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Gerald Segal

Gerald is the founder of FNG and is one of the most experienced writers covering the online trading sector. Prior to starting FNG, Gerald founded Forex industry B2B news website in 2010, selling it in 2018 to publicly traded Catena Media plc (STO:CTM). An avid skier, cyclist and ice hockey player, Gerald was previously an investment banker for more than a decade at Bear Stearns, Robertson Stephens, and Merrill Lynch. Gerald holds an MBA from Columbia University in New York and a BCOM degree from the University of Toronto.


    October 6, 2020 @ 10:39 pm

    just gives punters another reason to sign up to brokers outside uk which is already happening
    doesnt the government understand that when you take away what people wants to do they find a way to do it. and the government just loses the control over it they used to have. true in prohibition, marijuana, prostitution


    • Gerald Segal
      October 8, 2020 @ 1:58 pm

      Good point WDTL. This is really a dilemma that regulators face quite often. Do they limit / ban something that they truly believe to be wrong and/or harmful, even if they think that it might just push the activity underground? (Or in this case offshore). Or, do they let it happen in a way that stops the activity from going offshore, but in a regulated way. You can disagree with their decision and again your point is a good one. But its really a very grey issue, not just black and white.


  2. vlad
    October 8, 2020 @ 3:53 pm

    governments afraid of cryptoc. afraid will lose control of moneyfloe.


  3. Mobile Max
    October 8, 2020 @ 4:11 pm

    Why exactly is crypto at 2:1 leverage more dangerous than FX at 30:1? Why is crypto trading more dangerous than betting on sports? Maybe 888 and Betfred can start crypto betting?


    • Julian
      November 2, 2021 @ 9:30 am

      Because the govt and banks aren’t controlling it and they don’t like us earning more than 0.01% on our money.
      I’m sick of all this crap about how they are trying to protect our money and how it’s fir our good. The banks are the real crooks


  4. Harun
    October 8, 2020 @ 5:19 pm

    crypto exchanges next?


  5. hank
    October 9, 2020 @ 3:08 pm

    and people wonder why normal folks hate beureaucrats


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