What is the difference between CfDs and forex trading?

When you trade CFDs, you have the opportunity to select different contracts that vary in increment value and currency type, depending on the country in which the underlying asset originates. Forex trading is about trading one currency against another currency and always involves trading in uniform lot sizes.

What are forex CFDs & how do they work?

5. Contract for Difference (CFD): Forex CFDs are derivative contracts that allow traders to speculate on the price movements of currency pairs without owning the underlying asset. CFDs are popular among retail traders due to their accessibility and leverage.

What is the difference between a CFD and a forex broker?

There isn’t much diversity in the forex markets. For example, most forex brokers offer the major eight currency pairs, but also allow you to trade up to 70 other minor currencies. CFDs give you more freedom. For instance, you can trade commodities, indices, shares, ETFs, forex and more using CFDs.