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The ASIC policy prohibits us from providing services to clients in your region. Are you already registered with FBS and want to continue working in your Personal area?
Personal areaChanges are finally here. We have been waiting for this since October when ASIC released new regulations to ensure even better protection of the clients.
Several things are now different:
From now on, the maximum leverage level will be decreased for new positions.
The stop-out level (your margin level at which we start closing out some of your open positions) increased from 20% to 50%
Some inducements are now prohibited. Hope you had enough time to open the Welcome Bonus. If you did, your Bonus account will stay open and you can continue trading with updated leverage and stop-out levels
Check the ASIC Regulatory Update page for more information and keep these changes in mind when trading.