Does anyone know what CFDs are and how they work

Question

Does anyone know what CFDs are and how they work

Answer 1

Contracts for Difference (CFDs)

CFD means Contract for Difference. They were developed to allow clients to receive all the benefits of owning a stock without having to physically own the stock. In other words you cannot take delivery of a CFD so you have to settle the difference between where you bought the contract and where you sold it. The difference is either profit or loss.  

Answer 2

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