Turkey restricts retail leveraged forex trading to $13,500 deposit, cuts leverage to max 10:1

Discussion in 'Wall St. News' started by mlawson71, Feb 15, 2017.

  1. JackRab

    JackRab

    Are you talking about Erdogan... or Trump? ;)
     
    #21     Feb 16, 2017
  2. mlawson71

    mlawson71

    The Turkish Forex industry is fighting the regulation as best as they can. Turkish brokers fear that the new rules include potentially serious outcomes for both investors and workers within the forex industry. A designated website has been createdwhere industry employees and clients can sign a petition protesting against the new rules.

    I doubt that a petition alone will be enough to change the regulation much though.
     
    #22     Feb 19, 2017
  3. Overnight

    Overnight

    ROFL!
     
    #23     Feb 19, 2017
    lawrence-lugar likes this.
  4. Mtrader

    Mtrader

    Erdogan will decide what will happen. And it will be something that will make him rich, that is the only thing he is interested in. And all Turkish people are stupid enough to help him realize that.

    https://www.occrp.org/en/daily/4957...e-erdogan-s-son-for-possible-money-laundering
     
    #24     Feb 19, 2017
  5. dealmaker

    dealmaker

    Erdogan may be a crorrupt I don't know. What I do know is that the guy who brought the complaint against Erdogan's son, Murat Hakan Uzan is a member of the Uzan clan who has swindled Motorola out of $4B and have been convicted both in Turkey and US. Murat Hakan Uzan's family ( father and brother) are fugitives from justice and wanted by Interpol. Complaint thus sounds politically motivated ( and was later dropped by the Italian prosecutor).

    http://www.ibtimes.com/motorola-sue...uding-fugitive-turkish-family-charged-1561375
    (read the content )

    https://en.wikipedia.org/wiki/Uzan_Group

    https://en.wikipedia.org/wiki/Cem_Uzan
     
    Last edited: Feb 19, 2017
    #25     Feb 19, 2017