We are well-prepared for these changes. FP Markets is a group of companies and clients have the ability to open an account with our group entities which will maintain current trading conditions. Regardless of the group entity, clients will continue to receive the same products, services, high levels of customer service and powerful technology that they are accustomed to at FP Markets.
Some clients will also be able to continue to trade under the current trading conditions with our ASIC entity, including higher leverage, by opening an FP Markets Pro Account.
2. As well-known regulators are moving in alignment with each other in terms of client protection and leverage limits, there are many unregulated offshore brokers popping up. What advice can you give to clients when picking a broker to trade with this year?
Make sure you do your homework when choosing a broker. Read online reviews and check ratings on respected websites. First question to ask is are they regulated and if so,…