The 14th of June 2018 started the World Cup in Russia. All the world is wathcing the matches and this can be considered the main worldwide event of the year.
During this period a lot of people try their luck by betting for the World Cup winner.
But how is the World Cup related to forex trading?
As we all know, football is the most famous sport in the world, followed by 3.5 billion people, mainly in Europe, Africa, South America and Asia.
In the last years the ammount of fans from Middle East grew a lot thanks to teams like Manchester United, Real Madrid and Barcelona, which export their brand to those Countries.
The new era players helped as well to grow this business. Players like Messi, Cristiano Ronaldo or Neymar can bring more profits than an entire football team.
A lot of important football team are in the stock and shares market, where it’s possible to buy stocks of those teams and hope for the best.
To mention the most important ones, we have:
1 Real Madrid £2.52bn
2 Barcelona £2.46bn
3 Manchester United £2.3bn
4 Bayern Munich £1.85bn
5 Arsenal £1.4bn
6 Manchester City £1.33bn
7 Chelsea £1.15bn
8 Liverpool £1.07bn
9 Juventus £900m
10 Tottenham £704m
This can give you an idea about the business we are talking about.
The big news is that now it’s possible to do CFDs football trading, and not only buying shares.
IQ Option, the most famous CFDs broker in the world, introduced in June 2018 the opportunity to trade CFDs of some of these top clubs, such as Juventus, Borussia Dortmund, Manchester United, A.S. Rome and Lyon to mention some.
One 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 stocks value will grow up or drop down without owning them.
The other big advantage is that it’s possible to start trading CFDs in football team just with $10 deposit and all for free.
To learn more about trading and the broker IQ Option please click the button below.