These types of products are characterized by their high risk Y high volatility short term. CFDs usually incorporate leverage, which implies that the investor may incur higher losses to the amount disbursed. The CNMV, according to its investor protection mandate, notes that these products are not suitable for retail customers. The allusion is understood as a warning to the fan who is interested in what announces the shirt of his team. ESMA (European Markets and Securities Authority) has transmitted to Spain what do you expect adopt similar measures to those that have already been taken in each other’s countries Great football leagues.Companies like Google Y Facebook They already have prohibited or limited the advertisements related to the marketing of these products. Google has even banned ads from Binary options and cryptocurrencies. According to the CNMV, it would be justified to restrict the advertising, sponsorship or collaboration of these companies and will include the issue in the 2020 Activity Plan. As for the bookmakers, at the moment their advertising will not be prohibited, but always in a time slot. Under the spotlightEasy Forest: Investment services company. It operates with CFD, forex, stocks, indices and cryptocurrencies, and allows access to more than 200 markets.Libertex: Investment services company that operates in 27 countries. It operates in CFD, forex, cryptocurrencies, etc … It has 2.2 million clients worldwide.Plus500: Investment services company listed on the London Stock Exchange. It is a provider of CFDs, stocks, forex, cryptocurrencies, options and indexes.Exness: Investment services company. It operates with CFD, forex, cryptocurrencies, etc … Authorized company in the United Kingdom and the Seychelles.Ever FX: Investment services company. It operates with CFD, forex, cryptocurrencies, etc … The National Securities Market Commission (CNMV), according to a study to which it has had access AS, warns that several of the sponsors Y sponsors of First clubs announce complex financial products And do not rule out putting restrictions on your advertising. Currently there two teams who advertise on their shirts to these types of companies, whose advertising could be considered toxic: Athletic (Plus500) Y Betis (Easy Markets). Both are investment services. The CNMV has observed a considerable increase in sponsorships of football clubs and top-level players by service companies whose products are forex (currency market), CFD (financial contracts for differences), OB (binary options) or cryptocurrenciesAthletic Y Betis They have as partners sponsors companies that are dedicated to this type of financial business, same as Real Madrid (Exness), Valencia (Libertex), Seville (Ever FX) and Getafe (Libertex). Six are the Spanish clubs that are affected, while most European countries have opted for restrict or prohibit the commercialization, distribution or sale from CFD and OB to retail investors. Club sponsorship activity is not limited to including the name of the company in the kit. Mentions are also included in the websites of the teams or the participation of the players in advertising and marketing events. In addition, discounts are usually offered to members of the football clubs they sponsor.