Regulation & safety

Product Intervention

A competent authority’s power to prohibit or restrict marketing, distribution or sales of specified products within its remit. EU powers include MiFIR Articles 40–42; ESMA and national measures have defined scopes. Retail CFD restrictions follow relevant local frameworks rather than one identical global rule.
Example.

In a hypothetical covered regime, a major-pair CFD has a 30:1 leverage cap. USD 30,000 exposure requires USD 1,000 initial margin on a consistent valuation basis. Another product or client may follow different requirements.

Powers to restrict products

Intervention can prohibit or restrict marketing, distribution and sales of specified instruments. EU powers arise, among other provisions, under MiFIR; ESMA and national measures have their own scope and duration.

A package of safeguards

Retail CFD measures included leverage, margin close-out, balance protection, inducements and risk warnings. One cap does not describe the whole framework. UK and Australian regimes use separate national instruments.

Checking current application

Identify authority, date, client country, entity, product and category. ESMA's temporary decision should not be described as the sole direct source of every 2026 obligation. Local rules can be more detailed.

Primary source checked 11 October 2026: www.knf.gov.pl.

FAQ

Is product intervention a broker licence?

No. It restricts products or their distribution; firm authorisation is separate.

Do EU measures apply identically worldwide?

No. Each relevant jurisdiction and agreement require their own assessment.

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Jarosław Wasiński

Editor-in-chief, ForexMechanics.com • Macro & FX analyst

Independent analyst and practitioner with over 20 years of experience in financial markets. Actively involved in Forex since 2007, with a focus on fundamental analysis, OTC market structure, and disciplined capital risk management.

  • Creator and editor-in-chief of MyBank.pl, providing reliable financial education since 2004.
  • Author of hundreds of in-depth market commentaries, structural analyses, and educational materials for traders and investors.
  • Advocate for market transparency, promoting education grounded in hard data and institutional reports (BIS, ESMA, CFTC).

All content is educational and informational only – it does not constitute investment advice or a recommendation. Remember: leveraged trading (Forex/CFD) carries a high risk of rapid capital loss.