Belgian financial supervision, FSMA, announced that the Irish broker AvaTrade and iCFD will pay a fine of a total of 375 000 EUR in connection with a violation of the regulations of the local regulations.

The Forex and CFD markets (contracts for exchange differences) have gained further restrictions in Europe. BaFIN, the German equivalent of the Polish Financial Supervision Authority, announced the introduction of amendments to the Act on Trading in Instruments [...]