Forex and CFD Brokers Norway
In Norway, the financial regulatory authority is the Financial Supervisory Authority of Norway (Finanstilsynet). The Finanstilsynet is an independent government agency responsible for supervising and regulating the financial sector in Norway. Its main objective is to ensure the stability, integrity, and efficiency 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.