Zenstox explains the CFD democracy in online investing
Not so long-ago investing was a big hassle and demanded hefty fees when opening new positions.
It took a lot of time and, in general, was reserved for professional investors and big institutions. The contracts for difference or CFDs changed all that. Thanks to them, anyone can join the market and invest in stocks, commodities, cryptocurrencies, indices, and, of course, forex. The key benefit of the CFD is that you do not hold an actual stock. You trade on where its price will go.