Buying a financial instrument at the closing price of the previous trading session or near such price. This term is usually used in exchange trading; it is practically inapplicable in over-the-counter markets (including Forex).
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 58% of investor accounts lose money when trading CFDs with this broker. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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