Trading 212, a platform for trading FOREX, CFDs and Exchange Traded Equities has added NEO/USD as a CFD market. Trading 212 is available in 19 different languages, with iOS and Android apps available in addition to the web platform. The company claim that their app is the highest rated trading app in the United Kingdom since January 2016.
A CFD is a type of trading option that allows traders to speculate on the difference in the price of instruments such as shares, forex, commodities, cryptocurrencies, ETF, options and indices, without actually owning them. Traders can choose to buy or sell, depending on whether they think the price of an asset will rise or fall, and will realise profit or loss based on their opening position.
Trading 212 offers users a €10,000 practice account so they can learn to use the platform and try different methods of trading.
Trading 212 is the second platform to add NEO as a CFD trading option, with Plus500 also recently adding a NEO/USD CFD market.