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Blogs about basic information in forex trading, forex participants and how to earn big in forex trading.IG Markets Cements CFD Leadership Status
MELBOURNE, Australia, Aug. 26 /PRNewswire/ — An independent survey of Australia’s CFD market has named IG Markets as the number one choice for the highest number of active traders, with 29% of CFD traders using them as their


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IG Markets Cements CFD Leadership Status
MELBOURNE, Australia, Aug. 26 /PRNewswire/ — An independent survey of Australia’s CFD market has named IG Markets as the number one choice for the highest number of active traders, with 29% of CFD traders using them as their main provider. This cements IG Markets’ leadership status with the closest competitor some 9% behind.
The number one ranking as main CFD provider comes at a time where market volatility has increased interest in forex, indices and Australian blue chip shares.
The fifth annual May 2010 CFD Report by Investment Trends Pty Limited, a specialist market research organization in the wealth management sector, found that the number of CFD traders in Australia has grown significantly over the past 12 months. The report attributed the growth to a combination of new traders and a large number of dormant traders returning to the market. CFD trader numbers in Australia were 39,000 as at May 2010, up 22% from 32,000 in 2009, with an additional 25,000 investors indicating they intended to commence CFD trading within 12 months.


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