XJO 0.16% 8,071.2 s&p/asx 200

Hi,Long time follower of this forum, first-time poster.I have a...

  1. 12 Posts.
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    Hi,

    Long time follower of this forum, first-time poster.
    I have a question in regards to Australia 200 CFDs on IG.
    When buying or selling this instrument, if a profit is made, where does that profit come from?
    Are you betting against IG or are you making money from or losing money to other CFD traders similar to shares?
    Realise it's a nieve question to ask but have not been able to figure it out after some research.
 
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