Is CFD worth it for long-term investments?

Ethan03 Oct, 2024Finance

Contracts for Difference (CFDs) are a type of financial derivative that allows investors to speculate on the price movements of various assets without owning the underlying asset. In a CFD, the investor agrees to exchange the difference in the value of an asset from the time the contract is opened until it is closed. If the asset's value rises, the seller pays the buyer the difference; if the value falls, the buyer pays the seller. CFDs can be traded on various assets, including stocks, commodities, indices, and forex trading online.