CFD stands for Contracts for Difference. It is simply margined trading. When the position is closed you pay or receive the profit or loss made on the trade.
A CFD is a derivative product and as such is not regulated on any exchange. As it is a margined product you only have to put up a fraction of the actual value of the trade you wish to do. We have introduced CFD’s on indices as well as FX onto the Meta Trader platform. These can be seen on the demo platform and it is advised that you practice trading them first if you are not familiar with the product.
People trade in CFDs for a variety of reasons