I had shortlisted FP Markets a few months ago as their Trading conditions are better compared to other ECN brokers (Low Spreads & Commission) I am planning on opening a mid sized live account within a month or so.
However, i am based in EU and don't want to deal with their CYSEC license because of the low leverage. Based on the info in their website, https://www.fpmarkets.com/fp-markets-group/ I can see that they have ASIC and a offshore entity that offers higher leverage.
With ASIC leverage restrictions around the corner, I wanted to know if it is safe to open a account with their Global regulation as i assume there wont be any leverage restrictions with these offshore licenses in the near future?
However, i am based in EU and don't want to deal with their CYSEC license because of the low leverage. Based on the info in their website, https://www.fpmarkets.com/fp-markets-group/ I can see that they have ASIC and a offshore entity that offers higher leverage.
With ASIC leverage restrictions around the corner, I wanted to know if it is safe to open a account with their Global regulation as i assume there wont be any leverage restrictions with these offshore licenses in the near future?