The UK regulator has flagged dual threat from high-pressure sales tactics and misleading social media promotions.
The UK’s Financial Conduct Authority (FCA) has issued a warning to investors about the risks associated with Contracts for Difference (CFDs), highlighting concerns that some firms are encouraging retail clients to forgo critical consumer protections. The FCA is particularly alarmed by firms pressuring clients to declare themselves as professional investors CFDs allow individuals to speculate on the price movements of assets without owning them, but they