Golden Brokers’ financial analysts have prepared top three books on CFD trading to help you succeed in the extremely volatile financial markets. 

They recommend studying markets while trading online with demo accounts before entering real financial markets. However, the following selection provides some useful guidance and feedback even to experienced traders.

TOP 3 books on CFD trading 

1. Contracts for Difference: Master the Trading Revolution Catherine Davey

2. CFDs Made Simple: A Straightforward Guide to Contracts for Difference Peter Temple

3. Trade Like a Pro: 15 High-Profit Trading Strategies Noble DraKoln

1. Contracts for Difference: Master the Trading Revolution Catherine Davey

The top position of Contracts for Difference: Master the Trading Revolution in a library of Golden Brokers’ analytical team is earned by the real insight that Catherine Davey reproduces thanks to her own experience with CFD trading.

The author recounts her career in the business, involving readers in the psychology of trading, understanding of which is a basis for being a successful trader in the long run. 

While not being too vast and protracted, the book covers all important aspects on the topic that any newcomer should know; from principles of CFDs and how to trade them in comparison to shares, to other derivatives options. The book provides even more difficult lessons, e.g. how to profit from bear markets or fruitfully use various techniques, including charts.

Markets have gone a long way since the book was first published in 2003. However, it still makes sense to place it as a first book to read for both beginners and experienced traders allured by contracts for difference. One argument for all: Davey was one of the first experts to have forecasted the massive arrival of CFDs from institutional players to the retail market.

If you like the way Davey thinks and writes about otherwise complicated financial instruments, we suggest that you follow up her further writings Making Money from CFDs and The Diary of a CFD Trader: How to Make Serious Money from Contracts for Difference.

2. CFDs Made Simple: A Straightforward Guide to Contracts for Difference

Peter Temple

Peter Temple, an experienced author of financial books, provides brief yet complex overview of CFD trading. From market background and derivatives principles through how CFDs work in detail up to the risks of leveraged instruments to be fully understood.

The book proves that its author has a long-term experience as an analyst (City), and can reveal how markets work.

CFDs Made Simple deals with practical matters including how to setup your own CFD trading account, or ways to consider your trades to make a profit. Trading strategies include pairs trading, relative value trades or hedging. To sum up, the book provides useful information on fundamental strategies.

We award the Temple’s book the 2nd position among TOP books on CFD trading for its concise, complex, educational and real-life touch, all in one thin volume.

3. Trade Like a Pro: 15 High-Profit Trading Strategies

Noble DraKoln

The ultimate quality of our CFD book “number three” is its focus on risk management. Unlike Catherine Davey’s Contracts for Difference: Master the Trading Revolution, the trader’s guide by DraKoln is mainly aimed at intermediate and advanced traders striving to become successful professionals.

The book contains comprehensive introduction to all basic trading strategies that any trader should be familiar with.  The story covers various instruments, including futures, options and spot trading. The author does not force a single approach upon readers but shows pros and cons of any relevant strategy that is appropriately discussed and explained. 

Noble DraKoln provides a convincing story where an unsuccessful retail trader transforms into a professional, controlling his capital with a sophisticated approach.