Trade Interceptor Forex & CFD Trading
Previously known as Trade Interceptor Forex &； CFD Trading, this app allows you to download and trade on currencies, stocks, and cryptocurrencies. This app offers streaming quotes of 16 different stock exchanges, as well as Bitcoin quotes. The program is also compatible with Mac, and provides various features including trading from charts, pattern recognition, and alarms. It allows you to secure trades through selected FX brokers. Trade Interceptor is free to download, but you can upgrade to premium services for additional features.
The trader makes his money by paying the spread and sometimes other fees. During a trade, the bid and ask prices are linked together, and a trader who purchases a CFD will offer it for sale if the asset price rises. The difference between the purchase and sale price is tallied and represents the profit or loss. The trader settles the difference in his brokerage account.