European ESMA regulations - Options on Futures | futures io social day trading
futures io futures trading


European ESMA regulations
Updated: Views / Replies:275 / 2
Created: by Alien Heat Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

European ESMA regulations

  #1 (permalink)
Elite Member
Somerset/UK
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG
Favorite Futures: FDAX
 
Posts: 6 since Feb 2016
Thanks: 4 given, 2 received

European ESMA regulations

Hello,

I trade European indices with a spread betting account and live in the U.K.

In July the European regulator is introducing draconian measures to try to kill off retail traders (under the pretence of protecting them).

Spread leverage will increase from 50:1 to 500:1 for indices like the Dax and FTSE. This means increasing account size by a multiple of 10 potentially for many retail traders. Ok, so most will be able to add funds to reach the levels required, but the problem comes when adding positions to an open trade, as once again this will require a similar increase in account size, depending what percentage of your account you choose to trade. So to trade the way I do today, I will need to increase my account size by a factor of 20.

I resent strongly a bunch of numpty European beaurocrats interfering with my day trading in this way, as I am sure most of you UK spread betters also do.

So my question is this. Has anyone on this forum found a legal way around this in the form of an offshore spread betting account, or other imaginative solution please?

I have tried registering as a professional trader to overcome this problem, but my application was rejected for insufficient experience working within the industry.

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Tallinn Estonia
 
Trading Experience: Master
Platform: MT5,MT4
Broker/Data: FP markets
Favorite Futures: Forex
 
Posts: 7 since Dec 2018
Thanks: 1 given, 1 received

ESMA will kill CFD


For example Japan is going to get the third cutting of the leverage to 1:10 since 2008 , when the cap was set at 1:50, followed by another halving to 1:25 several years later. Currently the 1:25 leverage is among the lowest, along with that in Turkey, which recently was set at 1:10.
Now Europe (incl. UK and Norway) with the first cut to 1:30 is following ! to fight CFD/Forex ! ?

You could argue no problem let us change to Futures ! Unfortunately not good for Forex/HFT trading!

So you can go light Offshore (possible Switzerland, South Africa, Australia ...) but I think not for very long.

or you go heavy offshore (possible Mauritius, Belize ...) offering still 1:500 or even more!

Reply With Quote

Reply



futures io > > > > European ESMA regulations

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Journal Challenge $1600 in Prizes & Free Journalytix for all participants!

February
 

Trading Resolutions for 2019 - Avoiding Mistakes w/GFF Brokers

Feb 19
 

3 Excellent Entries, and How To Automate Them w/Kevin Davey

Feb 21
 

The Driving Force Behind the Market w/Earn2Trade

Mar 5
 

TBA w/Stage5 & iSystems

Mar 12
 

TBA w/John Grady @ No BS Day Trading

Mar 19
 

Day Trading Oil Futures: Reducing Risk & Increasing Profits w/DTN IQFeed

Mar 26
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Brokers regulations Grantx Reviews of Brokers and Data Feeds 8 January 27th, 2017 02:03 PM
New CFTC Regulations, post MFG and PFG Big Mike Traders Hideout 2 January 14th, 2014 02:39 PM
Shadow Banking Facing Tougher Regulations Quick Summary News and Current Events 0 January 26th, 2013 04:20 PM
New Regulations in the New Jersey Division of Motor Vehicle's kbit Jokes 1 November 14th, 2011 01:39 AM
Why Getting Rid of Useless Regulations May Not Be Easy Quick Summary News and Current Events 0 January 22nd, 2011 10:10 PM


Tags
account size, cfd, cl, dax, day trading, forex, ftse, futures, hft, hft trading, information, professional trader, spread, trading

All times are GMT -4. The time now is 09:59 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2019-02-16 in 0.16 seconds with 13 queries on phoenix