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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Daniel McCarthy

Daniel McCarthy has experience as a Portfolio Manager, handling currency exposure of Australia’s largest fund manager and developing currency overlay programs, as well as experience as a Portfolio Manager with the Global Government Bond Fund. Daniel has also worked as a Commercial Bank FX price maker and before moving to DailyFX, the partner site of IG offering leading FX news and analysis, Daniel managed private capital using various strategies across equities, FX, commodities and rates.

Daniel has a Master of Business in Finance from the University of Technology, Sydney and a Certificate IV in Training and Assessment.