I open a cmc share trading account last month because of their low brokage fee. I now have this Chinese guy named William calling me up all the time asking me to open a cfd account with them. He said that I can keep all the profit however if there are any loses in the first five consecutive days cmc market will reimburse any of the loses. The minimum amount require to open the account is $500, cmc market will give me $100 on top of that.
I don't know any thing about cfd, I don't even have a stable income as I am still a student.
Should I open the cfd account with them, do you know if there are any catches or if cmc is even good for cfd?