Its the leverage that makes the difference

if you use 10 the drawdown is easier to handle than if you use 100

“Indeed a study by the Central Bank in 2015 found that 75 per cent of retail CFD clients who invested in CFDs during 2013 and 2014 made a loss, of which the average loss was €6,900. A follow-up study in 2016 found that 74 per cent of retail clients lost money, with an average loss of €2,700.”

“The Central Bank is also considering imposing further restrictions, including introducing a leverage limit of 25:1 on trades. Currently, leverage levels of 400:1 are offered to retail clients with minimal experience of trading CFDs. This means that someone opening a new CFD trading account with an initial deposit of €100, could assume a €40,000 exposure in a single trade.”

https://www.irishtimes.com/business/financial-services/central-bank-to-crack-down-on-contracts-for-difference-1.2999406