Recent content by beng91

Yes they are the market makers but they are required to provide a guaranteed liquidity level (in Aus at least). The market is also not made up but based on some other underlying market. Same as a futures products. Arbitrage keep the market makers in check in regards to tracking price.

Not sure about your numbers but I have a few friends that have been trading CFD's for some years

There is no spread betting in Aus so we only have CFD's. Been trading with them for the past 5 years without any problem. Have one friend who has been them 8 years and still going. If you do not know what you are doing you can loose money in the real market or with market makers. Problem is...

You know this because? If so many people lost money trading with these companies they would have no customers left and would not longer exist. IG and CMC at el have been running for quite some years and have now got full computerised dealing systems. They are also required (in aus) to create a...