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Breaking: New European Retail Broker Leverage Rules Kick Off in August

“Today the pan-European financial regulator announced that the measures against binary options and CFDs brokers have been published in the Official Journal of the European Union” reports The binary options product will be fully prohibited, while CFDs are going to get restricted for retail investors.In addition, brokers will need to adhere to a 50 percent margin closeout rule and provide negative balance protection.

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