CFD forex vs spot forex??

[goose4]

I tried to do a search but could not find the answer

Id appreciate an explanation on the differences on these two with the cons and pros.Also which one is more popular and why.

Thanks for any help.....

 

[CFDplayer]

rolling spot forec is not regulated investment in the UK,nor US.US only has a so-called NFA to charge fees if a MM offer spot forex and in the UK, it is in line with BoE's Non-investment Products code.

Currencies based CFD is based on cash market but it will be more trusted if the MM tells you they use CME's currency futures or Tier 1 Banks' prices and liquidity for hedge.