The
European Securities and Markets Authority (ESMA) is an independent EU agency that contributes to safeguarding the stability of the European
Union's financial system by enhancing the protection of investors and promoting
stable and orderly financial markets.
Earlier
this year ESMA introduced EU-wide regulatory changes affecting leverage for
contracts for difference (CFDs) and prohibited marketing, distribution and sale of binary options
to retail investors.
That has
massive consequences for the retail traders, as leverage for CFDs on
major currency pairs has been reduced to 1:30, indices,
non-major currency pairs and gold leverage will be at 20:1, other commodities and non-major indices leverage will
be 10:1, equities leverage will be 5:1 and cryptocurrency leverage will be 2:1.
ActivTrades will apply the new ESMA measures from July 29, 2018 at 11:00 am (CET).
ActivTrades will apply the new ESMA measures from July 29, 2018 at 11:00 am (CET).
One of the
best ways to avoid being affected by those regulatory changes is to open an
account with the Bahamas branch of the leading online broker ActivTrades. When
you do you will still be able to enjoy using high leverage and margin
conditions and continue trading as you always have without having to use a Professional Account.
Good insight.
ReplyDeleteExcellent solution!
ReplyDeleteVery useful information.
ReplyDeleteVery helpful article.
ReplyDeleteThat's incredibly useful, thank you!
ReplyDeleteGood to know, thanks!
ReplyDeleteGood to know! Thanks.
ReplyDeleteThanks for sharing such useful information.
ReplyDelete