Contracts for Difference (CFD) are financial instruments designed for speculating on the price changes of an asset without the need to own the underlying asset itself. When entering into a CFD, two parties—the buyer and the seller—agree that the seller will pay the buyer the difference between the current price of the asset and its price at the time of closing the contract. If the difference is negative, the buyer pays it to the seller. CFDs can be associated with various underlying assets such as stocks, indices, currencies, commodities, and others. This instrument is characterized by low commissions, the ability to control large sums with a smaller amount of capital, and the flexibility to trade both long and short positions without any restrictions.