Common comparison error
The same symbol under CFD can denote spot, futures, index, derivative, model, or Call put binary option.
A leveraged contract for difference whose profit or loss changes with price movement. It is not a fixed-payout binary option.
The same symbol under CFD can denote spot, futures, index, derivative, model, or Call put binary option.
Read CFD together with Binary option, Call/Put binary option, Commodity binary option. The comparison must preserve the exact rule, value, state, and evidence described below.
An index CFD follows a calculated basket. Constituents, weights, market close, source, and Binary option are checked instead of treating it as one share. The result is classified under CFD because profit and loss vary with leveraged price movement and liquidation mechanics rather than a fixed binary payoff.
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.