Forex and CFD Brokers Germany
In Germany, the financial regulatory authority is the Federal Financial Supervisory Authority, known as Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). BaFin is the national regulatory authority responsible for supervising and regulating financial institutions and markets in Germany. Its primary objective is to ensure the stability, integrity, and transparency of the German 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.