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AFM in the Netherlands Bans Binary Options Trading Permanently

You may have noted while following our updates that the Dutch Financial Markets Authority (AFM) was considering placing a permanent ban on binary options trading in the country.
The AFM has made it official, announcing their decision to go through with the ban in a news release titled, "AFM takes national measures to prohibit binary options and to restrict the marketing or sales of CFDs."
The article explains:
As of 19 April 2019 the marketing, distribution or sale of Binary Options to retail investors in and from The Netherlands is prohibited; the marketing, distribution, or sale of CFDs to retail investors in and from The Netherlands is restricted.
The Netherlands is not the only country to be taking these steps, and it is likely that even more European nations will follow suit with prohibiting and restricting binary options and CFDs.
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