Breaking: New European Retail Broker Leverage Rules Kick Off in August

[kreslik.news]

After months of waiting, it is finally official: we now know the exact dates when the forex and CFDs businesses in Europe will have to adhere to the new regulatory framework announced by the ESMA earlier this year. Today the pan-European financial regulator announced that the measures against binary options and CFDs brokers have been published in the Official Journal of the European Union.

As we already know, this triggers two terms. Binary options will be prohibited a month from now and according to the ESMA, this event will get triggered from the 2nd of July. Forex and CFD brokerages will ... (read more)