Also, it must be noted that regulation is only one aspect of it and it tends to be the payout incase of insolvency within the broker. Clients should also look at whether they use a tier 1 bank to hold segregated funds, who audits them (firms like KPMG, BMO, Deloitte) and their LPs. The years of...
Okay my good man, I shall counter you on your argument.
Firstly, it is important to understand that many high flying brokers have adapted to this set up in terms of regulation due to the fact that the ASIC board members decided to become risk averse and only allow AU clients to receive cover...
The 90 day period that you are confusing yourself with Clive, is a method in regards to the refund of the original deposit- through Visa/Mastercard, only the deposit amount can be returned to the debit/credit card and no more subsequent payments; any PROFIT is delivered via bank wire.
What I can say in regards to your situation with FP Markets is that they by their own T&Cs will inform you when their leverage changes will be implemented. This therefore would increase the required margin for your positions, increasing the required equity level. Your margin level would also...
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