Beware of CFD's, warns ASIC
I said it before somewhere on this forum and I will say it again - "Trading CFD's is a sure way to lose money" especially if you're new to derivatives trading. If you must trade CFDs, use a direct market provider and NOT market makers. I will not name names but these two top market makers in Australia are "nobodys" in world stage. They are thriving on unsuspecting traders with huge (controlled) disparity between the movement of underlying share to the price of CFD.