Regardless of your level of experience, there is something to be gained from reading CFD trading books. Contracts for difference are complex financial products, so making sense of key concepts and strategies is important. In this guide, we review and rank the best books about CFD trading in 2022. We also share tips for choosing the right CFD book download for your trading ability.
Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.
Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.
Reliable and affordable trading since 2009. Join over 900,000 others trading on 400+ CFD products over assets like forex, gold, indices, cryptocurrency and shares from 0.0 spreads through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in under 5 minutes.
Reliable and affordable trading since 2009. Join over 900,000 others trading on 400+ CFD products over assets like forex, gold, indices, cryptocurrency and shares from 0.0 spreads through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in under 5 minutes.
XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
Skilling are an exciting new brand, regulated in Europe and beyond, with a bespoke browser based platform, allowing seamless low cost trading across devices.
Skilling are an exciting new brand, regulated in Europe and beyond, with a bespoke browser based platform, allowing seamless low cost trading across devices.
Capital.com offer CFDs and Forex CFDs on a huge range of assets, with competitive spreads and zero commission on unique platforms, including the fully functional mobile app.
Capital.com offer CFDs and Forex CFDs on a huge range of assets, with competitive spreads and zero commission on unique platforms, including the fully functional mobile app.
IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). It offers competitive spreads on a global range of assets via its Next Generation platform.
CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). It offers competitive spreads on a global range of assets via its Next Generation platform.
Trading 212 Offer a truly mobile trading experience. With tight spreads and a huge range of markets, they offer a dynamic and detailed trading environment. Recent customer care issues have severely damaged the reputation of the brand.
Trading 212 Offer a truly mobile trading experience. With tight spreads and a huge range of markets, they offer a dynamic and detailed trading environment. Recent customer care issues have severely damaged the reputation of the brand.
Alpari offer forex, CFD and binary options trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.
Alpari offer forex, CFD and binary options trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.
Books about CFD trading are designed to up-skill beginners and help investors trade successfully. A good book will break down key principles and investing setups. The top publications are also backed by statistics and draw on real-world examples and the experience of successful CFD traders.
Today, most CFD trading books focus on broad strategy advice and risk management tips. But some authors also explore UK-specific assets, such as FTSE-listed stocks. Both can be beneficial, and what you choose should ultimately align with your financial goals and current level of understanding.
Importantly, many aspiring traders turn to books as their source of knowledge because they offer in-depth accounts and perspectives on contracts for difference. With that said, free pdf downloads and eBooks can also be supplemented by training materials and videos offered by the top online brokers.
Another useful tip is to test out your learnings from CFD trading books on a free demo account.
Format
When selecting a CFD trading book, you have four primary options: paper books, ebooks, audiobooks and pdfs. You should choose a format that compliments your learning style and also your schedule. An increasing number of new traders, for example, are turning to audiobooks to learn about CFDs while on their commute to work. If you are mostly going to be reading at home, on the other hand, and you want to be able to annotate your book and add notes, then a paper copy is probably best.
The most important thing, however, is the content of the book. Choose a publication from a reputable author with good trader reviews and ratings. Fortunately, we have collated the top CFD trading books in 2022 below.
Top CFD Trading Books
Contracts for Difference: Master the Trading Revolution by Catherine Davey
This book is perfect for beginner traders and is one of the best-reviewed and most popular books about CFD trading. If you want to learn the basics about the financial markets and how to trade CFDs, then this book will cover everything you need to know.
The publication covers what CFDs are, how they operate, and how they work differently from other common trading products. It also provides insights that are unique in comparison to other popular books.
Making Money from CFD Trading by Catherine Davey
From the same author, this is aimed at more experienced traders who are already proficient in the basics of CFDs. This book goes a step further than the previous publication, focusing on the specifics of how to use particular CFD trading strategies.
This book is suitably concise while still detailing all of the important information. So while the subject matter is more complex, readers can still digest the content in a user-friendly format. The CFD trading book also breaks down a number of useful examples and money management tips.
Trade Like a Pro: 15 High-Profit Trading Strategies by Noble Drakoln
This book focuses on risk management and is aimed at intermediate to advanced traders. The book starts with a comprehensive overview of basic trading strategies, before moving on to complex setups and techniques.
This book lays out many different strategies and objectively states the pros and cons of each, allowing the reader to find a system that aligns with their financial goals. Readers can also test out the strategies shared in a free demo account before risking real funds.
CFD Trading Books for Beginners
If you are a beginner, CFD books can help build a solid foundation of core trading concepts, risk and money management, plus popular financial markets, like forex pairs with the GBP.
Importantly, when starting out, books that are too advanced can lead newbies to give up early so make sure you choose a publication that aligns with your experience. Below are some of our top picks.
CFDs Made Simple by Peter Temple
This guide is both straightforward and in-depth in teaching the basics of CFDs. It begins with a background of retail trading and works up to the key principles of CFDs, providing a detailed description of how they work, as well as some of the potential risks.
The author of the book draws from his own extensive experience in trading, making it a reliable source of information. Overall, this is a great tool to help kickstart your CFD trading journey.
CFDs Made Simple: A Beginner’s Guide to Contracts for Difference Success by Jeff Cartridge
Another perfect book for beginners, Cartridge provides all of the basics that traders need to know to get started with trading CFDs. It goes over how to place orders, how to trade with leverage and how to implement various technical strategies. It then details which contract providers are the best and why.
This book keeps things simple and to the point, so if you are looking for no-nonsense, it’s a good choice.
How to Choose the Best CFD Trading Book
It’s important that you select a book that matches your experience level; a book that is too advanced won’t make sense if you’re still learning the basics, while a book that is too simplistic will waste your time, as you may know the material already.
Here are some more of the key things to consider when selecting a book about CFD trading:
Target Audience
The most important thing to keep in mind when you are selecting your CFD trading book is the audience it is aimed at. It’s best to be honest and self-aware about your own skill level so that you can accurately assess which book will benefit you the most. You will be able to tell if you have selected a book at the right level by whether you can understand and process the content.
Reviews
As with anything you buy, you want to make sure that it’s a quality product before you spend money on it. The same goes for CFD trading books. The best way to do this is to check the reviews on the platform you are buying the book from.
For an even more reliable review, look up recommendation lists from reputable sources as well, such as trading blogs and brokers. Alternatively, choose from our top picks above.
Cost
There is a lot of great free content out there when it comes to learning about CFD trading, so if you are going to spend money on a book you should make sure it will offer you something that free material can’t.
To minimise the cost of buying books, you can also look into second-hand options for a more budget-friendly solution. Furthermore, there are lots of options for free downloads for CFD trading books, which can be found online.
Bottom Line on CFD Trading Books
There is a lot to be said for the free information that is available online, and there is certainly enough out there to accumulate a wealth of knowledge on CFD trading. However, if you are looking to get all of the best information in one place, then CFD trading books could be a good place to start. This guide gives an overview of the best CFD books on the market, whether you are a beginner or a more experienced investor.
To put your new knowledge to the test, open an account with one of our top-rated CFD brokers.
FAQ
What Is A CFD Trading Book?
A CFD trading book is a way of accessing information on the popular financial instrument, and often they offer insights and strategies that aren’t available when looking at free online sources. Books are also a much easier way to access all of the information you need at once, rather than having to continuously search for it.
How Do I Choose A CFD Trading Book?
The best place to start with choosing a CFD trading book is with the target audience. Be honest about your level in trading. Next, check the reviews and ratings for the book you are considering buying to ensure that it has been helpful to other investors.
Can I Get A CFD eBook?
CFD trading books are available in all formats, including physical books, audiobooks and eBooks. This gives readers greater flexibility in terms of what they are looking for from their publication, and importantly allows traders to take their books on the go.
What Is The Best Advanced CFD Trading Book?
The two books we recommend for advanced CFD traders are Trade Like a Pro: 15 High-Profit Trading Strategies by Noble Drakoln and Making Money from CFD Trading by Catherine Davey. Both of these books go beyond the basics and into a more in-depth analysis of method, strategy and risk management.
What Is The Best CFD Trading Book For Beginners?
If you are a beginner, then it is better to go for a more basic overview of CFDs so that you can get useful background information on the subject. If you are a novice, then we recommend starting with Jeff Cartridge’s CFDs Made Simple: A Beginner’s Guide to Contracts for Difference Success.
