The Investment Trends 2013 Australia CFD Report found that Australia has a higher take-up of CFDs relative to population than the UK, Germany and France.
A survey of 12,458 Australian investors and traders between 1 May and 10 June 2013 found that 41,000 people traded CFDs at least once in the 12 months to June 2013.
While the number of Australian CFD investors is down 7 per cent from 2012, the percentage of the adult population trading them is higher than any of the countries in the Investment Trends study, barring Singapore.
Client satisfaction remains at high levels, with 82 per cent of CFD traders rating their main broker as ‘good’ or ‘very good’ – with only 2 per cent giving a ‘poor’ or ‘very poor’ rating.
IG market is the top CFD provider in Australia, with 38 per cent of primary relationships in the market.
CMC Markets comes in second with 18 per cent of primary relationships, followed by FXCM with 5 per cent.
First Prudential Markets has the highest overall client satisfaction in the market.
