Global trading opportunities
CFD trading can be a high risk activity and may be banned in your jurisdiction.
A CFD or Contract for Difference is an agreement between two parties to the trade (Seller and Buyer) to exchange the difference in value between the opening and closing price for a particular asset without owning the asset. The trade opening price is the current fair price when the trade is made, and similarly the trade’s closing price would be the current fair price for the asset on close.
Put simply, a CFD is a contract between you and the market price. You can choose the Symbol you want to trade and enter a sell or buy Trade. They work like any other Symbol for trading but require more markets knowledge on the Symbol you are trading to increase taking profits and to reduce losses. They are regarded as higher risk than Forex due to sudden price changes based on market activity, news, speculation, and more complex supply and demand participants in the market. When a Trade is opened the CFD Symbol traded is based on a product from a variety of regulated global exchanges (shares, commodities, indices, energies, commodities, etc). CFDs usually have specific session times for Trading just like the underlying symbol from the exchange and this should be noted. CFDs are leveraged products which allow you to take more profit by examining opportunities across global markets.
Please note that forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors. Trading in financial instruments may result in losses as well as profits and your losses can be greater than your initial invested capital. Before undertaking any such transactions, you should ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure.
SM-INVEST is a trading name of Scope Markets Ltd. Financial Services are provided by Scope Markets Limited, registration number 145,138 (registered address: 5 Cork street, Belize City, Belize).Scope Markets Ltd is regulated by the International Financial Services Commission of Belize (IFSC) the license numbers IFSC/60/373/TS/20 and IFSC/60/373/BCA/20.
Jurisdictions and restrictions
Scope Markets does not offer its services to the residents of certain jurisdictions such as EU member states, Iceland, Norway, Liechtenstein, Afghanistan, Cote d'Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, USA, Syria, and Ecuador. Please check Restricted Countries.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
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