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/biz/ - Business & Finance

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1671314 No.1671314 [Reply] [Original]

I guess its over lads. No more trading for us ordinary britbongs because every trade will cost like a minimum of £600 on margin.

>> No.1671907

Congratulations to Shanghai for becoming the next financial capital of the world.

Total embarrassment for London.

>> No.1672796

>>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

>> No.1672821

Just use agents lol... non story.

>> No.1672895

>>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.

>> No.1672931

Spread betting and CFD trading is dumb money. Little more than gambling.

It's not like trading with stock, options and futures.

>> No.1672937
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1672937

>>1671314

BAHAHAHAHAHAHHAHA

>> No.1673476

>>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.

>> No.1674693

>>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.

>> No.1675351

>>1671314
Don't approve of this but spreadbetting is dumb.