Wednesday, 7 December 2016

FCA to put a cap on leverage


FCA proposes stricter rules for contract for difference products

The news that the regulatory agency is preparing to put a cap on leverage for retail traders in the UK has hit some brokers hard.

From next year there will be a max 1:25 for new traders and 1:50 for experienced retail traders.

I thought I would fire up a FxPro demo account with instant execution, with 1:50 leverage and run my automated robot Chipper3 with a £100,00 initial investment as see how the next few weeks pan out.

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