I think Don is saying it exactly like it is. but its important to examine what he says bright trading thrives if their traders make money and stay for long term. what that means is that Bright Trading company doesn't like to do business with traders that are very good and would leave in a year, after making enough money to not need bright anymore. so there is such a thing as too good for your own good. luckily, if a trader is smart enough to be really good, that trader will discover CFDs that give 200:1 margin, all one needs to do is obtain even a small amount of money like 15 k.
Hmmm, well we've fount that the really good traders who make $millions, have been able to back other traders without risking their fortunes, and multiply their earnings when done right. This is more common than the 1 or 2 who went on their own. But, truthfully, it makes us feel pretty good when someone can do well and use their own $$ to trade with. Don
An arrangement made in a futures contract whereby differences in settlement are made through cash payments, rather than the delivery of physical goods or securities. This is generally an easier method of settlement because losses and gains are paid in cash. CFDs provide investors with the all the benefits and risks of owning a security without actually owning it. From www.investopedia.com Don