Mastercard Inc
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Mastercard Inc
Mastercard is a US financial services company with headquarters in New York. Founded in 1966, the business focuses on processing payments between merchant banks and card-issuing banks of purchasers who use the brand’s debit, credit, and prepaid cards to make transactions. It’s one of the largest payment networks in the world, operating in more than 210 countries and serving individual consumers, businesses of all sizes, governments, and financial institutions. There’s approximately 1 billion Mastercard credit cards circulating across the world as of 2022, and the company also owns subsidiary brands such as Maestro, Mondex, and Cirrus. Mastercard stock is listed on the New York Stock Exchange and is a constituent of the S&P 500 index. Start trading CFDs on our Mastercard share price.
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A contract for difference (CFD) is a derivative product which enables you to trade on the price movements of underlying financial assets (such as forex, indices, commodities, shares and treasuries). It's an agreement to exchange the difference in the value of an asset from the time the contract is opened until the time it's closed.
With a CFD, you never actually own the asset or instrument you're trading, but you can still benefit if the market moves in your favour, or make a loss should the market move against you.
Trading CFDs involves trading on leverage, which means that you can enter a position with a set initial deposit, known as the margin requirement. It's important to remember that leverage amplifies your gains and losses in equal measure, based on the full value of the trade, and not just the initial margin amount. Learn more about CFD trading