A CFD (Contract for Difference) lets you trade on the price movement of an asset — such as a currency pair, metal, index, or cryptocurrency — without owning the asset itself. You simply exchange the difference in the asset's price between the moment you open the position and the moment you close it.
Buy (long) if you expect the price to rise.
Sell (short) if you expect the price to fall.
Because you don't own the underlying asset, you can aim to profit in both rising and falling markets. CFDs are traded on margin and with leverage, which increases both potential gains and potential losses.
The instruments available to you and their exact conditions are listed on the Contract Specification page. To learn how CFD symbols and prices work, see Trading basics.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage.