{"id":9445,"date":"2019-05-14T16:02:13","date_gmt":"2019-05-14T16:02:13","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=9445"},"modified":"2019-05-14T18:01:02","modified_gmt":"2019-05-14T18:01:02","slug":"austria-makes-things-difficult-for-cfd-and-binary-options-traders","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/","title":{"rendered":"Austria Makes Things Difficult For CFD and Binary Options Traders"},"content":{"rendered":"

\"\"Retail traders in Europe have been going through a tough time in recent months as EU financial watchdogs have tightened regulations and make things difficult for traders. <\/p>\n

Now traders in Austria are going to face new challenges as the financial watchdog in the country has decided to come down hard on traders. <\/p>\n

Austria\u2019s Financial Market Authority<\/a> (FMA) received the go-ahead to make the European Securities and Markets Authority\u2019s (ESMA) product<\/strong> intervention measures permanent. <\/p>\n

These new measures will cause problems for binary options and contracts for differences (CFDs) traders in Austria.<\/p>\n

Overall, the regulations will be the same as ESMA measures. However, the FMA will be making some slight adjustments so that it can better fit the market. These new measures should be familiar to most EU retail traders. They include a ban on binary options and leverage caps on CFDs and foreign exchange (FX) trading<\/strong>. The leverage caps are there to limit the possible losses for the investors.<\/p>\n

The FMA has confirmed a few changes in the measures. For one, these regulations will be operating at the national level. The main difference is that would not exactly prohibit participation in circumvention activities.<\/p>\n

Specifically for CFDs, the FMA has put forth some small changes. One of these is improving the risk warnings from the original ESMA rules. The new regulations have also set down the legal meaning of virtual currencies. This will affect future regulations and hints at crypto regulations coming soon<\/a>.<\/p>\n

The FMA presented these changes to the ESMA and have received the green light to proceed. The changes are expected to be made permanent by May 30.<\/p>\n

Other EU Regulators Doing The Same<\/h2>\n

The FMA is the latest EU financial regulator to make ESMA\u2019s product intervention measures permanent. Other EU regulators like those in Germany, France, and Netherlands have already taken steps to make these measures permanent. While ESMA looks like it will keep renewing these measures, some countries have decided to make it permanent. <\/p>\n

Germany\u2019s regulatory body, the Federal Financial Supervisory Authority, otherwise known as BaFin<\/strong>, has already formally announced they were making the ESMA\u2019s measures permanent. England\u2019s Financial Conduct Authority<\/strong> (FCA) has also made plans to introduce similar rules before the end of summer. <\/p>\n

There are hints that the FCA will introduce something very similar to ESMA measures<\/a> very soon. The main difference with their plan is that CFDs and products similar to it, like turbo contracts, will be fully included in the regulations when it finally comes out!<\/p>\n","protected":false},"excerpt":{"rendered":"

Retail traders in Europe have been going through a tough time in recent months as EU financial watchdogs have tightened regulations and make things difficult for traders. Now traders in Austria are going to face new challenges as the financial watchdog in the country has decided to come down hard on traders. Austria\u2019s Financial Market […]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-9445","post","type-post","status-publish","format-standard","hentry","category-finance"],"yoast_head":"\nAustria Makes Things Difficult For CFD and Binary Options Traders -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Austria Makes Things Difficult For CFD and Binary Options Traders -\" \/>\n<meta property=\"og:description\" content=\"Retail traders in Europe have been going through a tough time in recent months as EU financial watchdogs have tightened regulations and make things difficult for traders. Now traders in Austria are going to face new challenges as the financial watchdog in the country has decided to come down hard on traders. Austria\u2019s Financial Market […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-14T16:02:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-14T18:01:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2019\/05\/austria.jpg\" \/>\n<meta name=\"author\" content=\"Petar Markoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@petarbejbi\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Petar Markoski\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/\"},\"author\":{\"name\":\"Petar Markoski\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/8f8796850357d24b6e9bde1117a32fc7\"},\"headline\":\"Austria Makes Things Difficult For CFD and Binary Options Traders\",\"datePublished\":\"2019-05-14T16:02:13+00:00\",\"dateModified\":\"2019-05-14T18:01:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/\"},\"wordCount\":427,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/austria.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/\",\"name\":\"Austria Makes Things Difficult For CFD and Binary Options Traders -\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/austria.jpg\",\"datePublished\":\"2019-05-14T16:02:13+00:00\",\"dateModified\":\"2019-05-14T18:01:02+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/8f8796850357d24b6e9bde1117a32fc7\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/austria.jpg\",\"contentUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/austria.jpg\",\"width\":380,\"height\":250},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/8f8796850357d24b6e9bde1117a32fc7\",\"name\":\"Petar Markoski\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/petar-markoski.jpg\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/petar-markoski.jpg\",\"contentUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/petar-markoski.jpg\",\"caption\":\"Petar Markoski\"},\"description\":\"Petar is the finance guru, if you need a good investment this is the guy you go to! Working majority of his days in the finance sector as trader, he has gathered plenty of insight on binary options and the forex markets\",\"sameAs\":[\"https:\\\/\\\/x.com\\\/petarbejbi\"],\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/author\\\/petar-markoski\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Austria Makes Things Difficult For CFD and Binary Options Traders -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/","og_locale":"en_US","og_type":"article","og_title":"Austria Makes Things Difficult For CFD and Binary Options Traders -","og_description":"Retail traders in Europe have been going through a tough time in recent months as EU financial watchdogs have tightened regulations and make things difficult for traders. Now traders in Austria are going to face new challenges as the financial watchdog in the country has decided to come down hard on traders. Austria\u2019s Financial Market […]","og_url":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/","article_published_time":"2019-05-14T16:02:13+00:00","article_modified_time":"2019-05-14T18:01:02+00:00","og_image":[{"url":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2019\/05\/austria.jpg","type":"","width":"","height":""}],"author":"Petar Markoski","twitter_card":"summary_large_image","twitter_creator":"@petarbejbi","twitter_misc":{"Written by":"Petar Markoski","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/#article","isPartOf":{"@id":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/"},"author":{"name":"Petar Markoski","@id":"https:\/\/www.legitgambling.com\/news\/#\/schema\/person\/8f8796850357d24b6e9bde1117a32fc7"},"headline":"Austria Makes Things Difficult For CFD and Binary Options Traders","datePublished":"2019-05-14T16:02:13+00:00","dateModified":"2019-05-14T18:01:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/"},"wordCount":427,"commentCount":0,"image":{"@id":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2019\/05\/austria.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/","url":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/","name":"Austria Makes Things Difficult For CFD and Binary Options Traders -","isPartOf":{"@id":"https:\/\/www.legitgambling.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/#primaryimage"},"image":{"@id":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2019\/05\/austria.jpg","datePublished":"2019-05-14T16:02:13+00:00","dateModified":"2019-05-14T18:01:02+00:00","author":{"@id":"https:\/\/www.legitgambling.com\/news\/#\/schema\/person\/8f8796850357d24b6e9bde1117a32fc7"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legitgambling.com\/news\/austria-makes-things-difficult-for-cfd-and-binary-options-traders\/#primaryimage","url":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2019\/05\/austria.jpg","contentUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2019\/05\/austria.jpg","width":380,"height":250},{"@type":"WebSite","@id":"https:\/\/www.legitgambling.com\/news\/#website","url":"https:\/\/www.legitgambling.com\/news\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.legitgambling.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.legitgambling.com\/news\/#\/schema\/person\/8f8796850357d24b6e9bde1117a32fc7","name":"Petar Markoski","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/petar-markoski.jpg","url":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/petar-markoski.jpg","contentUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/petar-markoski.jpg","caption":"Petar Markoski"},"description":"Petar is the finance guru, if you need a good investment this is the guy you go to! Working majority of his days in the finance sector as trader, he has gathered plenty of insight on binary options and the forex markets","sameAs":["https:\/\/x.com\/petarbejbi"],"url":"https:\/\/www.legitgambling.com\/news\/author\/petar-markoski\/"}]}},"_links":{"self":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/posts\/9445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/comments?post=9445"}],"version-history":[{"count":0,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/posts\/9445\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/media?parent=9445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/categories?post=9445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/tags?post=9445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}