Turkey restricts retail leveraged forex trading to $13,500 deposit, cuts leverage to max 10:1

Mtrader said:
It is Turkey that is imposing this as the Turkish Lira is already crashing some time.
All the other parties have to follow.
Not only the Lira will crash completely, whole Turkey will crash with Erdogan.
If dictators manipulate media, steal all the money they can, and cancel all human rights, this is what happens.
His friend Poetin has the same problem.
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Are you talking about Erdogan... or Trump? ;)
 
mlawson71 said:
The Turkish Forex industry is fighting the regulation as best as they can. Turkish brokers fear that the new rules include potentially serious outcomes for both investors and workers within the forex industry. A designated website has been createdwhere industry employees and clients can sign a petition protesting against the new rules.

I doubt that a petition alone will be enough to change the regulation much though.
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Erdogan will decide what will happen. And it will be something that will make him rich, that is the only thing he is interested in. And all Turkish people are stupid enough to help him realize that.

https://www.occrp.org/en/daily/4957...e-erdogan-s-son-for-possible-money-laundering
 
Mtrader said:
Erdogan will decide what will happen. And it will be something that will make him rich, that is the only thing he is interested in. And all Turkish people are stupid enough to help him realize that.

https://www.occrp.org/en/daily/4957...e-erdogan-s-son-for-possible-money-laundering
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Erdogan may be a crorrupt I don't know. What I do know is that the guy who brought the complaint against Erdogan's son, Murat Hakan Uzan is a member of the Uzan clan who has swindled Motorola out of $4B and have been convicted both in Turkey and US. Murat Hakan Uzan's family ( father and brother) are fugitives from justice and wanted by Interpol. Complaint thus sounds politically motivated ( and was later dropped by the Italian prosecutor).

http://www.ibtimes.com/motorola-sue...uding-fugitive-turkish-family-charged-1561375
(read the content )

https://en.wikipedia.org/wiki/Uzan_Group

https://en.wikipedia.org/wiki/Cem_Uzan
 
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