Geraldo Getz
Recruit
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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?
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ASIC regulation in EU
- Thread starter Geraldo Getz
- Start date
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- Tags
- asic regulation
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
anyone?
JamesForexSlayer
Sergeant
- Messages
- 219
If the broker is regulated then you are covered. This is regardless of country.
georgequayle
Recruit
- Messages
- 154
Brokers are regulated per region
Nope, sometimes brokers can have several licenses, for example on broker I know has CySEC, FCA, South Africa licenses, and also a EU one.
