I am a small-time player. Initially, I was thinking of trying out futures to trade indices. Unfortunately, the contract size is too huge for a small player like me. I stumbled upon CFDs which offer smaller contract size. Looks good initially until I discovered the interest charges. When trading index futures, there is no need to pay interest. Based on what I have read, it seems that I cannot avoid paying interest charges when trading indices using CFDs. Am I correct? I am using Interactive Brokers.