BaFin controls Germany’s financial markets, including the expanding world of online CFD trading. German traders see the regulator as protection against broker scams, though that confidence might be misplaced. People think strict rules equal safety. They don’t. CFDs remain dangerous regardless of oversight. Brokers in Germany must disclose all fees and risks upfront. No hiding spreads or financing costs in fine print. Leverage amplifies everything, and traders need to know exactly what they’re getting into. Most don’t read the disclosures anyway. Retail traders still blow up accounts daily despite all…
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