Just want to dispel a myth here. CFDs are not at all dangerous, it is the leverage that gets people into trouble (ie betting money you cannot afford).
If you trade with a reputable CFD provider such as FPmarkets where you have DMA (direct market access) and they only make money from commissions then CFDs work in EVERY aspect exactly like any other broking house.
And you can have either a leverage account or a non-leveraged one.
PS: I use FPmarkets but have no affiliation with them nor do I receive anything from them.
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Just want to dispel a myth here. CFDs are not at all dangerous,...
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