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Investment Forex Version 21, Foreign Exchange Market Discussion

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Chengi
post Dec 6 2019, 04:46 AM

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parking ?
Chengi
post Jun 24 2020, 11:27 PM

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QUOTE(waghyu @ Jun 19 2020, 01:00 PM)
Wow ok, no option to customize size account or leverage. Hope same rule applies with your account type.

Any other rules this broker apply to client trades let me know.
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EU regulation is always 1:30
Chengi
post Aug 4 2020, 12:23 PM

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QUOTE(Xmpartner @ Aug 3 2020, 10:00 PM)
EU regulated under 2 entity.

under IFSC, leverage up to 1:500 or higher depends on broker
under CYSEC, leverage up to 1:30
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I googled what is IFSC, it says The International Financial Services Commission (IFSC) is the agency in Belize responsible for regulating the financial markets.
When I google Belize, it is located in Central America. I wonder how Central America is connected to EU, maybe I missed something, can you share your knowledge?

if you want higher leverage while doesn't really care about the regulations, go for FBS 1:3000
Chengi
post Aug 5 2020, 12:37 PM

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QUOTE(Chengi @ Jun 24 2020, 11:27 PM)
EU regulation is always 1:30
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QUOTE(Xmpartner @ Aug 3 2020, 10:00 PM)
EU regulated under 2 entity.

under IFSC, leverage up to 1:500 or higher depends on broker
under CYSEC, leverage up to 1:30
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QUOTE(Chengi @ Aug 4 2020, 12:23 PM)
I googled what is IFSC, it says The International Financial Services Commission (IFSC) is the agency in Belize responsible for regulating the financial markets.
When I google Belize, it is located in Central America. I wonder how Central America is connected to EU, maybe I missed something, can you share your knowledge?

if you want higher leverage while doesn't really care about the regulations, go for FBS 1:3000
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QUOTE(Xmpartner @ Aug 5 2020, 02:17 AM)
ESMA (European Securities and Markets Authority) has introduced new stringent / draconian regulations for Forex Brokers who are regulated within the European Union. These restrictions greatly impact the amount of leverage a retail trader can access when trading Forex or CFD's with these brokers that are regulated in an EU country (including the United Kingdom - FCA)

So if you don't want ESMA refualtion you can opt for belizian refualtion for higher leverage. It's an offshore broker regulatory authority most brokers use to provide European citizens with higher leverage

FBS is also regulated by Belize

Well if you want a high leverage broker id appreciate if you sign up with XM under my affiliate.

I give back rebates upto $23 per lot
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Are you lost somewhere? My england might not be good but someone stated earlier they have no option to change the leverage so i said EU is always 1:30. Suddenly you came and said EU regulated under 2 entity and gave a regulation of non EU country claiming is EU? You don't even understand the regulation impact on the broker. My impression is you are trying to influence client decision saying there is no difference between the regulation body.

FBS offer 1:3000 and I did a research XM only provide 1:888. If it is same regulation and if i need more, why should I go for XM?
The higher spread rebate, the higher the spread to the client. If you could provide rebate of $23 per lot with ECN tight spread, then nobody need to trade to make $ but instead just enter into position and close position on the spot.
Chengi
post Aug 5 2020, 09:25 PM

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QUOTE(Xmpartner @ Aug 3 2020, 10:00 PM)
EU regulated under 2 entity.

under IFSC, leverage up to 1:500 or higher depends on broker
under CYSEC, leverage up to 1:30
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QUOTE(Xmpartner @ Aug 5 2020, 08:30 PM)
Yeah I don't want to bash any broker. But FBS has only Belize regulation and they were rejected by others. It's upto you to use them.

I am not influencing anyone. XM offers 2 options for regulations like I said for European clients.
When did I say Belize is a part of EU ?
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What do you mean EU regulated under 2 entity? unless there are more than 1 EU, I cannot understand what you mean. European Union (EU) and European client are 2 different thing.

if you want to compare, compare apple to apple. I don't use FBS but for you, I help to analyze / do fact findings.

https://fbs.eu/en/about/regulation:
Tradestone Ltd. (FBS) is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 331/17.

so to me, there is nothing difference between xm and fbs. Not only you don't do your home work, but to claims don't want to bash any broker when u said FBS were rejected by others? do you have any studies or statistics or report for reference ?

I don't use any of the mentioned brokers so there is no conflict of interest anyway.
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