Tag Archives: contracts for difference

UK watchdog warns of “serious risk of harm” from spread-betting

Copyright: piovesempre / 123RF Stock Photo

Britain’s financial watchdog has warned spread-betting firms of poor practices, following a review by the Financial Conduct Authority (FCA) related to the industry’s use of contracts for difference (CFD) A warning letter has stated consumers are “at serious risk of harm,” after finding that the majority of customers lost money through their trades. The regulator revealed that it found 76% …

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