Forex and CFD Brokers Austria
The financial regulatory authority in Austria is the Financial Market Authority (FMA), known as Finanzmarktaufsicht in German. The FMA is an independent public authority responsible for supervising and regulating the Austrian financial market. Its primary objective is to ensure the stability, integrity, and transparency of the financial system and protect the interests of investors and consumers.
CFD stands for Contract for Difference. It is a popular derivative product that allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. CFDs provide an opportunity to profit from both rising and falling markets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.