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Regulated Forex Brokers

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Recognizing the best forex brokers is not just a matter of identity and basic trading needs. You may need to compare some of them to have more clarity when browsing through some information on forex brokers.


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Score Broker Regulation Payment Min Deposit Max Leverage

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.

Additional FAQ

Here are some of the best offshore trading regulations which attract forex traders worldwide:

  • Tax Benefits: By offshore forex trading, a trader can be exempt from paying taxes in their country of residence.
  • High Leverage: Offshore brokers are not being strictly controlled by their financial authorities. Due to this, they're able to offer riskier leverages up to even 1000:1 in order to attract more clients to invest with them.
  • Assets Availability: Most countries have banned quite a few financial assets like cryptocurrency due to how volatile it is. Offshore forex trading is therefore extremely popular as traders don't have to worry about some assets not being available to them for trading.

Continue Reading at Your Simple Guide to Offshore Trading

Some brokers might claim that they are in the process of applying for a license or a license extension. But in reality, not all brokers are true to their words. Some of them don't actually apply for any license and only use those words to steal the clients' funds. Even if the license is indeed "in the process", the broker's still unregulated during that time.

Continue Reading at Forex Regulation Insights: Defining Your Broker's Status

Here are the steps on how to check if a forex broker is regulated:

  • Check the broker's website.

  • Visit the regulatory agency's website.

  • Contact the regulatory agency.

Continue Reading at How to Avoid Forex Broker Scams

Online trading in Nigeria is currently unregulated, while offline forex trading is well-regulated. This regulatory contrast is due to the differences like these two markets.

Continue Reading at Is It Safe to Trade Forex in Nigeria?


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