ESMA Issues A Warning To Retail Investors On Trading In Foreign Exchange (Forex) Products

ESMA is also alerting retail investors about the main risks involved in forex trading. ESMA has noticed an increase, in some European Union countries, in unauthorised firms offering transactions, or platforms to trade, in currency derivatives in the forex market, such as ‘contracts for difference’ [CFDs], ‘FX forwards’, and ‘rolling spot contracts’. This is the first time ESMA issues a warning.

For the text of the warning, please click here. For further information and a list of contacts in national authorities, please see the section News for investors.