BRVX Glossary · CFD (contract for difference) · Updated September 25, 2026
A CFD, or contract for difference, is a derivative in which a trader and a provider exchange the difference in an asset's price between opening and closing the contract. It gives leveraged long or short exposure to stocks, indexes, commodities or currencies without owning them.
The formula
CFD profit (Close − Open) × Units Short: (Open − Close) × Units
The contract pays only the change in price, multiplied by your size.
How it works
- Open Long or short
- Price moves Difference accrues
- Close Difference settled
On this page
How a CFD differs from a perpetual
- A CFD is a bilateral contract with a broker; the broker sets the price and the financing charge.
- CFDs charge overnight financing on positions held past a cut-off; perpetuals use a funding rate settled on a fixed clock.
- CFDs are banned for retail clients in the US and capped in leverage in the EU and UK.
Costs
Spread, commission on some products, and overnight financing that grows with holding time.
On BRVX
BRVX does not offer CFDs. It offers synthetic perpetual futures quoted in USDT, with funding every hour and a fee on opening and closing. BRVX does not provide services to US persons.
Questions about CFD (contract for difference)
Are CFDs legal in the US?
No. Retail CFD trading is not permitted in the United States.
Do you own the asset with a CFD?
No. A CFD tracks the price only.
Is a CFD the same as a perpetual future?
No. Both give leveraged price exposure without ownership, but they differ in who sets the price and how holding costs are charged.
Leverage works both ways: a small move against you can lose you the whole margin.
CFD (contract for difference): next steps on BRVX
CFD (contract for difference) on AMD/USDT today: 5x to 100x, fees 0.05% in and 0.05% out, funding 0.0034% long and 0.0034% short per hour.
Read next: Derivatives, Perpetual futures and Leverage.
Leverage works both ways: a small move against you can lose you the whole margin.
Open AMD/USDT in the app
Open appLeverage raises both gains and losses. Start with a size you are comfortable with. Not available to US persons.