Calling CFDs investments is a travesty. They have practically no financial purpose as compared to other instruments like options, that provide a lot of financial flexibility and can act as insurance.

Online CFD brokerages look to me like the gambling industry wanted to have a section that was branded as "investments" so they could extract that money from uninformed casuals.

I'm not one for banning things, but I really wish there was more financial literacy. Half of the stories in europe of "retail investor loses shirt" are with CFDs when the so called investor likely doesn't even know the difference between a stock and a CFD.

Moreover, because anyone in the financial industry knows this, I assume all companies offering CFDs as their core product, and making their best attempts to make it look like they're selling actual stock, are all ran by a bunch of scammers.