4evermaat
2nd Lieutenant
- Messages
- 2,709
I'm not sure how this is relevant? Uk residents can trade using ASIC or Cyprus regulated brokers using unrestricted leverage ever since the reduction. Unless you're willing to outright say REMOVED is a scam broker or REMOVED for example. Seems like a bit of a silly comparison.
I'm not currently accusing any other brokerages here. Or making any recommendations. I'm simply saying that if you are judging a brokerage quality based on the amount of leverage it offers, without understanding how they are able to make such an offer (or rather what does the broker have to gain from offering high leverage to retail clients).
Because scam offers often entice people with too-good-to-be-true offerings. And most retail traders won't know what hit them. I will be writing an article soon expounding on this subject.