area: 30 520 km2. Update : As we reviewed the original French version of fsmas communiqué, we found out that that the exact wording is interdiction de commercialisation auprès du public, which in fact means ban on public marketing (of derivatives). Therefore, it proposed establishing a framework regulating the distribution of OTC derivatives and to prohibit the distribution of certain types of these products. The news on the Belgium OTC derivatives ban comes shortly after the French regulator AMF announced that it is considering a ban on advertising of highly speculative and risky financial contracts to the general public in France. In a communiqué on its website, the. Side-by-side online brokerage comparison enables you to easily chose the best deep discount, discount and prime broker in Belgium for all your online trading and online investment needs. To learn more about Dukascopy Bank CFD / Forex trading platform, swfx and other trading related information, please call us or make callback request. Select a Broker helps stocks exchange criptovalute you find, review, compare and select an online trading and investment broker in Belgium.
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Beyond just the continued complaints and warnings it is likely that the Belgian watchdog was spurred on by the recent decision by fellow francophone nation France to ban forex and binary options advertising, as was predicted by Finance Magnates on Monday.
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Belgium bans forex and binary options trading From m In a communiqué on its website, the Belgium Financial Services and Markets Authority (fsma) announced that its Regulation on distribution of over-the-counter (OTC) derivatives has been approved.
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Jean-Paul Servais, the Chairman of the fsma, commented: The fsma has repeatedly issued warnings about the risks associated with these products. often used when distributing OTC derivatives to clients. To learn more about Dukascopy Bank Binary Options / Forex trading platform, swfx and other trading related information, please call us or make callback request. For further information regarding potential cooperation, please call us or make callback request. To learn more about Business Introducer and other trading related information, please call us or make callback request. To learn more about Crypto Trading / CFD / Forex trading platform, swfx and other trading related information, please call us or make callback request. Yet the fsma continues to receive complaints about these products. As a result, distribution of Forex, CFDs, and Binary options among Belgian retail clients is banned from. Other supervisory authorities and esma have done likewise. It does not apply to derivatives that are admitted to trading on a regulated market or on a multilateral trading facility. The Regulation applies to unlisted OTC derivatives only.