CMFAS CM-SIP CFDs & Leveraged Foreign Exchange question: CFDs and leveraged FX

The core reason CFDs and leveraged FX are gated behind a customer knowledge assessment is that:

• A Their complex mechanics carry a non-obvious risk of loss, including losing more than invested.
• B Firms earn high spreads on them, so the assessment exists to limit how often clients trade.
• C They are low-risk, so the assessment only confirms the client can use the trading platform.
• D The law makes them available only to accredited and institutional investors, not to retail clients.