If I am a US resident but use a broker outside the US which accepts US clients are my winnings technically illegal if my broker doesn’t abide by maximum leverage, FIFO, and hedging/netting laws? Or if I trade with an unregulated broker at all is that illegal? As long as I pay taxes on my winnings right? Thanks in advance.
There is a fact that with a reliable license from regulatory agency, brokers will be safe to work with even if there is a bankruptcy of brokers or there are losses of clients’ funds and profits. In short, regulated brokers are always recommended. #brokersguru #FanaraFilippo #best_forex_brokers
Forex is the largest, most liquid market on the planet. That size and scope creates unique challenges regarding market regulation. How do you regulate a market that is trading 24 hours a day, all over the world? For retail FX traders, the biggest risk of non-regulation is that of illegal activity or outright fraud. Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions, and guidelines.. Forex market regulation refers to the rules and laws that firms operating in the forex industry must follow. Forex Regulatory bodies In each country, there are government institutions, independent financial institutions, and independent regulators who oversee Forex brokers and regulate their trading practices. Forex regulation help avoid foreign exchange fraud and scam brokers. Forex brokers usually launch with regulation in only a single country. Obtaining such regulatory approval is usually not an easy achievement, especially in jurisdictions with stricter regulation. New brokerages typically start with regulation in a single country and will then seek to gain regulatory licenses in other countries where they wish ... CMBT has a highly detailed regulatory structure derived from the global norms of capital market regulation, which is visible in the way the Turkish regulators regulates its Forex brokers as well as other financial market participants.
Forex and Regulation: Good or Bad? Zoe Fiddes, Currency Analyst comments. PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! What do the regulators do to pr... LQDFX: http://bit.ly/2F3UNCV OspreyFx: http://bit.ly/2I1obKq LMFX: http://bit.ly/MyLMFXBroker My Telegram- https://t.me/joinchat/AAAAAEqV2KGt1vV3IMXbbA Broke... How much capital do you need to make the same profit pre-ESMA rules? This is a common question traders ask because recently the European Securities Markets A... Join our Trading Room where we discuss All Things Forex on a daily basis: https://bit.ly/2PO2rnG Is forex trading really dead? There is a big discussion goin... Stephen Story discusses recent NFA regulations affecting the US Forex market. He discusses forex strategy and the forex systems that are needed to continue trading with success, with high leverage ...