Skip to content
EvercoreFX
EnglishLanguage
Log inOpen live account

Contracts for difference, explained plainly

A CFD tracks a price without owning the asset. Margin amplifies both outcomes. Most retail accounts that trade them lose money.

Product type
Derivative
Ownership
No underlying ownership
Key risk
Leverage
Financing
Check contract terms

§ 1

Margin is not the cost

Margin is the deposit. Your exposure is the full notional, and losses are measured against it.

§ 2

Margin calls

If equity falls below maintenance levels, positions may be closed automatically at unfavourable prices.

§ 3

Counterparty

A CFD is a contract with the provider. Its terms, not an exchange, define your rights.

CFD in context

Margin is not the cost

Hand signing a paper contract with a pen
Terms define your rights
Hands holding a tablet showing a candlestick chart
The workspace travels with you
Glass chess board mid-game against a dark background
Plan the exit before the entry

CFDs are complex instruments with a high risk of losing money rapidly due to leverage.

Continue in Trading

Fees & CommissionsMarket Hours & EventsFuturesTrading ToolsOrder TypesRisk Management
EvercoreFX

Multi-asset market research, account information and education. Explore markets here; account access belongs to the separate client portal.

Log inOpen live account

EvercoreFX

Company Information

Evercore GmbH

Große Gallusstraße 18
60312 Frankfurt
Deutschland

Regulatory reference identifiers: BaFin ID 10155472.

Risk warning. CFDs are complex leveraged instruments and can result in rapid losses. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money. Negative balance protection applies only where required by law and under the applicable account terms.

Investment disclaimer. Content, charts and market data are for informational and educational purposes only and are not investment advice or an offer or solicitation to buy or sell any financial instrument. Past performance is not an indicator of future results.

Market data. Market feeds, charts and indicators may be supplied by TradingView and other third-party data feeds, and are provided “as is” and “as available” without warranty of accuracy. Some feeds may be delayed or unavailable. Quotes shown are for context and are not executable.

Cryptoassets. Cryptoassets are highly volatile. Investor protections and compensation depend on the product and your jurisdiction. Tax may apply to profits.

© 2026 EvercoreFX. All rights reserved.