Forex and CFD Brokers Finland
In Finland, the financial regulatory authority is the Financial Supervisory Authority (Finanssivalvonta), commonly known as FIN-FSA. The FIN-FSA is an independent government agency responsible for supervising and regulating the financial sector in Finland. Its main objective is to ensure the stability, efficiency, and integrity of the financial markets and to 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.