Exclusive: Poland to Restrict Maximum Leverage on FX Trading to 50:1‎

[kreslik.news]

Finance Magnates has learned that the Polish Ministry of Finance has ‎submitted a draft of a new law, which aims to further limit the maximum ‎leverage on foreign exchange trading from 100:1 to 50:1, the latest ‎crackdown in a regulatory shakeup of the industry.‎

The draft of new propositions prepared on December 8, 2017, however, allows brokerage firms to raise the maximum permitted leverage to 100:1 only if the customer made at least 40 transactions during the last 24 months.


Earlier in July, Polish authorities announced plans to cut the maximum leverage from the current ... (read more)