CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. GOT IT
Reinforce your position through strong trading strategies and keep on top of your trading plans bearing in mind the CFD’s key expiry dates. Phoenix does not roll over positions in excess of maturity and therefore all positions which remain open after their expiry will automatically close. More details can be found in the table below.