Forex, CFDs, Binary Advertising Ban to Hit The Netherlands Mid-2017

[kreslik.news]

The Netherlands Authority for the Financial Markets (AFM) issued its annual report for 2016. The watchdog has highlighted the risks associated with some retail investor-focused products. Binary options, forex and CFDs contracts have been designated as “harmful investment products” and measures are expected to be taken by the Dutch government on limiting advertising.

The AFM has highlighted that the main reasons for the advertising ban is the disproportionate level of risk of losses for retail investors. The regulator is also concerned that clients may end up having residual debt as a result from excessive moves in the markets.