After hearing the news regarding CySec’s new guidelines, many brokerages are scrambling trying to figure out how to stay afloat and adapt to a business model that can no longer rely on bonuses as a way to attract new customers and leverage as a way of increasing volumes. The latest circular issued by the regulator comes as no surprise, given that in recent months CySec has set its sights on becoming a stricter, more reputable entity, nonetheless, the new guidelines are a tough pill to swallow for many regulated brokerages, while non-regulated ones continue to rise.

Read our article in LeapRate for our outlook on the matter.

 

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