Will The ESMA Ban Binary Options

ESMA announces start date of binary options ban

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The European Securities and Markets Authority (ESMA) has announced that its ban on binary options will start from 2 July 2020 onwards.

This ban will last an initial three months and renewed as ESMA deems necessary.

Once the ban comes into effect, we will no longer offer binary options on financial assets to retail clients residing in the European Union (EU). All open trades will be carried to term.

Looking forward

We are working hard to implement products such as lookback options, spot FX, and contracts for difference (CFDs) for retail investors in the EU, in line with the appropriate regulations.

We will also continue to offer binary options on Volatility Indices which remain unaffected by the ESMA ban.

Retail clients may also upgrade to professional client status in order to continue trading binary options on financial assets such as currencies and indices.

We thank all affected clients for their patience and understanding in this matter.

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Will The ESMA Ban Binary Options

In March, 2020 Google also changed its Adwords Advertising Policy, which includes ban on any ads for binary options. The ban also covers Adwords for initial coin offerings (ICOs), crypto-exchanges, cryptocurrency wallets, and cryptocurrency trading advice.

Re: ESMA bans binary options, sets restrictions on CFDs for retail clients

Re: ESMA bans binary options, sets restrictions on CFDs for retail clients

Re: ESMA bans binary options, sets restrictions on CFDs for retail clients

Re: ESMA bans binary options, sets restrictions on CFDs for retail clients

ESMA adopts final restrictions for BO and CFDs offering:
https://www.esma.europa.eu/press-news/e . ry-options

Basically after July 02 – BO offering should be stopped in the EU, while CFDs restrictions over leverage should be placed starting for August 02.
Initial period would be 3 months and ESMA may increase the period if needed.
So I believe we would monitor interesting behavior among Brokers during coming months in attempt to hold more clients