sorry worn - had to run last night
What are CFDs?
CFDs are a way of trading on the price movements of financial markets around the world without buying or selling the underlying asset directly. They provide the opportunity to make profits (or losses) from a wide range of markets including equities, indices, currencies and commodities.
CFDs can be used to speculate on upward or downward price movements, making them a flexible alternative to traditional trading.
How do CFDs work?
A CFD (Contract for Difference) is basically an agreement to exchange the difference between the opening and closing value of a contract at its close. Rather than buying or selling the underlying instrument on which your contract is based, you simply place a trade with a CFD provider. The price of your CFD will then replicate the price of the underlying asset giving you a profit (or a loss) as the price of the underlying moves.
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