IndependentInvestor Predicts Shift Towards CFD Broker Comparisons in 2012

LONDON, March 14, 2012  /PRNewswire/ -- CFD broker comparison site IndependentInvestor.co.uk has forecast a shift of emphasis amongst CFD traders over the coming twelve months, with the costs of trading likely to come under closer scrutiny as traders look to become more prudent in the face on ongoing market unrest.

With the global financial outlook bleak for the short-medium term at least, IndependentInvestor.co.uk has predicted that traders will be even more keen to reduce the costs of trading and thereby the handicap of costs against the trading returns in order to make their trading as efficient and as profitable as possible.

As the market for CFD brokers continues to welcome a steady flow of new blood, traders can find competing pricing structures that might point to more favourable trading terms through investing some time and effort into researching different providers.

Alex Johnson, a spokesperson for Independent Investor, said that as more traders realise the importance of shearing down their costs, a wave of more savvy, comparison-ready traders will emerge looking to save on the costs of their CFD trading.

"The past twelve months have proven difficult for CFD traders, with the next twelve looking no less uncertain. Economic predictions, if they are to be believed, point to choppy waters ahead, and while this won't dissuade too many CFD traders from accessing the markets, we're predicting those that are involved in CFD trading will become even more cost-conscious that ever before. The need to keep profits high and costs low has never been greater, and we're anticipating a growth in the number of traders looking to shift to an alternative broker throughout this coming year."

"The shift in brokers can only be a good thing for traders, who will ultimately benefit from more competitive prices and trading terms. With CFD costs a central concern for traders looking to aggregate a profit, taking proactive steps to research and change broker is probably about the single most effective cost-cutting strategy, other than trading less, and comes highly recommended. And with recourse to our independent broker reviews, it's now easier than ever to make the switch to a more competitive provider."

http://www.independentinvestor.co.uk

SOURCE Independent Investor