CFD Trading Australia Market Outlook 2021 – Trading Authority
Online CFD Trading in Australia surged alike many other online services during 2020, bringing convenience and accessibility to retail traders. The number of active traders has increased by 20% year over year to 710,000 and trading volume is up circa 100% in Q1 2021. The new peak is mainly driven by the quick recovery from the drop caused by COVID fears and online trading trending globally on social media because of meme stocks and cryptocurrencies.The CFD Trading Market in Australia
CFDs (Contracts For Difference) have gained popularity over the last ten years with an early CFD trading