ASIC review findings
ASIC reviewed 52 licensed CFD issuers between October 2024 and December 2025, finding more than half contravened the product intervention order by offering margin discounts to retail clients with opposing positions. These investors faced higher funding costs without profit potential.
Industry changes
39 issuers changed target markets, 46 improved websites, 44 enhanced onboarding, and 48 fixed reporting compliance after 70 million erroneous reports. Reportable situations rose 127%.
What traders should check
Retail investors should verify their issuer has updated target market determinations and onboarding processes. ASIC urges attention to leverage terms and financing fees that magnify losses.
Sources
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