Jump to content

Barrier vs CFD vs Turbo24


Recommended Posts

Good afternon, another super newbie question, I can't get my head around this...

what are the main differences between buying  a

  • SP500 Barrier Call
  • SP500 CFD
  • SP500 Long Turbo 24

Do the Barrier and Turbo24 work similiar to a CFD with a stop loss? If so, what's the point in buying a Barrier or a Turbo24?

Thanks in advance for your help

Luigi

Link to comment

Hi @LuigiLuigi

Thanks for the question

There are a few differences, however these are some of the important ones to take note of. 

Barriers

  • You have flexibility over leverage
  • They are limited risk(you can only lose the premium paid to open) but the potential profit is unlimited
  • Barriers have an expiry

Turbos

  • You have flexibility over leverage(You decide your leverage based on the KO-level)
  • Also limited risk- you know maximum loss when you open the trade
  • Traded on Exchange
  • Traded 24/5
  • Possible to add a stop to avoid being knocked out
  • All fees included in initial cost of open (except the commission). Overnight funding is not debited from turbo account

In summary Barriers/Turbos offer flexibility over leverage, limited risk and are less capital intensive than CFDs. You can get exposure for far less than in a CFD. 

Hope this helps

All the best 

Anda

Link to comment
  • 11 months later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      21,663
    • Total Posts
      91,987
    • Total Members
      41,953
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    MichaelLP
    Joined 29/03/23 17:05
  • Posts

    • #EURJPY: Detailed Structure AnalysisHere are my latest structure analysis for ⚠️EURJPY.Support 1: 138.80 - 139.25 areaSupport 2: 137.38 - 138.18 areaResistance 1: 143.19 - 143.6 areaResistance 2: 145.00 - 145.58 areaResistance 3: 146.40 - 146.7 areaConsider these structures for pullback/breakout trading.
    • #USDCAD: Important Breakout   USDCAD broke and closed below a solid horizontal demand cluster on a daily. The broken structure turned into resistance now.   Probabilities will be high to see a bearish move from that. Goals will be 1.356 / 1.346 For Additional confirmation use: the best mt4 indicators
    • Dollar Index (#DXY): Key Levels to Watch This WeekHere is my latest structure for Dollar Index.Resistance 1: 103.11 - 103.63 areaResistance 2: 104.74 - 105.1 areaResistance 3: 105.667 - 105.88 areaSupport 1: 100.82 - 100.88 areaConsider these structures for pullback/breakout trading.For Additional confirmation use: Swing Trading Indicators
×
×
  • Create New...