CFDs are complex financial instruments and carry a high level of risk due to leverage. A significant proportion of retail investors incur losses when trading leveraged products such as CFDs. You should carefully consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your capital.
If you’re wondering what a CFD is, it stands for Contract for Difference. It’s an agreement between a trader and a broker to exchange the price difference of an asset between when the trade is opened and when it is closed. You don’t buy or sell the actual asset; you simply trade on its price movement.