Forex Brokers That Accept Banks Of Indonesia Payment Method for Deposit and Withdrawal

All brokers that operate in the UAE must be regulated and obtain a license either from the SCA, Central Bank, or other regulatory authorities. They should also comply with Sharia law, which means that certain operational requirements must be fulfilled.

In addition, any non-resident international entity or forex broker that wishes to offer its service within the Emirates should have a local or domestic representative in the country, either in the mainland or in any financial zone. So before they can operate, they must be listed under the SCA or DFSA and gain approval from either of them.

Continue Reading at Best Forex Brokers in United Arab Emirates (UAE)

Basically, if the broker's "licensed", then it's just as good as "regulated". It means that the broker has obtained a license to operate as a broker in the country and is protected by its laws. Just like regulated brokers, if there is a legal issue, it will be resolved in the area of origin of the broker's license.

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

Here are some things to look for when choosing a forex broker for hedging:

• Low spreads
• High leverage
• Good execution
• Competitive fees

Continue Reading at Introduction to Forex Hedging Strategy

Local brokerage executives and regular traders in Nigeria believe that forex traders will be safe trading within their own risk limits. Many traders in these countries feel safe when trading with foreign brokers.

They feel safe because the international brokers they use is a European broker and is regulated by European regulators. Despite this, trading experts in Nigeria believe that the notion would only apply to experienced traders; beginners would still be at high risk as they tend to be gullible.

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