CFD stands for Contract for Difference. It is an agreement between two parties to exchange the difference between the opening price and closing price of the trade.
The CFD reflects the price fluctuation between the underlying asset opening price and the closing price
A trader can open a trade b placing a ‘long’ trade on the underlying asset. To make a profit, in this case, he wants the price of that instrument to rise.
You can also open a trade by placing a ‘Short’ trade on the share, index. To make a profit, you want the price of that instrument to fall.
Foreign Exchange and CFD trading involves significant risk of loss
CFD Trading is one of the hottest careers nowadays. The market comprises of all the major financial assets in the world, including Gold, Silver CFD Futures, Energies, Shares, and even ETFs.
Even if from browsing the web one can be confused by the amount of CFD brokers that are operation online there are only a few good CFD brokers
CFD Trading is not free of cost except commission there are other charges made by the brokers. 777options.com has been testing dozens of Brokers for a long time. Last week it published the official CFD Brokers comparison.
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