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ASIC Brokers will DIE ?

FXPIP ONE
apple1st (apple1st)
Jun 10 2019 at 21:42
126 príspevkov
There's a lot happening in Australia since ASIC started to collect data from the brokers since april. 2 australian brokers have already cancelled their business with oversea clients completely. Maybe more will follow in the next weeks. And there are a lot of rumors surfacing that ASIC might start to go down the route of ESMA and impose leverage restrictions
....I would wait until end of june first in order to see if ASIC starts to make the same restrictions like ESMA or not.

togr (togr)
Jun 11 2019 at 07:25
4862 príspevkov
apple1st posted:
There's a lot happening in Australia since ASIC started to collect data from the brokers since april. 2 australian brokers have already cancelled their business with oversea clients completely. Maybe more will follow in the next weeks. And there are a lot of rumors surfacing that ASIC might start to go down the route of ESMA and impose leverage restrictions
....I would wait until end of june first in order to see if ASIC starts to make the same restrictions like ESMA or not.


Well that is horrible news for me
I rely on well regulated brokers in Australia with great trading conditions

stesens
Jun 11 2019 at 07:26
11 príspevkov
can yu please mentio the 2 australian brokers have already cancelled their business with oversea clients ?

Enyinnaya
Jun 11 2019 at 10:55
9 príspevkov
This is awful news. No one can make any money from Forex if we all have to use 1:20 leverage accounts. It will ruin the industry. What news source are you using to keep trade of ASIC developments?

FXPIP ONE
apple1st (apple1st)
Jun 11 2019 at 16:36
126 príspevkov
will see next days at end of June...IcMarkets just canceled all my IB area with no reason....sad
To find good broker really hard today...all go to nonRegulated ...

Drazeer (Drazeer)
Jun 12 2019 at 06:17
4 príspevkov
stesens posted:
can yu please mentio the 2 australian brokers have already cancelled their business with oversea clients ?

Pepperstone is one.

FXPIP ONE
apple1st (apple1st)
Jun 12 2019 at 10:29
126 príspevkov
Drazeer posted:
stesens posted:
can yu please mentio the 2 australian brokers have already cancelled their business with oversea clients ?

Pepperstone is one.

Nice ( just wanted to join them...

parish
Jun 12 2019 at 11:33
58 príspevkov
apple1st posted:
will see next days at end of June...IcMarkets just canceled all my IB area with no reason....sad
To find good broker really hard today...all go to nonRegulated ...

 i am with broker fx choice.
 correct broker

i trade to make money not to be right
FXPIP ONE
apple1st (apple1st)
Jun 12 2019 at 11:39
126 príspevkov
parish posted:
apple1st posted:
will see next days at end of June...IcMarkets just canceled all my IB area with no reason....sad
To find good broker really hard today...all go to nonRegulated ...

 i am with broker fx choice.
 correct broker

i very happy that its correct for you . for us not correct ... and we discuss there restrict of leverage and canceling business of Asic Brokers outside the Australia

parish
Jun 12 2019 at 11:43
58 príspevkov
apple1st posted:
parish posted:
apple1st posted:
will see next days at end of June...IcMarkets just canceled all my IB area with no reason....sad
To find good broker really hard today...all go to nonRegulated ...

 i am with broker fx choice.
 correct broker

i very happy that its correct for you . for us not correct ... and we discuss there restrict of leverage and canceling business of Asic Brokers outside the Australia

for wat does it stands Asic ?
i am in europe
but trade with a vpn maskering ip adres en my trades info 😎

i trade to make money not to be right
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