CFDs are a bad joke. “You don’t own the stock at all, and your purchases won’t affect the price, and we sell your buy order data to exchanges so they know how to fuck you, and if you get lucky we’ll definitely prevent your trades - but hey, happy trading!”
I guess there are valid use cases for CFDs such as securing an aquisition or a loan against stocks. But it’s not an instrument to get rich with for private investors.
CFDs are a bad joke. “You don’t own the stock at all, and your purchases won’t affect the price, and we sell your buy order data to exchanges so they know how to fuck you, and if you get lucky we’ll definitely prevent your trades - but hey, happy trading!”
I guess there are valid use cases for CFDs such as securing an aquisition or a loan against stocks. But it’s not an instrument to get rich with for private investors.