Mohammed Abdullah Posted July 3, 2020 Share Posted July 3, 2020 I understand trading, but what does CFD trading mean? Can anyone help? Quote Link to comment Share on other sites More sharing options...
0 Sam Boughedda Posted July 3, 2020 Share Posted July 3, 2020 CFD stands for contract for difference. It is a contract between you, the trader and your broker that pays the difference in the settlement price between the opening and closing of the trades you take. With CFD trading you are essentially speculating on the direction of price movements, as you do not own the underlying asset that you are trading. Quote Link to comment Share on other sites More sharing options...
Question
Mohammed Abdullah
I understand trading, but what does CFD trading mean? Can anyone help?
Link to comment
Share on other sites
1 answer to this question
Recommended Posts
Join the conversation
You can post now and register later. To reply to this question, sign in or create a new account.