Prove me that regulations aint scammers!

I’m starting to think that those of us who live in the EU (maybe apart from Bulgaria/Cyprus/Malta?) are pretty lucky, with no difficulty at all using a properly regulated, safe broker.

Seems like a lot of the world is worse off? Americans have very limited choice and a second-class regulator, Australian brokers (even many of the ASIC-regulated ones?) apparently open offshore, non-ASIC accounts for new customers, (“regulated” only in Vanuatu!!), most other parts of the world have only subscription service regulators where the pretend “regulator” is a scam just like the pretend “broker” who’s actually a counterparty?

UK may be the best, from everything I read, then maybe most of the EU - but anywhere else is “difficult”?

A friend here has a UK account. I might try that myself, for the FCA regulation, if I ever need another one.

I’ve also seen a couple of people posting here, from other countries, not British and not UK residents, who have accounts in London, so that can obviously be done.

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