hatemypips
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Of course and there is also a strong tax reason. I don't see a problem trading with offshore broker if it acquired FCA license. Hotforex, Exness, Tickmill are good examples, they all started from offshore entities.There is nothing wrong with an offshore broker (I trade with one). The only reason they want to be offshore and unregulated is that they dont want their leverage to go from 1:500 to 1:30, this will effect there business to loads.