New CySEC Regulations Force Exness to Limit ‘Unlimited’ Leverage to 1:200

[kreslik.news]

The Cyprus Securities and Exchange Commission (CySEC) is taking substantial steps to increase client protection with its new regulations. The regulator is set to introduce a new set of requirements that limit the maximum available leverage to clients to 1:200 for experienced traders and 1:100 for novice clients of retail brokerages.

The news comes as the European regulators have continued to ramp up pressure on the industry to encourage more responsible trading from clients. The French AMF has introduced guaranteed stop loss requirements as part of its advertisement ban on financial services, while the German BaFin regulator mandated ... (read more)