Which of the following statement regarding CFD is INCORRECT?

Select one:

a.

A retail financial product for exposure to share indices, commodities and foreign exchanges.

b.

The profit is determined by the difference between the price at which the position is opened and which the position is closed.

c.

CFDs are a leveraged product, which means that you only need to deposit a small percentage of the full value of the trade in order to open a position.

d.

Market prices are used to compute interest, and this is the same as margin lending on trading shares.

e.

CFDs are particularly useful in creating short positions in individual stocks.