Focus on stocks priced under $5 with average daily trading volumes exceeding 500,000 shares. High liquidity reduces slippage risk, while low share prices allow for larger position sizes with limited capital. Prioritize companies filing quarterly reports with the SEC to avoid unregulated Pink Sheet securities, which lack transparency. Allocate no more …
Yes, forex trading is legal in Thailand through brokers regulated by the Securities and Exchange Commission (Thai SEC). The Thai SEC caps leverage at 1:50 for major currency pairs and 1:20 for minors, with mandatory negative balance protection. Only firms licensed under the Derivatives Act 2003 can offer forex services–foreign …
Yes, forex trading is legal in Turkey under strict regulation by the Capital Markets Board (CMB). The CMB requires all brokers operating domestically to obtain authorization and comply with leverage caps of 10:1 for individual traders, enforced since 2021 to mitigate risk. Unregistered platforms face penalties, including fines of up to …
Forex trading is legally permitted in the Democratic Republic of the Congo (DRC), but strict regulatory oversight applies. The Central Bank of the Congo (BCC) governs all foreign exchange activities, requiring brokers to obtain licensing. Traders must verify a broker’s BCC registration before opening accounts. The Congolese franc (CDF) remains the …
Forex trading for Iranian residents is technically illegal under current Iranian law. The Central Bank of Iran (CBI) prohibits individuals from engaging in foreign exchange transactions outside officially regulated channels, which are limited to banks and licensed institutions. Violations can result in fines, asset freezes, or imprisonment under Article 11 …
Forex trading through international brokers is illegal for residents of Vietnam. The State Bank of Vietnam (SBV) strictly prohibits individuals and organizations from participating in offshore forex markets. Only licensed domestic banks and financial institutions can offer currency exchange services, per Decree 88/2019/ND-CP. Violations carry fines of VND 150–200 million ($6,000–8,000) …
Yes, forex trading is legal in Egypt, regulated by the Egyptian Financial Regulatory Authority (FRA) since 2018. All brokers operating locally must hold FRA licenses, ensuring compliance with strict capital adequacy and risk management standards. Platforms like Exness, XM, and FxPro are popular choices due to their FRA registration and …
Are you ready to dive into the exciting world of forex trading? Whether you’re a budding investor or simply curious about financial markets, this comprehensive guide will walk you through everything you need to know about forex trading in the UK. Understanding Forex Markets: The Gateway to Global Trading The …
What are Flag Patterns? Definition and Explanation Flag patterns are a type of continuation pattern observed in technical analysis. They indicate a brief consolidation period before the price continues moving in the previous direction. These patterns resemble a flag on a pole, where the initial strong price movement forms the …
What is Base Currency? Definition and Explanation The base currency is the first currency listed in a currency pair in forex trading. It represents the value of one unit of that currency in terms of the second currency in the pair (the quote currency). For example, in the currency pair …