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Closing ic market

The Seychelles don't have a strict monitary policy like in Australia. So when the broker is getting broke, your funds are less well protected than when you're an Australian citizen.
Also, a lot of scamming companies are located on the Seychelles, so this already shows that it is a tricky place.
So yes, it is a bad thing.
 
You can migrate to the IC (EU), which has a good financial regulation but you should be happy with a maximum leverage of 1:30
 
I think Australia not a fool :) A lots of Chinese trader put a lots of money with AU brokers and they will loss a huge clients and money if they prohibit oversea clients.
 
They changed their mindes, i m from EU and they noticed me that everything will be the same. Using ICMarkets for 2 years now, they are LEGIT and very good customer service really like themOk hand
 

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