Hi all,
It happened in the UK, should we be surprised that it’s now going to happen in Australia? Just saw this headline, and it appears that it’s only a matter of time till we face much higher levels-or total-regulation of this sector in Australia. Looking at tightly regulating or banning CFDs and margined FX. I couldn’t read the article, but it gives a pretty clear idea. Would this effectively bring IG down, or would we be faced with 5% margins at best (pretty much the same thing…)??
It appears that the hardest thing in this game isn’t developing a successful strategy-which I have now done-but having access to a market to trade it!!
Can an Aussie run a VPN and have a Swiss IG account??
If I convert my codes to easy language and go tradestation, what brokers could I go with where I could get decent margin access??? Is it just IB with its 10k minimum? Or will that be smashed now in Australia too??
I don’t have half a million to trade with-yet. Why is it that the world just wants to smash the little guy? Yes I get it that there are a lot of discretionary gambling degenerates who can’t find the off button and are totally not suited to 200% leverage, but what about those of us who are going down the professional path?? Surely at the very least if you’re systems building, programming and automating and not just clicking that mouse for more free spins, that would show some level of ability and understanding to a regulator???
Any news on this, please post.
Finning.
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