Can US citizens buy CFDs?
I'm a US citizen and I'm wondering if it's possible for me to purchase CFDs. I've heard about these contracts for difference and I'm interested in exploring this investment option, but I want to make sure it's allowed for someone with my citizenship status.
How do CFDs work?
I'm trying to understand how Contracts for Difference (CFDs) operate. Could you explain the mechanics of CFDs and how they are used in trading?
What is the cost of CFDs?
I am interested in understanding the cost associated with CFDs. I want to know what factors influence the cost and how it is determined. Additionally, I would like to know if there are any hidden costs that I should be aware of.
Can you be charged for holding CFDs overnight?
I am holding some CFDs and was wondering if there are any charges for keeping them overnight. Do brokers typically levy fees for such holdings, or are there specific conditions under which these charges apply?
Are CFDs illegal in the US?
I'm interested in trading CFDs, but I'm concerned about their legality in the United States. I want to know if CFDs are considered illegal in the US or if there are specific regulations I should be aware of.