Load its not for me to educate you about different providers and products in the market. I have a view, you can form your own. But to point you in the right direction:
Regarding cfd's they are banned in the US. You could research the SEC as to why.
Regarding financial services regulation in this country, go have a read of the Hayne Royal Commission reports for how fair and effective that is.
For products regulated by ASX including shares and options (eto's), ASX Clear secures your holdings against broker failure. Not the case with cfd's. Not sure how forex trading transactions work, but the massive leverage involved is capable of taking down a broker if it goes wrong, meaning I dont want my broker dealing in retail forex.
Here's one article to get you started on your research on cfds:
disallowed/business/when-brokers-are-the-enemy-20100827-13w40.html
And another one for you on forex:
disallowed/business/markets/the-dark-underworld-of-forex-trading-20150121-12uoi9.html
Up to you if you want to play in that space, but trading is hard enough without adding broker risk to my positions.
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