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- fxwisdom replied Sep 19, 2018
I just looked at IC Markets Product Disclosure Statement! Take a look at this for how at risk your money is when dealing with non EU regulated brokers: "When you make a payment which is deposited into the CMTA, IC Markets isentitledto withdraw from ...
- fxwisdom replied Sep 18, 2018
The frustrating thing is that I can't fully explain without revealing the midas touch strategy to always being able to bet and win. Unless traders know what I know they can't understand the issue with ESMA. Never mind.
- fxwisdom replied Sep 18, 2018
When is the UK going to get rid of these crazy ESMA leverage restrictions? They are horrific and mean people with a lower funded account are at risk of losing all of their account balance. With more leverage you can defend a bet that goes against ...
- fxwisdom replied Aug 4, 2018
Can I just point out to any novice traders that when you read that there are other non UK based spreadbetting companies you can join offering 1:500+ leverage this does not always mean you should jump to them. Brokers are very clever and never want ...
- fxwisdom replied Aug 3, 2018
LCG represent London Capital Group. They formerly used the name Capital Spreads. They are regulated in the UK by the FCA. The highest form of regulation you can get. In other words your money is insured up £50k GBP under the Financial Services ...
- fxwisdom replied Aug 3, 2018
Re Demo Accounts - FYI - Just received this from LCG: Dear Client, We would like to inform you that, as part of the implementation of the new European Securities and Markets Authority (ESMA) regulation, we will be applying leverage restrictions on ...
- fxwisdom replied Aug 1, 2018
ESMA is an insane policy created by people who really do not know what they are doing. The irony is that the new rules will actually wipe out new traders accounts much faster. Newbies will place 1 trade and watch it lose; they can't even hedge it ...
- fxwisdom replied Jul 31, 2018
magne999 have you tried IC Markets? I created an account with them yesterday and there seems to be no sign of any ESMA issue. So far so good. Thanks to mw108.
- fxwisdom replied Jul 30, 2018
I am with LCG and this morning I woke up to see that my trading account now has the option to trade the DAX with 10p per point rather than last week which was 50p per point. Sounds good right? Well it depends! I have worked hard for three years ...
- Posts by Member Search: 'fxwisdom'