The European Securities and Markets Authority (ESMA) along with the National Competent Authorities of the EU countries introduce important changes which aim to protect additionally the retail investors. The agreed measures will improve trading with currency pairs and contracts for differences (CFD).
The main changes include negative balance protection on a per account basis, standardized margin close out rule, standardized leverage limits for each class of trading instruments.
Important: ESMA’s changes are valid for all regulated and licensed under the EU laws brokers who apply MiFID directives. Guarantees for protection apply for all BenchMark clients.
New measures will take effect in the next 3-4 months. BenchMark will inform you timely for each particular change.