{"id":786262,"date":"2023-10-18T16:48:48","date_gmt":"2023-10-18T13:48:48","guid":{"rendered":"https:\/\/www.etoro.com\/trading\/cfd-skills\/"},"modified":"2025-04-02T18:09:16","modified_gmt":"2025-04-02T15:09:16","slug":"cfd-skills","status":"publish","type":"page","link":"https:\/\/www.etoro.com\/ro\/trading\/cfd-skills\/","title":{"rendered":"CFD-uri testeaz\u0103-\u021bi cuno\u0219tin\u021bele"},"content":{"rendered":"\n<p class=\"is-style-summary\">Contractele pentru diferen\u021b\u0103 (CFD) sunt instrumente financiare care ofer\u0103 investitorilor posibilitatea de a tranzac\u021biona anumite categorii de active, la care altfel nu ar fi avut acces. Acestea pot p\u0103rea relativ complicate la prima vedere.<\/p>\n\n\n\n<hr class=\"wp-block-separator wp-block-separator-color-dark-grey wp-block-separator-spaces-medium wp-block-separator-weight-1\"\/>\n\n\n\n<p>Contractele pentru diferen\u021b\u0103 (CFD-uri) permit investitorilor <strong>s\u0103 <\/strong><strong>speculeze<\/strong><strong>asupra mi\u0219c\u0103rilor de pre\u021b ale activelor<\/strong>, f\u0103r\u0103 a le de\u021bine efectiv. Acestea ofer\u0103 acces la diverse pie\u021be \u0219i, datorit\u0103 levierului, amplific\u0103 expunerea la riscuri. Este important\u0103 o \u00een\u021belegere corect\u0103 \u00eenainte de tranzac\u021bionare.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Ce sunt contractele pentru diferen\u021b\u0103 (CFD-uri)?<\/h2>\n\n\n\n<p>Contractele pentru diferen\u021b\u0103 sunt produse derivate,<strong> fiind acorduri financiare \u00eentre dou\u0103 p\u0103r\u021bi<\/strong>, a c\u0103ror valoare depinde de activele de referin\u021b\u0103. CFD-urile permit investitorilor s\u0103 tranzac\u021bioneze diverse active la care altfel nu ar avea acces, oferind flexibilitate \u00een <a href=\"https:\/\/www.etoro.com\/ro\/investing\/how-to-build-a-diversified-portfolio\/\">diversificarea portofoliului.<\/a><\/p>\n\n\n\n<div class=\"wp-block-etoro-quizzes\">\n<div class=\"wp-block-etoro-quiz\" data-answer=\"1\"><div class=\"wp-block-etoro-quiz-body\"><div class=\"wp-block-etoro-quiz-question\">Ce este un produs derivat?<\/div>\n<div class=\"wp-block-etoro-quiz-item\">Un contract financiar a c\u0103rui valoare depinde de pia\u021ba de valori\u00a0<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Un contract financiar a c\u0103rui valoare depinde de performan\u021ba activului pe care \u00eel are la baz\u0103<\/div>\n<\/div><div class=\"wp-block-etoro-quiz-result\">\u00a0<\/div><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Cum func\u021bioneaz\u0103 CFD-urile?<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.etoro.com\/ro\/trading\/cfd\/\">CFD<\/a>-urile sunt instrumente care implic\u0103 <strong>tranzac\u021bionarea direct\u0103 \u00eentre un client \u0219i un broker<\/strong>. Aceast\u0103 opera\u021biune este cunoscut\u0103, de obicei, sub denumirea de tranzac\u021bie cu instrumente financiare derivate over-the-counter (OTC). Prevederile contractuale difer\u0103 \u00een func\u021bie de broker, dar exist\u0103, de regul\u0103, c\u00e2teva elemente comune:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li>primul pas \u00een tranzac\u021bionarea cu CFD-uri \u00eel reprezint\u0103 <strong>deschiderea unei pozi\u021bii pe un anumit activ,<\/strong> prin intermediul unui broker de CFD-uri.<\/li>\n\n\n\n<li><strong>majoritatea CFD-urilor nu au date de expirare<\/strong> \u2014 pozi\u021bia este \u00eenchis\u0103 atunci c\u00e2nd se face o tranzac\u021bie invers\u0103, iar diferen\u021ba dintre tranzac\u021bia de deschidere \u0219i cea de \u00eenchidere este \u00eenregistrat\u0103 ca profit sau pierdere.<\/li>\n\n\n\n<li>brokerii vor percepe, de cele mai multe ori, <strong>comisioane overnight<\/strong> pentru men\u021binerea deschis\u0103 a pozi\u021biilor CFD.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-etoro-quizzes\">\n<div class=\"wp-block-etoro-quiz\" data-answer=\"0\"><div class=\"wp-block-etoro-quiz-body\"><div class=\"wp-block-etoro-quiz-question\">Care sunt cele dou\u0103 p\u0103r\u021bi implicate \u00een tranzac\u021bionarea cu CFD-uri?<\/div>\n<div class=\"wp-block-etoro-quiz-item\">Un client \u0219i un broker<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Un client \u0219i consilierul s\u0103u financiar<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Doi clien\u021bi<\/div>\n<\/div><div class=\"wp-block-etoro-quiz-result\">\u00a0<\/div><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/12\/Body-Image-1_-CFD-business-models-5.png\" alt=\"\" class=\"wp-image-786336 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/12\/Body-Image-1_-CFD-business-models-5.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/12\/Body-Image-1_-CFD-business-models-5-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Modele de afaceri bazate pe CFD-uri<\/h2>\n\n\n\n<p>Brokerii pot utiliza diferite modele de abordare care pot fi aplicate \u00een cazul CFD-urilor. <strong>Exist\u0103 dou\u0103 modele principale, <\/strong><a href=\"https:\/\/financialmarket.ro\/terms\/market-maker\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>modelul Market-maker<\/strong><\/a><strong> (MM) \u0219i modelul de acces direct la pia\u021b\u0103 (DMA)<\/strong>, prezentate \u00een r\u00e2ndurile ce urmeaz\u0103:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Modelul Market-maker (MM)<\/h3>\n\n\n\n<p>Brokerul stabile\u0219te pre\u021bul CFD-ului \u0219i preia toate ordinele \u00een registrele proprii, \u00een func\u021bie de modelul de risc pe care l-a implementat. <strong>Pre\u021bul CFD-ului ar putea fi diferit de cel practicat pe pia\u021ba subiacent\u0103<\/strong>, deoarece brokerul ia \u00een considerare o serie de factori suplimentari.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Modelul de acces direct la pia\u021b\u0103 (DMA)<\/h3>\n\n\n\n<p>Brokerul permite tranzac\u021bionarea cu CFD-uri la <strong>pre\u021buri egale cu cele de pe pia\u021ba subiacent\u0103<\/strong>. Atunci c\u00e2nd este plasat un ordin CFD, brokerul execut\u0103 un ordin de <a href=\"https:\/\/www.etoro.com\/ro\/investing\/hedging-guide\/\">hedging<\/a> \u2014 un ordin pentru acela\u0219i instrument, dar \u00een sens invers \u2014 pentru a se asigura c\u0103 fiecare tranzac\u021bie cu CFD-uri are un echivalent.<\/p>\n\n\n\n<div class=\"wp-block-etoro-quizzes\">\n<div class=\"wp-block-etoro-quiz\" data-answer=\"1\"><div class=\"wp-block-etoro-quiz-body\"><div class=\"wp-block-etoro-quiz-question\">Ce model de afaceri utilizeaz\u0103 un broker care ofer\u0103 CFD-uri la pre\u021buri egale cu cele de pe pia\u021ba subiacent\u0103?<\/div>\n<div class=\"wp-block-etoro-quiz-item\">Model Market-maker<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Model de acces direct la pia\u021b\u0103<\/div>\n<\/div><div class=\"wp-block-etoro-quiz-result\">\u00a0<\/div><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Tranzac\u021bionare de active multiple cu CFD-uri<\/h2>\n\n\n\n<p>CFD-urile pot fi utilizate pentru a <strong>tranzac\u021biona mai multe tipuri de active<\/strong>, de\u0219i acest lucru depinde de brokerul ales. Printre activele care pot fi tranzac\u021bionate, se num\u0103r\u0103 urm\u0103toarele:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><a href=\"https:\/\/www.etoro.com\/ro\/discover\/markets\/currencies\">valute<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.etoro.com\/ro\/discover\/markets\/commodities\">m\u0103rfuri<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.etoro.com\/ro\/discover\/markets\/indices\">indici<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.etoro.com\/ro\/discover\/markets\/stocks\">ac\u021biuni<\/a><\/li>\n\n\n\n<li>obliga\u021biuni<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-etoro-quizzes\">\n<div class=\"wp-block-etoro-quiz\" data-answer=\"0\"><div class=\"wp-block-etoro-quiz-body\"><div class=\"wp-block-etoro-quiz-question\">M\u0103rfurile pot fi tranzac\u021bionate ca CFD-uri?<\/div>\n<div class=\"wp-block-etoro-quiz-item\">Da<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Nu<\/div>\n<\/div><div class=\"wp-block-etoro-quiz-result\">\u00a0<\/div><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Termeni cheie utiliza\u021bi \u00een cazul CFD-urilor<\/h2>\n\n\n\n<p>\u00cen tranzac\u021bionarea cu CFD-uri, este esen\u021bial s\u0103 \u00een\u021belegi <strong>termenii specifici care definesc modul \u00een care func\u021bioneaz\u0103 <\/strong>aceste instrumente financiare. Familiarizarea cu ace\u0219ti termeni te poate ajuta s\u0103 navighezi mai eficient pia\u021ba \u0219i s\u0103 iei decizii informate, gestion\u00e2nd riscurile asociate.<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>Ac\u021biune corporativ\u0103<\/strong> \u2014 un eveniment ini\u021biat de o companie listat\u0103 pe bursa de valori, care are impact asupra valorilor mobiliare emise de compania respectiv\u0103&nbsp;<\/li>\n\n\n\n<li><strong>Ordin stop<\/strong> \u2014 un ordin de cump\u0103rare sau de v\u00e2nzare a unui activ odat\u0103 ce pre\u021bul acestuia atinge un anumit nivel<\/li>\n\n\n\n<li><strong>Gapping\/slippage<\/strong> \u2014 diferen\u021ba dintre pre\u021bul la care se previzioneaz\u0103 c\u0103 va fi executat un ordin \u0219i pre\u021bul la care acesta este executat efectiv (fie pozitiv sau negativ)<\/li>\n\n\n\n<li><strong>Punct<\/strong> \u2014 o unitate de m\u0103sur\u0103 care indic\u0103 cea mai mic\u0103 modificare posibil\u0103 a pre\u021bului \u00een partea st\u00e2ng\u0103 a virgulei zecimale<\/li>\n\n\n\n<li><strong>Procentaj \u00een puncte (pip)<\/strong> \u2014 o unitate de m\u0103sur\u0103 care indic\u0103 cea mai mic\u0103 modificare posibil\u0103 a pre\u021bului \u00een partea dreapt\u0103 a punctului zecimal<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-etoro-quizzes\">\n<div class=\"wp-block-etoro-quiz\" data-answer=\"3\"><div class=\"wp-block-etoro-quiz-body\"><div class=\"wp-block-etoro-quiz-question\">Care este termenul folosit pentru a exprima diferen\u021ba dintre pre\u021bul previzionat \u0219i pre\u021bul real al unei tranzac\u021bii?<\/div>\n<div class=\"wp-block-etoro-quiz-item\">Marje de profit<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Punct<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Levier<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Slippage<\/div>\n<\/div><div class=\"wp-block-etoro-quiz-result\">\u00a0<\/div><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/12\/Body-Image-2_-Leverage-and-margin-with-CFDs-6.png\" alt=\"\" class=\"wp-image-786429 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/12\/Body-Image-2_-Leverage-and-margin-with-CFDs-6.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/12\/Body-Image-2_-Leverage-and-margin-with-CFDs-6-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Levierul \u0219i marja \u00een cazul CFD-urilor<\/h2>\n\n\n\n<p>CFD-urile sunt tranzac\u021bionate folosind efectul de levier, presupun\u00e2nd preluarea de fonduri, denumite \u201emarj\u0103\u201d, pentru a ob\u021bine <strong>acces la o cantitate mai mare de active<\/strong>. Pentru a deschide pozi\u021bia, un investitor pl\u0103te\u0219te un procent din valoarea CFD-ului, nu valoarea total\u0103 a acestuia.<\/p>\n\n\n\n<p>De exemplu, dac\u0103 un investitor are 100 USD pentru a investi \u00eentr-un CFD, dar brokerul ofer\u0103 levier de 1:5, teoretic investitorul ar putea deschide o pozi\u021bie \u00een valoare de 500 USD. Acest lucru \u00eei permite s\u0103 deschid\u0103 <strong>o<\/strong> <strong>pozi\u021bie mai mare cu mai pu\u021bin capital<\/strong>, dar amplific\u0103 \u0219i orice eventuale pierderi \u00eenregistrate.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Rata de marj\u0103<\/h3>\n\n\n\n<p>Rata de marj\u0103 reprezint\u0103 <strong>rata de dob\u00e2nd\u0103<\/strong> care se aplic\u0103 atunci c\u00e2nd investitorii tranzac\u021bioneaz\u0103 cu efect de levier \u0219i \u00een marj\u0103. Aceast\u0103 rat\u0103 este stabilit\u0103 de broker \u0219i variaz\u0103, de cele mai multe ori, \u00een func\u021bie de activul tranzac\u021bionat.<\/p>\n\n\n\n<div class=\"wp-block-etoro-quizzes\">\n<div class=\"wp-block-etoro-quiz\" data-answer=\"1\"><div class=\"wp-block-etoro-quiz-body\"><div class=\"wp-block-etoro-quiz-question\">Ce se \u00eent\u00e2mpl\u0103 cu raportul risc\/randament al unei tranzac\u021bii atunci c\u00e2nd se utilizeaz\u0103 efectul de levier?<\/div>\n<div class=\"wp-block-etoro-quiz-item\">Riscul cre\u0219te \u00een timp ce randamentul poten\u021bial scade<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Riscul cre\u0219te \u00een timp ce randamentul poten\u021bial cre\u0219te<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Riscul scade \u00een timp ce randamentul poten\u021bial scade<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Riscul scade \u00een timp ce randamentul poten\u021bial cre\u0219te<\/div>\n<\/div><div class=\"wp-block-etoro-quiz-result\">\u00a0<\/div><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Avantajele tranzac\u021bion\u0103rii cu CFD-uri<\/h2>\n\n\n\n<p>Tranzac\u021bionarea CFD-urilor ofer\u0103 avantaje precum accesul la diverse pie\u021be, posibilitatea de a specula at\u00e2t cre\u0219terea, c\u00e2t \u0219i sc\u0103derea pre\u021burilor \u0219i utilizarea efectului de levier. Acestea permit, de asemenea, diversificarea portofoliilor \u0219i o mai mare <strong>flexibilitate \u00een strategii de tranzac\u021bionare<\/strong>.<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>Acces la pie\u021be globale<\/strong> \u2014 CFD-urile ofer\u0103 acces la o serie de pie\u021be care altfel nu ar fi disponibile investitorilor individuali<\/li>\n\n\n\n<li><strong>Tranzac\u021bionare cu efect de levier<\/strong> \u2014 tranzac\u021bionarea cu efect de levier le permite investitorilor s\u0103 deschid\u0103 pozi\u021bii mai mari cu mai pu\u021bin capital<\/li>\n\n\n\n<li><strong>V\u00e2nzare \u00een lips\u0103<\/strong> \u2014 CFD-urile ofer\u0103 posibilitatea investitorilor s\u0103 ob\u021bin\u0103 un eventual c\u00e2\u0219tig at\u00e2t de pe urma sc\u0103derii pre\u021burilor (short), c\u00e2t \u0219i a cre\u0219terii acestora (long). Prin urmare, investitorii pot folosi CFD-urile ca m\u0103sur\u0103 de protec\u021bie \u00eempotriva eventualelor pierderi \u00eenregistrate de alte active dintr-un portofoliu de investi\u021bii<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Riscurile tranzac\u021bion\u0103rii cu CFD-uri<\/h2>\n\n\n\n<p>Tranzac\u021bionarea cu CFD-uri implic\u0103 <a href=\"https:\/\/www.etoro.com\/ro\/investing\/risk-management\/\">riscuri<\/a> semnificative, cum ar fi pierderile care pot dep\u0103\u0219i investi\u021bia ini\u021bial\u0103, din cauza efectului de levier, \u0219i volatilitatea pie\u021bei, care poate duce la fluctua\u021bii rapide ale pre\u021burilor. O <strong>gestionare atent\u0103 a riscurilor <\/strong>este esen\u021bial\u0103.<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>Tr<\/strong><strong>anzac\u021bionare cu efect de levier<\/strong> \u2014 tranzac\u021bionarea cu efect de levier poate amplifica pierderile \u00eenregistrate de o pozi\u021bie deschis\u0103<\/li>\n\n\n\n<li><strong>Volatilitate<\/strong> <strong>\u2014<\/strong> CFD-urile sunt legate de activele suport \u0219i, prin urmare, vor fi afectate de condi\u021biile de pia\u021b\u0103 care influen\u021beaz\u0103 acele active<\/li>\n\n\n\n<li><strong>Lichiditate<\/strong> <strong>\u2014 <\/strong>dac\u0103 activul suport care este tranzac\u021bionat are o lichiditate foarte sc\u0103zut\u0103 sau tranzac\u021bionarea pe o burs\u0103 este suspendat\u0103, ar putea fi \u00eengreunat\u0103 tranzac\u021bionarea CFD-urilor sau \u00eenchiderea unei pozi\u021bii<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-etoro-quizzes\">\n<div class=\"wp-block-etoro-quiz\" data-answer=\"1\"><div class=\"wp-block-etoro-quiz-body\"><div class=\"wp-block-etoro-quiz-question\">CFD-urile nu sunt afectate de volatilitatea pie\u021bei.<\/div>\n<div class=\"wp-block-etoro-quiz-item\">Adev\u0103rat<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Fals<\/div>\n<\/div><div class=\"wp-block-etoro-quiz-result\">\u00a0<\/div><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Taxe \u0219i comisioane care se aplic\u0103 CFD-urilor<\/h2>\n\n\n\n<p><strong>CFD-urile sunt supuse unor <\/strong><a href=\"https:\/\/www.etoro.com\/ro\/trading\/fees\/\"><strong>comisioane \u0219i taxe<\/strong><\/a> care este posibil s\u0103 nu se aplice \u00een cazul altor instrumente financiare. Aceste taxe vor varia \u00een func\u021bie de broker \u0219i pot include:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>Taxe overnight<\/strong><\/li>\n\n\n\n<li><strong>Rate de marj\u0103<\/strong><\/li>\n\n\n\n<li><strong>Dob\u00e2nd\u0103 pentru pozi\u021biile short<\/strong><\/li>\n\n\n\n<li><strong>Comisioane<\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/12\/Body-Image-3_-Good-CFD-trading-practices-5.png\" alt=\"\" class=\"wp-image-786450 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/12\/Body-Image-3_-Good-CFD-trading-practices-5.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/12\/Body-Image-3_-Good-CFD-trading-practices-5-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Reguli de bun\u0103 practic\u0103 \u00een tranzac\u021bionarea cu CFD-uri<\/h2>\n\n\n\n<p>Av\u00e2nd \u00een vedere riscurile CFD-urilor, investitorii trebuie <strong>s\u0103 implementeze principii de bun\u0103 practic\u0103<\/strong>, precum folosirea ordinelor <a href=\"https:\/\/www.etoro.com\/ro\/trading\/how-to-set-stop-loss-and-take-profit-targets\/\">stop-loss sau take-profit<\/a> pentru a \u00eenchide automat o pozi\u021bie. Diversificarea portofoliului \u0219i evitarea aloc\u0103rii \u00eentregului capital \u00eentr-o singur\u0103 pozi\u021bie sunt cruciale.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Concluzie<\/h2>\n\n\n\n<p>Contractele pentru diferen\u021b\u0103 pot oferi oportunit\u0103\u021bi suplimentare pentru investitori, \u00eentruc\u00e2t permit tranzac\u021bionarea unei game variate de active \u0219i utilizarea efectului de levier pentru a deschide pozi\u021bii mai mari. Totu\u0219i, CFD-urile prezint\u0103 un risc ridicat, implic\u00e2nd <strong>o cercetare am\u0103nun\u021bit\u0103.<\/strong><\/p>\n\n\n\n<p>Intr\u0103 pe <a href=\"https:\/\/www.etoro.com\/ro\/academy\/\">Academia eToro<\/a> pentru a afla mai multe despre contractele pentru diferen\u021b\u0103.<\/p>\n\n\n\n<hr class=\"wp-block-separator wp-block-separator-color-dark-grey wp-block-separator-spaces-medium wp-block-separator-weight-1\"\/>\n\n\n\n\t\t<style>\n\t\t\t.rtl .etoro-block-shortcode-disclaimer {\n\t\t\t\ttext-align:right;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\tmargin-bottom:18px;\n\t\t\t\ttext-align:left;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer p{\n\t\t\t\tfont-size: 12px;\n\t\t\t\tline-height: 18px;\n\t\t\t}\n\t\t\t@media (min-width: 768px) {\n\t\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\t\tmax-width:1176px;\n\t\t\t\t\ttext-align:center;\n\t\t\t\t}\n\t\t\t\t.etoro-block-shortcode-disclaimer p {\n\t\t\t\t\tfont-size: 14px;\n\t\t\t\t\tline-height: 20px;\n\t\t\t\t}\n\t\t\t}\n\t\t<\/style>\n\t\t<div class='etoro-block-shortcode-disclaimer'><p>Informa\u021biile din acest ghid au exclusiv scop educativ \u0219i nu ar trebui considerate drept sfaturi pentru investi\u021bii sau recomand\u0103ri personale, nici oferte sau solicit\u0103ri de cump\u0103rare sau v\u00e2nzare a oric\u0103ror instrumente financiare.<\/p>\n<p>Acest material a fost preg\u0103tit f\u0103r\u0103 a lua \u00een considerare orice fel de obiective particulare de investi\u021bii sau situa\u021bii financiare \u0219i nu a fost creat \u00een conformitate cu cerin\u021bele legale \u0219i de reglementare a promov\u0103rii cercet\u0103rii independente.<\/p>\n<p><strong>Nu toate instrumentele \u0219i serviciile financiare men\u021bionate sunt oferite de eToro<\/strong> \u0219i orice referiri la performan\u021ba anterioar\u0103 a unui instrument financiar, index sau pachet de investi\u021bii, nu sunt \u0219i nu ar trebui considerare un indicator fiabil al rezultatelor viitoare. <strong>Disponibilitatea tuturor produselor \u0219i serviciilor men\u021bionate mai sus poate varia \u00een func\u021bie de jurisdic\u021bie \u0219i \u021bar\u0103.<\/strong><\/p>\n<p>eToro nu face nicio declara\u021bie \u0219i nu \u00ee\u0219i asum\u0103 nicio responsabilitate cu privire la acurate\u021bea sau caracterul complet al con\u021binutului acestui ghid. Asigur\u0103-te c\u0103 \u00een\u021belegi riscurile implicate \u00een tranzac\u021bionare \u00eenainte de a implica capital. Nu risca niciodat\u0103 mai mult dec\u00e2t e\u0219ti preg\u0103tit s\u0103 pierzi.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Contractele pentru diferen\u021b\u0103 (CFD) sunt instrumente financiare care ofer\u0103 investitorilor posibilitatea de a tranzac\u021biona anumite categorii de active, la care altfel nu ar fi avut acces. Acestea pot p\u0103rea relativ complicate la prima vedere. Contractele pentru diferen\u021b\u0103 (CFD-uri) permit investitorilor s\u0103 speculezeasupra mi\u0219c\u0103rilor de pre\u021b ale activelor, f\u0103r\u0103 a le de\u021bine efectiv. Acestea ofer\u0103 acces&hellip;<\/p>\n","protected":false},"author":101,"featured_media":786472,"parent":31826,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"sticky_cta_settings":"","footnotes":""},"asset_type":[6601],"class_list":["post-786262","page","type-page","status-publish","has-post-thumbnail","hentry","asset_type-is-cfd"],"acf":[],"yoast_head":"<title>Testeaz\u0103-\u021bi cuno\u0219tin\u021bele despre CFD-uri \u2502eToro<\/title>\n<meta name=\"description\" content=\"Ce sunt contractele pentru diferen\u021b\u0103? 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