Recent content by 553FO2H718

Today I heard an unofficial news from my broker that ESMA is going to prohibit EU residents from opening brokerage accounts with companies which are not regulated in the EU. This basically means that we'll only be able to use EU brokerage companies. According to them this new rule will be...

Then how is it possible that many US futures brokers offers SP500 e-mini and EUR futures for $500 while EU brokers requires at least $1,000-$2,000?

It's also a valid point especially in your case because you live in the UK. For me however it's different because both the UK and for instance Switzerland is a foreign country so whether I'd stick to the UK or I move my account to another jurisdiction, I'd face with the same difficulties if I'd...

In this case I prefer to believe to the facts and to those who represents the market but I respect your choice that you rely on a friend of yours, an individual. By the way, if you're against leverage, then you should ask (assuming you live in the EU and not in Russia) them to ban many products...

I guess you don't understand the way leverage works and yes, they do make money from people who use more leverage. You're not arguing with me, but with them. Just read CMC Market's, Admiral Market's, IG Market's, etc. revised forecasts and complaints. Their costumers already began moving...

I don't get it. Every single broker has just announced their revised forecast because of the leverage restrictions and they're going to have less revenue, less profit and they're going to pay less tax. Also they said that a big number of their costumers are already migrating their accounts to...

What does the FCA give you that other regulators in other jurisdictions can't? The deposit protection has its limitations. What do you gain by limiting the leverage for others, how do you personally benefit by telling others how to do their business?

Do you know any EU regulated broker which offers low (~$500) daytrade margin on CME futures? Something like AMP or Apex Futures but in the EU.

ESMA has imposed a new leverage restriction and it applies to the EU forex brokers. From August 1, 2018 they'll only be able to offer a 30:1 leverage for major pairs, 20:1 for non-major pairs and gold. This means that we will be offered less leverage than what our American friends are being...