With regard to CMC, I understand that they are a market maker, I have also spoken to the Australian Stock report who are an authorised representative of CMC (according to their website) and who said that I should trade their CFD recommendations via CMC. So as i understand it, if I lose money on a recommendation then CMC are profiting? isn't this a conflict of interest?
I understand the other risks of CFDs but this would appear to be tilting the tables in the providers favour.