The term CFD stands for Contract for Difference. CFDs allow traders take position on whether the value of a financial market will rise or fall in short, medium or long term. With CFDs, traders don’t own the underlying asset because they are simply speculating on the movement of its price. CFDs are a leveraged product, meaning traders are only required to deposit a small initial deposit in order to gain a much larger market exposure.
There is a high level of risk involved when trading leveraged products such as Forex/CFDs. The leveraged nature of Forex/CFD trading means that any market movement will have an equally proportional effect on your capital. When trading or investing, you must always take into consideration the level of your experience. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. If the risks involved seem unclear to you, please apply to a qualified financial advisor for an independent and professional advice.
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