On the 14th of June 2018, the World Cup started in Russia. All the world is watching and it’s one of the main worldwide sporting events of the year.
During this period a lot of people try their luck by betting on the World Cup winner.
But how is the World Cup related to forex trading?
Football, or soccer as it’s known in North America, is the most popular sport worldwide.
It’s followed by 3.5 billion people, mainly in Europe, Africa, South America, and Asia.
In the last few years, the number of fans from the Middle East increased a lot, mainly due to teams like Manchester United, Real Madrid, and Barcelona which export their brand to those countries.
In Asia, Premier League teams such as Liverpool, Chelsea and Manchester City remain very popular as the teams regularly play friendly matches and complete country tours there.
Star players have also helped to grow this business. Players like Messi, Cristiano Ronaldo or Neymar can bring more profits than an entire football team due to brand licensing and merchandise rights.
A lot of important football teams are also listed in the stock and shares market. Here it’s possible to buy stocks and invest in one of those teams.
To mention the most important teams, we have listed the following by their value worth:
1.Real Madrid £2.52bn
3.Manchester United £2.3bn
4.Bayern Munich £1.85bn
6.Manchester City £1.33bn
This can give you an idea about how much money there is in the big teams of football.
The big news is that besides only buying stocks & shares in a team, it’s now possible to do CFDs football trading.
CFD trading which stands for (Contract for Difference), lets you trade on the price movement of an asset. In this case the asset would be the football club stock of your choice. To get started you’ll need to find an online broker to open a trading account with.
One popular online broker is IQ Option who are fully regulated and very popular worldwide. In June 2018, they introduced some of these top clubs, such as Juventus, Borussia Dortmund, Manchester United, A.S. Rome and Lyon as stock assets. All of which can be traded as CFDs.
The main advantage of trading CFDs instead of buying stocks is that it’s possible to trade on the trend of these football teams.
This means that a trader will predict if the stock’s value will increase or go down without owning them. So profit can also be made even if a value decreases.
To trade CFDs you just need to think how a team’s stock value price will move. If you think the value will go up you place your trade to ‘buy‘, if you think it’ll go down you set your trade to ‘sell‘.
The other big advantage is that it’s possible to start trading CFDs in football teams with just a $10 deposit. IQ Option offers one of the lowest minimum deposits in the market, so you can start trading without having to invest too much.
To learn more about trading and the broker IQ Option please read our IQ option review here: https://tradingonlineguide.com/iq-option-review/