Alert: ESMA Upcoming Leverage Changes

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forexbob
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Alert: ESMA Upcoming Leverage Changes

Postby forexbob » Wed May 09, 2018 7:27 pm

just got this mail in from tickmill uk:



Dear Client,

The European Securities and Markets Authority (ESMA) has recently announced a number of product intervention measures for Retail Clients that are expected to come into effect in July 2018.

These measures include:

· Limits on the amount of leverage that we can offer to retail traders

· A 50% margin close-out rule on a per account basis

· Negative balance protection on an account-by-account basis




main change:

leverage for major pairs from 1:500 ---> 1:30
non major pairs 1:500----> 1:20

soon the european market killed ??

:-((

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