I guess its over lads. No more trading for us ordinary britbongs because every trade will cost like a minimum of £600 on margin.
Congratulations to Shanghai for becoming the next financial capital of the world.
Total embarrassment for London.
>>1671314
not sure why this is a bad thing
bucket shops can't fleece mug punters as much... so what - doesn't affect any actual trading
Just use agents lol... non story.
>>1671314
UK already needs to tread lightly with regulations in order to keep the financial sector from leaving due to BREXIT and yet they pull this shit.
Spread betting and CFD trading is dumb money. Little more than gambling.
It's not like trading with stock, options and futures.
>>1671314
BAHAHAHAHAHAHHAHA
>>1671314
That's a good thing, only dumb, financially illiterate people trade with those instruments. Futures, stocks and options is where the real money is made. Also fuck FOREX traders, that's a nonsense, I have never met one with a long term profitability.
>>1673476
I don't know about futures and options, but they're already fucked on stocks because of their Bernie Sanders style stamp tax.
That's why CFD's are so big there.
>>1671314
Don't approve of this but spreadbetting is dumb.