We're not sure if this is the beginning of a new trend. Frankly, we doubt it, although we know that there are certain "advisers" out there encouraging unlicensed Retail FX and CFD brokers to build their credibility by "getting regulated" in exotic locales, when setting up a proper subsidiary in the UK or Cyprus is…
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LeapRate Exclusive... FCA licensed spread betting, Forex and CFD brokers have seen an increasing amount of competition lately, mainly from foreign brokers who come to the UK to get "FCA regulated". These brokers do so in the hopes of landing a foothold in the very lucrative UK market, still the world's highest value market in…
Read moreIt has been nearly two months since New Zealand's Financial Markets Authority (FMA) voiced its concerns over the growing number of complaints it receives over Forex companies that are registered in the Financial Service Providers Register (FSPR). It seems that the FMA was not the single regulatory body in New Zealand to be concerned over this…
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