How does the FSA fit into a potential customer's plans when choosing a spreadbetting companies?
When he sees "authorised and regulated by the Financial Services Authority (FSA), a member of the London Stock Exchange, LIFFE, Eurex, Deutsche Borse, Paris Bourse and Euronext", etc, he can be more or less assured the company is more or less reliable, even if the bid-ask spread may be a bit wide.
But when he sees a website stating "Authorised and regulated by the Financial Services Authority", when he tries the demo software he reads the license agreement and it states that
"Terms and Conditions and all business transacted between the Company and Customer shall be governed by, and shall be construed in accordance with, the laws of", say, somewhere in Africa, won't he be thinking and thinking and thinking?
When he sees "authorised and regulated by the Financial Services Authority (FSA), a member of the London Stock Exchange, LIFFE, Eurex, Deutsche Borse, Paris Bourse and Euronext", etc, he can be more or less assured the company is more or less reliable, even if the bid-ask spread may be a bit wide.
But when he sees a website stating "Authorised and regulated by the Financial Services Authority", when he tries the demo software he reads the license agreement and it states that
"Terms and Conditions and all business transacted between the Company and Customer shall be governed by, and shall be construed in accordance with, the laws of", say, somewhere in Africa, won't he be thinking and thinking and thinking?
