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Dannygold

1,207 Posts.

173

05/07/19

19:11

Post #: 39397771
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Originally posted by Nige456: ↑

theres a lot of competition in CFD broking. dominated by IG and CMC currently...and a lot of competition. Ozforex isnt a CFD broker, its a retail FX agent.

Remember this is just a broker, a middleman who clips the ticket. CFD broking is quite low margin and there is no comparable listed on the ASX. Comparables are CMC and IG, in the UK, and they are far larger.

i use CFD occasionally, and thinkmarkets spreads/costs arent anywhere as good as CMC or IG. those are the 2 best ones imho for CFDs. Plus500 is a rip off imho.

Sezzle/Afterpay are consumer retail payments stocks. Totally different area.

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Agree. Not all fintechs are created equal. I won't even classify CFD brokers as fintech. The tech part is laughable.
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