When trading indices, energies, stocks or commodities, you create an agreement with a broker to exchange the asset price difference between the time the contract opens and closes. Such trading doesn't imply the delivery of physical goods or securities. I.e. it offers an opportunity to profit from the difference in the assets price without physically owning them.
Traders who expect an upward movement in price buy the asset, while those who see the downward movement will sell an opening position.
This way you can trade indices, stocks, futures, commodities, currencies – basically, anything.
Please, pay attention that indices and energies have an expiration date, which you can check in the contract specification in your trading platform:
As you could notice, the contract name contains a letter and digits (for example, DAX30-20M or WTI-20M).
Digits represent the year of contract delivery; in the case above 20 means 2020 year.
And letters represent the delivery month with the reference to the following codes:
We'd like to remind you that according to the Customer Agreement:
3.3.4. In case of trading those contracts that have limited period of trading (expiration date), all orders executed on one contract will be closed by the last quote.
Also, please, consider that Swap Free option is not available for trading on these instruments.