In Ireland, CFD & forex brokers are covered by regulations issued by the European Securities and Markets Authority (ESMA), as well as the Central Bank of Ireland (CBI). This means that leverage for non-professional traders is severely limited, just as the case is for CFD brokers in the rest of Europe. However, there are still good opportunities for traders who put some effort into finding the best CFD & forex brokers in Ireland.
CFD brokers in Ireland are required by the national regulator to ensure retail traders are protected in a number of ways. This includes offering CFD traders negative balance protection on their accounts, which means that a trader using an Irish CFD broker can never lose more money than he has deposited into his trading account.