ESMA issues a warning to retail investors on trading in foreign exchange products

05 December 2011

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 has issued a warning.

Full warning

© ESMA