It would seem that prohibiting forex dealers and binary options brokers from using bonuses is not entirely normal, and this ban is clearly contrary to the interests of customers.
But representatives of the European Securities Market Supervisory Authority do not think so. It is planned to introduce a ban on the use of bonuses that encourage customers to trade more and invest more significant amounts than it would be without the bonus.
And of course, this will hit binary options brokers the hardest, and this is not surprising, because it is thanks to bonuses that they attract customers. The amounts of bonuses are fabulously large, but in order to cash out the bonus, you need to make a turnover of 20-30 times the amount of the bonus itself.
According to experts, such a policy psychologically forces customers to invest more than they would have done if there had been no bonus. And this approach is not considered fair to the client.
Moreover, it is necessary that bonuses accumulate on a separate client account, and do not merge in any way with real money invested in trading.
