Forex and CFD Brokers Czechia
In Czechia, the financial regulatory authority is the Czech National Bank (Česká národní banka or ČNB). The Czech National Bank is the central bank of the Czech Republic and is responsible for overseeing and regulating the financial sector in the country. Its main objective is to maintain price stability, ensure the stability and soundness of the financial system, and protect the interests of consumers and investors.
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.