How to Trade SolGold PLC
Trade SolGold PLC CFDs
CFDs (Contracts for Difference) give you exposure to solgold plc price movements without needing to physically own and secure solgold plc. When you buy solgold plc CFDs, you don't actually hold solgold plc, but you can still make gains if the price of solgold plc increases, and losses when the price of solgold plc decreases.
CFD exchanges are regulated in many countries, so traders can have confidence in the security of their funds.
Pros of trading solgold plc CFDs Cons of trading solgold plc CFDs
  • No physical solgold plc
  • Ability to short solgold plc
  • Regulated
  • Leverage increases risk
  • Less control over an asset
After careful evaluation of several CFD exchanges, we recommend Plus500 for their
CFD Service. Your capital is at risk. Like all financial instruments, CFDs carry risks.

CFDs (Contract for Difference) allow traders to gain exposure to the price of an asset without physically owning the asset. This has the advantages of avoiding costs and risks associated with transacting and storing the physical equivalent asset, and it increases the range of assets available to trade in a single platform, including cryptocurrencies, fiat currencies, stocks and commodities.

However CFDs also carry risks. For example, CFDs are traded on margin (leverage), which means a trader only pays a fraction of the total purchase amount and essentially borrows the rest from the exchange. This has the effect of amplifying both gains and losses (for example, when you buy a CFD on margin. a small increase in price can result in a big gain, but a small decrease in price can amplify losses). If a position goes too far into the red, (for example, a trader buys gold CFDs only to see the price decrease significantly), the CFD exchange can forcibly close the position and lock in the loss in order to protect against further loss.

CFDs are exciting and innovative, but as with all financial instruments, it is important to understand the risks. 76.4% of retail investor accounts lose money when trading CFDs with Plus500. It is advisable to have a strategy and keep a level head. Plus500 offers a demo account with free virtual cash to practice trading and refine your strategy.

Plus500 is an authorised and regulated CFD provider