ASX 0.03% $65.96 asx limited

warning to all cfd: margin traders, page-42

  1. 2,988 Posts.
    Why would anyone want to trade CFDs. There is plenty of leverage in options and warrants and your risk is only what you pay for them.

    With CFDs people have lost millions and/or gone bankrupt - losing house, car, job (no trading capital left) and usually relationship breakdown and loss of the family follows.

    CFDs should never have been allowed in Aust- it is an un-policed form of margin lending with no real safeguards and potentially catastrophic affects on the individual and the market as a whole.

 
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