You've made some excellent points here, Dane. The forex trading landscape in the US certainly appears to be in need of diversification and improved competitiveness.
Access to trusted overseas regulated brokers, under the watchful eye of regulatory bodies like the FCA and ASIC, could indeed offer a solution that benefits both traders and the industry as a whole.
It's essential to prioritize client protection and accountability while also fostering a more innovative and dynamic trading environment. Here's to hoping for positive changes in the future!
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I wouldn't hold my breath.
It honestly feels like the US is getting more insular and strict with their financial regulations.
Just sucks for the people.