Comparison of CFD and Warrants (Part 1 of 3)

CFD's as compared to warrants are both financial derivatives which are leveraged. For Warrants the leverage (or effective gearing) is usually in the 4-8x range, i.e. you get exposure to $4-$8 worth of the underlying stock for $1 of your money.
For CFD's, depending on the underlying's "credit-worthiness", your leverage is from 0(very illiquid dubious penny stocks-like Jade) to 10x (If you are a credit worthy customer and betting on Blue Chips like SIA)
Essentially, both give leveraged access to shares, without ownership, dilution, rights, dividends of shares (a price you have to pay for the leverage-or using OPM-other people's money)
I find them very similar, but after doing some research on both, I've found that CFD's in theory do have a leg up against warrants.

I shall do a comparison of CFD vs. Warrant Trading below:

Structured Warrants			CFD
Issued by an investment bank (e.g. DB)			Directly tracks underlying share price
Prices moves up and down in accordance with the share and whether it is call or put
Bid/Offer Price is set by Market Maker			Price is in accordance with Market Pricing
Traded in SGX just like any other security			Traded Over The Counter