RE: GumT23 Dec 2016 10:43
sounds too dire, there are some very reliable CFD providers like Interactive Brokers and IG, I have used both for more then 3 years, never had a problem. their operation is transparent, i donot see that they make profit when you lose, since they donot do proprietary trading but to hedge your trades. this is called Market Making. Most prime brokers like goldmans and morgans are doing the same.it is controversial but I think it is acceptable.