These CFD leverage restrictions were long coming and it raises a question. Wouldn't it be easier to simply introduce negative balance protection?
CFD leverage plays a vital role in CFD trading https://www.independentinvestor.com/cfd/leverage/ and high leverage wasn't the reason why many traders were losing money while trading CFDs.
RE: New ESMA Measures Impose 2:1 Restriction on Leverage for Crypto CFD
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New ESMA Measures Impose 2:1 Restriction on Leverage for Crypto CFD