FOREX.com Issues Weekly Technical Outlook Amid CFD Risk Warning
The US Dollar Majors, Gold, Bitcoin, and Equities have been analyzed in a weekly technical outlook by FOREX.com.
CFDs (Contracts for Difference) come with a high risk of losing money rapidly due to leverage, which is stated on the website. It's noted that 77% of retail investor accounts lose money when trading CFDs with this provider.
The website warns that clients should consider whether they understand how CFDs work and if they can afford the high risk of losing their money.