Weekly Summary: Prop Firms Sneak Into India Through “Education”; CySEC’s New CFD Limits Downplayed by Brokers
Prop firms dodge restrictions in India with “education” brandingProp firms seem to have found a way into India’s market: Using “education” campaigns to attract clients while avoiding banned terms like forexand CFDs. Ads in Hinglish – a blend of Hindi and English – are also provingespecially effective.A sector-wide analysis of the top 50 prop firms found thataround 40% of their organic website traffic comes from India. Google Trendsalso highlights growing local interest, showing sharp increases in searches f ...