What is a Forex regulatory body? Which ones are considered to be the most reliable?.
Common Laws and Regulations of the Forex Markets – Lawyer Monthly | Legal News Magazine.
Major Forex Regulatory Bodies - Discover the Assurance of Secure Trading.
ESMA Forex regulations explained!
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👉 Best Forex Brokers 2021: https://financeillustrated.com/trending-forex/best-forex-brokers/
👉 Top 5 Apps to help you start trading: https://financeillustrated.com/trending-forex/top-forex-trading-apps/
How much capital do you need to make the same profit pre-ESMA rules? This is a common question traders ask because recently the European Securities Markets Authority (ESMA) brought in new regulations which means that traders can trade forex and CFD’s with less leverage.
But Why? Well, this is to protect traders from negative balances on their account and also to provide more information about brokers. Every broker MUST clearly display on their website the percentage of traders that lose money with that particular broker. The ESMA regulations are a good thing because
1. More new traders enter the stock and forex market each day without the fear of going into debt.
2. Traders can make an informed decision about the broker they choose. Go straight to the TOP Brokers to see their % rate https://financeillustrated.com/top
3. No negative balances (you can lose more than you have)
The maximum leverage offered is 30:1 for currency pairs, 20:1 for stock trading and because cryptocurrencies are so volatile, Bitcoin can be traded with leverage of only 2:1.
Overall, traders are more protected than ever from dodgy brokers! Thanks to ESMA.
Major Forex Regulatory Bodies - Discover the Assurance of Secure Trading
Forex Regulations Worldwide - FinanceBrokerage.
The Foreign Exchange Interbank Market.
How the Forex Market is Regulated.