How do Lightning CFDs work?

When you trade a Lightning CFD, you're entering a contract to speculate on the price movement of a cryptocurrency. Your profit or loss depends on how the price of the cryptocurrency moves relative to your position.

 

If you expect the price to rise, you open a long position (buy the CFD).

 

If you expect the price to fall, you open a short position (sell the CFD).

 

It's important to note that you never actually own the underlying cryptocurrency. Instead, you profit or incur a loss based on the difference between the entry and exit prices of the contract.