The FCA has been concerned about firms offering access to contract for difference (CFD) products to clients since at least 2016 and has now published a letter to CFD providers outlining its concerns. The FCA has found that a “significant minority of firms in the sector operate business models that cause
FCA raises concerns about CFD firms
According to the FCA a “significant minority” of firms are not adhering to their compliance obligations and are exposing consumers to harm.