The European Securities and Markets Authority (ESMA) have made their decision to cap leverage on CFD products and these changes will impact retail clients of FCA (UK) or EU Regulated Brokers. The new rules will come into effect on August 1st, 2018. Restrictions will also be placed on marketing, a margin closeout rule and a rule against incentives by a CFD provider (e.g. Bonuses).
Traders globally are seeking alternative venues and BlackBull Markets could very well be the destination.
We are a New Zealand registered Brokerage and offer a jurisdiction that is focused on stringent client protection rules. For example, all client funds are segregated with ANZ Bank.
We offer around the clock support, multi-currency accounts, multiple payment methods and extremely competitive trading conditions for both private clients and fund managers.
For any questions, please contact our 24/6 support team on firstname.lastname@example.org.
BlackBull Markets Team