Yes, forex trading is legal in the UK, but it must be conducted through platforms authorised by the Financial Conduct Authority (FCA). The FCA mandates leverage limits of 30:1 for major currency pairs and 20:1 for minors, enforcing strict client fund segregation. Non-compliance with these rules could lead to broker license …
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 …
Forex trading is not explicitly legal under Afghan law, but no active enforcement prevents residents from accessing international brokers. Afghanistan’s central bank, Da Afghanistan Bank (DAB), banned forex trading in 2019 under Presidential Decree 4968, citing risks of money laundering and capital flight. The Taliban’s 2021 takeover voided many previous …
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 is legal in Kenya under the Capital Markets Act, regulated by the Capital Markets Authority (CMA). Established in 1989, the CMA oversees all forex brokers operating within the country, requiring them to obtain a license and maintain a minimum capital reserve of KES 50 million. Retail traders can …
Forex trading is legal in Mexico under strict regulatory oversight. The National Banking and Securities Commission (CNBV) and the Bank of Mexico govern financial markets, including foreign exchange. Brokers must obtain authorization from these institutions to operate legally. Verify a broker’s registration status on the CNBV’s official registry before opening an account. Mexico’s Financial Technology …
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) …