CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading 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.
A CFD (Contract for Difference) allows you to trade based on price movements of assets like stocks, currency pairs, gold, or oil without owning them. You can open a position predicting whether the price will rise or fall, aiming to profit from these changes.
CFDs are popular because they offer flexibility. With leverage, you can control a larger position using less capital, which increases both potential gains and losses. You can also trade in both directions—buying (going long) if you expect prices to rise or selling (going short) if you think they will fall. Additionally, CFDs provide access to a wide range of markets, allowing traders to diversify their strategies.