Unless you’ve previously been trading CFDs previously, they might as well stand for Confusing Financial Doodads”. Last year, BaFin announced its intention to restrict the trading of certificates linked to credit risks (credit linked notes or Bonitätsanleihen, CLN). For reasons of investor protection, BaFin intended to issue a general administrative act prohibiting the marketing, distribution and sale of CLNs to retail clients. In order to avoid a ban, the German financial industry presented a self-commitment including ten principles to improve transparency and investor protection regarding the issuance and distribution of credit linked notes to this client category.
You can easily select fixed or floating spreads at AvaTrade. We also offer additional flexible trading conditions with over 250+ financial instruments. These include currency pairs trading, and CFDs (contracts for difference) on commodities, stocks, and indices.
Attempt to withdraw funds. Regulatory anti-money-laundering laws have rendered the withdrawal process into a more stringent and drawn out process, but once you have submitted the correct documents, your second and subsequent requests should be routine prompt affairs.