What the review found
ASIC reported nearly $40 million returned to more than 38,000 retail investors following a review of 52 licensed CFD issuers. Among its concerns were margin discounts on opposing positions that increased funding costs without allowing a profit from those opposing positions.
Sources: [1]
Why it belongs in a broker comparison
A low spread or reduced margin requirement does not describe the full cost of an account. Financing and product design can materially change the outcome. Read the regulator’s report alongside the provider’s current fee schedule and account terms.
Sources: [1]
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