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There are numerous CFD and forex brokers and trading platforms

There are numerous CFD and forex brokers and trading platforms, it’s not always easy to make a good comparison. On this website you’ll find some information about a couple of trading platform. Trading in CFDs and forex always means the broker is your counterparty, so it’s good to work with more than one broker in order to limit the counterparty risk. One new section that has been added concerns the importance of ‘appropriateness’ and endeavours to answer the question as to what information a firm should gather to assess the appropriateness of such products. As firms will be aware, the purpose of the appropriateness test - which is derived from MiFID - is to determine whether the client has the necessary experience and knowledge in order to understand the risks involved in relation to the product (or service) to be provided (see COBS 10 for further details).related articles:

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