New ESMA Regulations: Broker Reliability More Important Than Large Leverage

[kreslik.news]

The Forex industry is adapting to the new regulations imposed by ESMA with mixed feelings. Forex brokers are getting ready for the new limitations on leverage, the new demands for transparency and other changes taking place in Europe.

Preparations for the new regulations are going well, and brokers brace for keeping their traders happy. However, uncertainty about the business implications that goes with the move remains elevated.

There are obvious benefits of trading in a regulated environment that offers protection in case of issues with the broker. This should outweigh the leverage limits imposed by the new rules.

Some ... (read more)