Are CFDs still illegal for Americans now that micro Eminis have opened?

No they are not. There is ONE exchange for Micros. CFDs... as many market makers for each broker as the stars.

 

I expect David from OneChicago may chime in at some point.

 

I’m based out of Chicago...the kid who mows my lawn used to trade for peak6.

 

As products, they are the same as I mentioned spread, margin, etc. Yes, the brokerages are different.

Anyhow, the situation is the same as with online gambling. The US says: we don't want the citizenry to lose their money to Bahama based websites, when they can lose it to Vegas based websites.