In March, the European Securities and Markets Authority (ESMA) announced having agreed on a range of measures intended to harmonise EU-wide regulation and to provide better protection to retail clients trading leveraged products, like CFDs. The new measures will take effect from 30 July 2018.
Anybody knows how the ESMA regulation will be implemented at Roboforex?
ESMA is considering a number of proposals aimed at retail clients, to try to increase conduct standards across the industry.
While many of the proposals are sensible, this site focuses on the two that are likely to have a significantly negative effect on traders.
ESMA is suggesting the following leverage limits:
This proposal would severely increase the margin required to trade. See examples below: