Breaking: FCA to Ban All Bonuses, Proposes 1:50 Leverage Cap

[kreslik.news]

The UK Financial Conduct Authority (FCA) is taking material measures to protect retail clients that are trading rolling spot forex and contracts for difference (CFDs). The measures are the result of a study which shows that 82 percent of retail brokerage clients are losing money.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

The FCA’s new guidelines extend beyond the limitations that CySEC proposed last week. The regulator states that the growing number of companies providing such products is worrying because clients do not usually understand the risks associated with trading spread betting, CFDs ... (read more)