Can I trade with an ASIC broker from London? I hear they are better- any recommendations?
Normally people from London would check for FCA regulated broker. There is one drawback. They impose stringent restrictions on leverage. If you want more flexibility with leverage, then ASIC broker is better. That’s the reason I chose FP Markets.Can I trade with an ASIC broker from London? I hear they are better- any recommendations?
ASIC is not a broker name. ASIC is a regulatory bodies.not heard of them? maybe check the Broker review section
ahh im sorry, heard of FCA not the Australian oneASIC is not a broker name. ASIC is a regulatory bodies.
ASIC = Australian Securities and Investments Commission (independently in Australia)
FCA = Financial Conduct Authority (independently in UK)
I think someone already explained the primary drawback whick impose stringent restrictions on leverage.