We have an important information regarding the European Forex & CFD market regulation which may affect your trading. As you may know, the European Securities and Markets Authority (ESMA) will place new regulatory restrictions to Forex and CFD trading and we will apply the relevant changes to our trading terms starting from the session opening on Monday 30 July 2018.
What will happen?
One of the key changes will be a restriction of the maximum leverage to between 1:30 and 1:2 for retail clients as follows:
- 1:30 for the four major currency pairs
- 1:20 for other currency pairs and CFDs on indices and gold
- 1:10 for CFDs on other indices and commodities
- 1:5 for equity CFDs
- 1:2 for cryptocurrency CFDs
You are currently classified as a retail client and your trading terms will be changed, as the new restrictions are applicable to retail clients. These restrictions will not apply if you qualify for professional trading terms. Please find more information about the upcoming restrictions below and make an informed decision for your trading career.