Hi Guys, I have a doubt, when trading equities/options/futures, if a trader places a buy or sell order to a broker, it goes to an exchange and if someone is ready to buy or sell at the that price order gets matched and the order is filled.
What happens when we are trading only CFD, are we trading against the broker, our order is filled by the broker (IG), meaning if I am buying some equity CFD so IG is selling that CFD? If that is the case, can the price be manipulated to kick out the trader ?