Does ASIC regulation cover me if I’m in Europe? I signed up with fpmarkets and see they have it but not sure. I want to trade with a broker where I’m protected – anyone?
Hey Buddy ... I am in Australia and am with FPMarkets and they are definitely covered under ASIC ... You are pretty much safe with any Australian Broker as our laws are pretty strict ... just stay away from those in Israel even if they say they are in the UK because man they are not ...
If the broker is regulated you are protected in a sense...I am not sure what regulation gives you though