E Forex Brokers May Start Fleeing The UK! But Where Will They Go?

Packing up and going to an offshore country, carries risk as well. Most importantly, it carries risk to the brand of the brokerage. For example, stating that you are based in Seychelles or Belize is not the best thing you can do as a sophisticated Forex brokerage with years of experience.

At this point, it is most likely that brokers will take the risks and go for either South Africa or Australia. But the decisive actions are yet to be taken.

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