Who is behind a new P2P binary options platform is seeking to raise money in an ICO? Why is XTB liquidating its subsidiary in Turkey? Why did Germany's BaFIN decide it necessary to 'sharpen' the negative client balance rules for CFD brokers? Answers to these questions and more appeared exclusively or first at LeapRate this…
Read more
Germany financial regulator BaFin has issued a new set of guidelines for brokers offering CFD trading to retail clients in the country. LeapRate readers will recall that BaFin instituted its negative balance protection rule for all CFDs offered to retail traders in Germany effective this past August. However BaFin stated now that it still needed…
Read more
A full eight months after first being proposed, new rules governing CFD trading and brokerage take effect this week in Germany. A quick timeline.... German regulator BaFin proposed the new rules for brokers providing off-market leveraged CFD trading on December 8, 2016. That came just two days after BaFin's UK counterpart, The FCA, came out…
Read more
The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, Thursday, 10 August 2017, signifies the start of a new era for the German Forex & CFD market! By the national BaFin regulation, any CFD offering without 100% protection is banned as of today, including marketing,…
Read more
This past week of Forex Industry News seemed to have it all - regulatory changes, executive moves, social trading launches, lots of broker results, and a whole lot more. And as usual, only LeapRate brought you the key stories - the launch of social trading site Crowd Trading, Ayondo raising money, GKFX's former CEO landing at…
Read more
The following article was written by Jens Chrzanowski, Regional German Director at FCA regulated broker Admiral Markets UK. Hello, It’s no secret, Germany is one of the largest and most important markets for Forex & CFD trading. It’s now also known affectionately by myself as the “land of the free”. Why so? Let me explain……
Read more
FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has added its voice to the general positive consensus of reaction to the new CFD brokerage and trading regulations put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No…
Read more
UK online trading leader IG Group Holdings plc (LON:IGG) has put out a statement to the effect that it welcomes the new CFD regulation put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No limits were…
Read more
UK based online brokerage house CMC Markets Plc (LON:CMCX) has put out a statement to the effect that it welcomes the new CFD regulation put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No limits were…
Read more
Leading CFD brokers Plus500 Ltd (LON:PLUS) and CMC Markets Plc (LON:CMCX) have each issued statements in response to yesterday’s new directives from German financial regulator BaFin on CFD trading. In summary, each of Plus500 and CMC Markets stated that they welcomed BaFin's moves. Both Plus500 and CMC Markets stated that they already provide negative balance…
Read more