ASIC lodges federal court case against eToro’s CFDs
The financial watchdog questions the suitability of eToro’s contract-for-differences (CFD) target market. A CFD is a leveraged derivative contract that allows a trader to invest in the value changes of underlying assets. ASIC alleges that eToro’s CFD market is too wide considering the high-risk and volatile nature of this trading niche, where most lose their…
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