss is calculated based on the difference between the opening and closing prices of the ETF, adjusted for the trade size and leverage used. If the trade moves in your favor, you make a profit; if it moves against you, you incur a loss.
9. Risk Management: Given the potential for losses in CFD trading, traders should consider available tools such as stop-loss and take-profit orders to limit potential losses and lock in profits.