When it comes to trading currency pairs as CFDs, what you’re essentially doing is trading on the price movement of your chosen currency pair, without having to purchase the underlying asset (in this case, any actual currency). It's the same for trading shares, commodities, ETFs and index CFDs, which are valued in a certain currency. Opening a Buy or Sell deal on your chosen CFD instrument using the iFOREX trading platform allows you to take advantage of potential opportunities from these price changes.
How does trading CFDs work? Print
Modified on: Wed, 13 Jan, 2021 at 11:06 AM
Did you find it helpful? Yes No
Send feedbackSorry we couldn't be helpful. Help us improve this article with your feedback.