New Regulations by ESMA

Most traders are aware by now that the European Securities and Markets Authority, aka ESMA, has mandated new regulation regarding leverage, margin and binary options throughout the European Union – namely, binary options will be banned, leverage for major currency pairs CFDs will be lowered to 30:1, the one for non-major pairs, gold and major indices will be at 20:1, the leverage for commodities will be lowered to 10:1, the one for individual equities – 5:1 and finally, cryptocurrency CFDs leverage will be lowered to 2:1.

Apart from that ESMA is also introducing a new margin rule for closing positions and making negative balance protection mandatory.

The competitive Forex broker ActivTrades will apply these measures on July 29, 2018 at 11:00 am (CET)

You can, however, open an account with ActivTrades in the Bahamas without being affected by these new measures, as the ActivTrades Bahamas clients will will keep the previous leverage and margin conditions without having to open a Professional Account.

Open an account at the ActivTrades Bahamas branch here.