The world of financial investment may seem complex, but recently CFD trading has emerged as a new option. This financial product, called "contracts for difference," allows you to bet on price fluctuations without directly owning the asset. It is attractive because it provides access to various asset classes such as traditional stocks, foreign exchange, commodities, and cryptocurrencies, but it also involves significant risks.
Understanding the core mechanism of CFDs
The basics of CFD trading are simple. If you think the price of a particular asset will rise, you open a long position(, and if you think it will fall,