Breaking: ESMA Rolls-Out Draconian CFD Leverage Restrictions, Kills Binary
Posted: Mon Mar 26, 2018 5:46 am
The European Securities Markets Authority is out with its verdict on the leverage restrictions for the industry. Regardless of tons of feedback from clients and brokers, the supranational European regulator chose to limit the choices for leverage for retail brokers.
The ESMA’s decision is to prohibit marketing, distribution and sale of binary options and introduce tiered leverage for different instruments. Any Contracts for Differences (CFDs) that are allowed on offer will need to adhere to strict requirements and are temporarily restricted to a set of draconian rules.
Tiered Leverage
The leverage restrictions for retail clients will be introduced in several tiers. CFDs on ... (read more)