Official Statement regarding to 'New ESMA Regulations'
The purpose of ESMA’s new measures is to protect clients and help them mitigate their risk when on the markets.
easyMarkets, a well-established financial service provider founded in 2001 offering CFD trading and investment across multiple global markets, fully supports, welcomes and complies with ESMA’s new regulations which will take effect on the 1st of August.
Ultimately the purpose of these measures is to protect clients and help them mitigate their risk when on the markets.
We not only support this initiative but as an organization promote risk management, trader education and responsible investing practices through the service and tools we provide our clients.
Says Evdokia Pitsilidou, easyMarkets Head of Risk Management.
The measures which include restriction of leverage, a 50% increase in margin close out and mandatory negative balance protection on all accounts – a protection they have offered the clients since the founding almost two decades ago – should help standardize the services provided by CFD brokers.
easyMarkets has never engaged in offering clients the highest leverage as a selling point for its services – but instead promotes its innovation, experience, price transparency and high level of customer support.
This dedication to the clients has been repaid in the form of a trusted track record and multiple years of offering clients access to the markets and innovative trading solutions.