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About Ritetrader

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  1. The regulators are using a hammer to crack a nut as usual. The new rules have little relevance, it is effectively a ban on trading similar in the US, stopping traders will small accounts from trading. Everyone has to start somewhere. The answer as someone has already mentioned, balance protection would have been the answer. Instead of targeting scam companies, they are targeting regulated brokers. The scammers will still be taking money off people despite their new rules!!