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What is a Contract for Difference (CFD)?

A Contract for Difference (CFD) is an over-the-counter (OTC) financial instrument traded directly with the company acting as the counterparty to each transaction. CFD prices are derived from the underlying asset and are not traded on an exchange.

Some CFDs may have an intraday break in addition to a daily market close, during which no transactions can be executed.

For more details, please refer to the Trading Conditions available under Legal Documents in your Client Portal or on our website.

Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85.06% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the full Risk Statement