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Author Topic: ESMA Faces FCA Resistance to 1:30 Leverage Cap  (Read 164 times)

Offline vontogr

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ESMA Faces FCA Resistance to 1:30 Leverage Cap
« on: April 05, 2018, 01:41:06 PM »
As far as I understand it all brokers regulated in EU will be forced to apply maximum leverage of 1:30.
What does it mean for you?
https://www.financemagnates.com/forex/regulation/exclusive-esma-faces-fca-resistance-130-leverage-cap/

Online reinerh

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Re: ESMA Faces FCA Resistance to 1:30 Leverage Cap
« Reply #1 on: April 10, 2018, 04:07:13 PM »

that be the end of fx trading with europe brokers for sure.........................................

they killed the entire fx industry in usa as well.

Offline vontogr

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Re: ESMA Faces FCA Resistance to 1:30 Leverage Cap
« Reply #2 on: April 16, 2018, 10:08:55 AM »
Well European Union likes to regulate everything.
It is a way to hell though as at the end there will remain nothing to regulate.

Offline Eliza Abrams

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Re: ESMA Faces FCA Resistance to 1:30 Leverage Cap
« Reply #3 on: April 18, 2018, 02:37:13 PM »
That isn't always a bad thing, in my opinion.
ESMA banned binary options throughout the EU with the same mandate, and I think most traders with at least a little bit of experience would agree that binary options and their brokers are hardly a good thing.

That said, a 1:30 leverage cap is ridiculous, in my opinion.

 

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