The platform Sirix is compliant to the French regulations
The trading platform Sirix is now compliant with the French regulation
The new regulations of the Autorité des Marchés Financiers (AMF) requires brokers who want to promote their services in France to offer accounts with limited risk with stops secured and protection against the negative balance.
Leverate, a provider of technology that specializes in providing brokerage for the financial services industry, has confirmed that its trading platform Sirix is now fully compliant with the regulatory requirements in france.
According to Nicc Lewis, the marketing director of Leverate : “our goal is to provide our brokers regulated in the EU (CySec, FCA, Bafin …) the tools they need to successfully enter the French market. It goes without saying that our customers LX Lite (those who use our license) will also have access to this market. Our trading platform social is also compatible with the directives of the MIFID2, it can be adapted to any european regulations with ease.
The current trend is mainly meant to protect traders. In particular, by limiting the loss of customers according to their means. Most of the developments for social trading were based on a questionnaire from which the system can limit the loss and exposure.
We know that we need to adapt our products to changes in EU regulations. We allow the dealers to cross borders and we provide tools for marketing automation as Optim8, which optimizes the conversion and retention on a larger scale. The EU is in a phase of transition, the regulation is a factor that reduces the profit margin of brokers will need to offer their services in the world to compensate for this decline. A trading platform in compliance with regulations and marketing automation are essential tools that we can provide to brokers.
Test the platform Sirix in opening an account with a “Web Trader” at GKFX
