Forex and CFD Brokers Luxemburg
In Luxembourg, the financial regulatory authority is the Commission de Surveillance du Secteur Financier (CSSF). The CSSF is an independent public authority responsible for supervising and regulating the financial sector in Luxembourg. Its main objective is to ensure the stability, integrity, and sound functioning 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.