What are CFDs, and why do traders use them?

A contract for difference tracks the price of an underlying market. You do not take delivery of oil, gold, or Tesla shares. You take a position on the move, in either direction.

That is why Kemit lists 600+ CFDs in one place. It is also why risk is high: leverage magnifies both gains and losses, and you can lose more than your deposit. Read the Risk Disclosure Policy before you trade.