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Forex Trading What is a Contract for Difference?
avatar Catkathyy
Question by: Jeremy - 22 Feb 2017, 05:30:07
What is a Contract for Difference?
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avatar user 11949
Answer by: Henry - 22 Feb 2017, 05:31:38

CFDs. 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.

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