CFD regulation

XTB to continue Spain CFDs business, but restrict marketing

Spain accounted for more than 11% of XTB’s Revenues in 2023, one of its most important geos after its own home market in Poland.

CySEC urges all CIFs that are marketing and selling CFDs and other leveraged products to retail investors in Spain to take all appropriate actions.

ASIC’s review examined the DDO practices of a sample of issuers and found that most retail clients lose money trading CFDs.

Spain’s CFD regulation measures go beyond any previous measures imposed by ESMA or other EU national regulators.

ASIC has issued an interim stop order preventing Mitrade Global from dealing in CFDs or margin FX to retail investors.

CFD trading is very active in South Korea, with the country’s CFD brokers holding an estimated $2.6 billion in client assets.

ASIC observed a 91% reduction in aggregate net losses by retail client accounts after the CFD trading rules were put in place.

AMF fines X-Trade Brokers Dom Maklerski for breaches of its professional obligations due to the activities of its French branch.