proposed changes to cfd legislation, page-17

  1. 820 Posts.
    gse, your reply is exactly why i wasn't going to bother posting here...some people are just so set in what they believe, that they have no desire to actually investigate or accept the truth!

    In simple terms, to suggest your losses from a losing trade on a DMA model go straight to the CFD provider, is as absolutely ridiculous as suggesting that when you make a losing trade in a regular equities account say through Commsec or Westpac, that the money you've lost goes straight to them.

    As I said....misinformation.

    No doubt you'll come back with another rant, but I won't waste any more time trying to explain the differences between models.

    Many less experienced traders have felt burnt by a Market Maker CFD provider, and it's a pity because it's usually their lack of understanding that there is a more transparent model (DMA), that has caused that grief.

 
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