Hey everyone!
The questions I have is if there is a difference in security / safety and quality of the broker depending on the location of their regulating body.
It is practically the same company but just under different jurisdictions (Australia vs. Seychelles).
The reason I am contemplating IC Markets Seychelles is because I need high leverage on some trading days when I find a killer setup. IC Markets Australia and other Australian brokers are being forced to reduce the leverage they offer. Basically, it is what EU traders faced with the ESMA regulations in 2018.
Is there anything else I need to beware of? All and any input on IC Markets Australia vs. IC Markets Seychelles is highly appreciated!
Thanks!
The questions I have is if there is a difference in security / safety and quality of the broker depending on the location of their regulating body.
It is practically the same company but just under different jurisdictions (Australia vs. Seychelles).
The reason I am contemplating IC Markets Seychelles is because I need high leverage on some trading days when I find a killer setup. IC Markets Australia and other Australian brokers are being forced to reduce the leverage they offer. Basically, it is what EU traders faced with the ESMA regulations in 2018.
Is there anything else I need to beware of? All and any input on IC Markets Australia vs. IC Markets Seychelles is highly appreciated!
Thanks!