Go professional with Libertex! 5 primary questions about new ESMA policy
The new ESMA policy comes to force on July, 30. The act affects trading terms for such leveraged products as CFDs
What does it mean for retail traders?
- Limited multiplier
- Restriction on access to specific products
What does it mean for professional Libertex traders?
- Up to x600 multiplier
- Access to over 200 instruments
- Negative balance protection
What is the multiplier?
|Asset class||Leverage limit|
Multiplier usage example
|Trade number||123||123||123||Total inv.|
|Total position||20 000||12 500||1 000|
|Available to use for open other trades||1333.33||708.33||208.33|
How does it work?
For example, you place a EUR/USD total order 100 000 at price 1.1750. Then:
Are you a Pro trader?
Have you traded leveraged derivatives in significant sizes over the last year?
Have you worked in the financial sector, in a professional position requiring knowledge of derivatives trading, for at least one year?