Dear Reader,
Following up on my earlier post on CFD and wether those are halal and why not: http://www.islamicfinance.de/?q=node/9330 here a follow up with some disclosed data. The regulators asking CFD provider to disclose how many retail investor loose money. The exact rules and definitions you find here:
https://www.esma.europa.eu/sites/default/files/library/2018-esma35-43-13...
In a quick web search for "of retail investor accounts lose money when trading CFDs" that number is between 55.2% and 83%:
https://www.cmcmarkets.com/en/learn-cfd-trading/what-are-cfds
55.2% of retail investor accounts lose money when trading CFDs with Blackwell Global Investments (UK) Limited.
https://blackwellglobal.com/choosing-right-leverage-cfd-trading/
83% of retail investor accounts lose money when trading CFDs with this provider.
https://libertex.com/blog/what-contract-difference-cfd
79% of retail investor accounts lose money when trading CFDs with this provider.
https://www.xtb.com/en/learn-to-trade/what-is-cfd-trading
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider.
https://www.gkfx.eu/RiskWarning
80% of retail investor accounts lose money when trading CFDs with this provider.
https://www.forextime.com/eu/education/cfd-trading
76.4% of retail investor accounts lose money when trading CFDs with this provider.
https://www.plus500.co.uk/Help/RiskManagement
Pretty impressive results! No further comment.
Best regards,
Michael Gassner