In most cases like 98% you'd be right, but not in mine, it's the 2% the rule is screwing for the sake of the stupid 98%. Then jobs lost businesses ruined i hate rules.
Grrrrrr.. regulators are choking traders everywhere… this threads on BP has a good list of options .. https://forums.babypips.com/t/going-offshore-to-escape-the-cftc/35612 LMFX features there & is one of the trusted ones on the list. But I agree there spreads are wide.. I trade with turnkeyforex from the same list. Spreads way better them lmfx. Hope it helps
I am trading with this firm, get 400:1 leverage on forex. It is not regulated by any authorities, so it doesn't have to comply with new rule.
I thought all UK based 1's are EMSA, to be fair I didn't see 82.3% of Retail clients lose money, on there site or whatever there stat's are, at the bottom of there web page, like a bad fag packet!!
In the UK and not regulated at all, sounds kinda risky!! You can be a Pro trader and get 400:1 anywhere, if you have 500K available, who the hell has 500K+ and puts it into a Forex Spot account LOL Crazy world!!
Someone gave you a link but you didn't care to research it. https://forums.babypips.com/t/going-offshore-to-escape-the-cftc/35612 FinPro Trading ranks #1 trusted broker among all their site recommended forex brokers. It is because although they are not regulated, they have long history of customers satisfaction and all customers on that site having live accounts with finpro gave positive reviews. Besides, if you choose to be classified as professional trader, you will lose many benefits only availabe to retail traders. your funds are not segregated no recourse whatsoever if the broker acts stupid no priority status in case of insolvency In this link they researched many forex brokers and finpro is finally ranked #1 trusted forex broker. https://forums.babypips.com/t/going-offshore-to-escape-the-cftc/35612/2479