mookie, as MakinMoney says you have to do the math.
Long term trades for CFDs would I imagine need nerves of steel or preferably pretty tight stops, much the same stops as you would use in a short term trade. But that then sorts of defeats the long term, buy and hold strategy as you would almost be bound to be whiplashed in and out.
The interest at 8.5% p.a. or so on the full value of the stock would I imagine take most of any profits that you were likely to make, that is unless you could get on to a "nirvana" stock that just kept going up if you were long , or going down if you shorted via CFDs.
Try it on paper first?
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