Tradefair & Financials
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Do any of you guys CFDs?
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Replies: 9
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*use CFDs*
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cfd's here in aust are currently being investigated by the regulator.He has concerns they are "just gambling products in which the unsophisticated investor is regualrly taken to the cleaners "
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That's quite interesting.
Are there many firms out there that give advice? |
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who is offering you advice over here, iliffer?
i know most of them |
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do you know any good firms?
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they are all pirates, belive me.
less than 0.1% of ALL private client CFD accounts in his country make money. |
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Bank, totally agree with you all a waste of time ( the one based in Cornwall the worst).you have as much chance using your own knowledge to make money. Downside is ,you have to pay capital gains unlike spread betting
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Totally agree with advice on here. Advise leaving CFDs well alone. Advisory CFD brokers will almost certainly lose you money, and agree the one based in Cornwall has lost a lot of people money.
Try out minimum stakes spread betting with stops or better a demo account and see how you go. |
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What's the benefit of CFDs? The way I see it, if you're small, use spreadbetting. If you're going big, direct market access is the only way forward if you're going to be paying tax, anyway.
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