Question: How does CFD trading work on MT4?
For product offered in a form of CFD, the brokers set a live price based on the cash market for the available financial instruments.
This allows traders to profit from buying long or selling short a particular instrument.
Simply put, CFDs are leveraged products which allows you to take a position for a fraction of the nominal trade value.
There is a number of CFD products offered as derivative products in the world.