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If you are a seasoned CFD trader or a beginner CFD trader the question must have crossed your mind, what is the difference between the two and what advantages does ASX CFD have over OTC CFDs? 

With ASX CFD you can trade the price movement of any equity, index FX or commodity like an OTC CFD. ASX CFD comes under the Sydney future exchange functioning and operations. The rules are set by the Sydney future exchange (SFE). The biggest advantage ASX CFDs have over OTC CFDs is that ASX CFDs offered under a more tightly regulated platform and is more transparent.

What is a CFD trading platform or software? 

A CFD trading platform allows clients to benefit from the advantages of CFD by giving direct market access to the global stock markets. Usually, some CFD brokers or providers use the same CFD platform as another provider. This is because they are relabeled as white label platforms. So if you are familiar with one of these, you will be able to understand the other as well. However, other CFD trading platforms may look and work in a completely different manner.