By trading industry-specific CFD groups, you can invest in the most relevant names in a given business field at once, benefiting from the success of each one and shielding yourself from the failures of some of them, if such companies exist. It is a great way to invest quickly and safely into a rapidly-developing market at a small entry cost, as you won’t have to open separate orders on each individual company within that group.
One profitable suggestion we have for you are Automotive CFDs. This group combines the shares of some of the most famous car-makers in the world like Ford and Porsche, companies that have stayed profitable for a very long time and have not been too shaken up by the coronavirus pandemic.
The demand for cars is constantly increasing, but it’s rising now especially as many developed countries have defeated the pandemic and people are once again yearning to spend and travel. Moreover, many automakers have taken steps to make their business models more sustainable by developing hybrid and electric vehicles, which is a growing market within the automotive industry.
You can trade Automotive CFDs by opening a ECN account: https://superforex.com/ecn-standard-account
