Regulated by the usa what are cftc binary option brokers
The FCA warned that the price volatility of the underlying cryptocurrencies - which in some cases have dropped by more than 30 per cent in a day - and the high leverage offered by some firms meant customers could suffer considerable losses.
In some cases, they could end up owing money to the firm, it said. It also made clear that it regulated cryptocurrency CFDs. Jake Green, regulation partner at Ashurst, a law firm, said: Brokers have been warned that the FCA will not look too kindly on providers that do not offer appropriate levels of client?.