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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 70% 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.

Ilya Spivak

With over 15 years’ experience applying a global macro approach to trading currencies, Ilya has focused on market analysis and strategy since 2008 after working three years across FX sales roles. Ilya’s work is regularly cited in Reuters, Bloomberg and other top financial media outlets. Ilya has also headlined trading conferences and expos in the United States and across the Asia Pacific region, and has a Dual BA degree cum laude in Economics and International Relations from the University of California, Davis.

Ilya now works as the Head Strategist for APAC at DailyFX, the partner site of IG offering leading FX news and analysis.