Forex and CFD Brokers Belgium
In Belgium, the financial regulatory authority is the Financial Services and Markets Authority (FSMA), known as Autorité des services et marchés financiers (FSMA) in French and Autoriteit voor Financiële Diensten en Markten (FSMA) in Dutch. The FSMA is an independent public institution responsible for supervising and regulating the financial sector in Belgium. Its main objective is to ensure the stability, transparency, and integrity of the financial markets and protect the interests of consumers and investors.
CFD stands for Contract for Difference. It is a popular derivative product that allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. CFDs provide an opportunity to profit from both rising and falling markets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.