AFR article, page-155

CFD trading is defined as 'the buying and selling of CFDs', with 'CFD' meaning 'contract for difference'. CFDs are a derivative product because they enable you to speculate on financial markets such as shares, forex, indices and commodities without having to take ownership of the underlying assets.


I had traded CFDs for forex, commodities, and index, but stopped 10 years ago.
I wouldn't suggest to trade CFDs as It's extremely high risk, but it does give good experience. CFDs are sort of gambling.