The ESMA (European Securities and Markets Authority) recently ruled out an update regarding the protection of investors and implementing new regulations and restrictions for brokers. In March this year, ESMA introduced leverage restrictions for CFDs and prohibited any type of binary options involvement to European clients.
These restrictions play a big role in the development of brokerage services in the EU. The maximum leverage European brokers are allowed to offer is now 30:1 on major currency pairs and CFDs and 20:1 for Gold and non major currency pairs.
The new rules came as a surprise to retail traders and brokers sought to offer a way to overcome the measures implemented by the ESMA.
ActivTrades is ready with two solutions. The first one is to open a professional account. In order to do that, a client must be eligible by covering three necessary criteria. You can check it out HERE.
The second solution for retail traders is to open an account in the Bahamas. The legislative framework there is suited to accommodate clients from abroad and they will still have the option to choose higher leverage and better conditions. You can check it out HERE.
Right on time! Thank you for sharing!
ReplyDeleteGreat news, thank you for sharing!
ReplyDeleteExcellent services provided by a great broker!
ReplyDeleteGood assessment!
ReplyDeleteVery helpful article, I will definitely look into open an account in the Bahamas.
ReplyDeleteGood news for traders, I will definitly check out the Bahamas.
ReplyDeleteVery useful information.
ReplyDelete