Back
28 March

Is forex trading legal in Indonesia

Forex trading is legal in Indonesia only when conducted through brokers licensed by Bappebti. The Commodity Futures Trading Regulatory Agency (Bappebti) oversees all derivative transactions, including forex, under Law No. 10 of 2011. Unauthorized platforms or unregistered brokers violate Indonesian law, exposing traders to fines, account closures, or legal action. Bappebti …

28 March

Is forex trading legal in United States

Forex trading is legal in the U.S. under strict regulatory oversight. The Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) govern all retail forex activities. Brokers must hold CFTC registration, maintain $20 million in adjusted net capital, and adhere to NFA compliance rules, including transparency in pricing and client …

28 March

Is forex trading legal in China

Forex trading by individuals remains heavily restricted under Chinese law. The People’s Bank of China (PBOC) and State Administration of Foreign Exchange (SAFE) strictly regulate all currency transactions, permitting only state-approved banks and financial institutions to engage in forex activities. Retail investors are prohibited from trading foreign exchange through offshore or unauthorized platforms, with …

28 March

Is forex trading legal in India

Forex trading in India is legal but strictly regulated. The Reserve Bank of India (RBI) and Securities and Exchange Board of India (SEBI) permit currency trading only through authorized dealers and platforms. Individuals cannot trade forex pairs involving the Indian rupee (INR) on international markets, per the Foreign Exchange Management Act …

28 March

How to beat forex

Master price action analysis with a focus on three key indicators: Bollinger Bands, Fibonacci retracement levels, and volume profiles. Identify breakouts where price closes outside Bollinger Bands on daily timeframes, then validate reversions using Fibonacci retracement zones between 38.2% and 61.8%. Pair this with volume profile data to confirm liquidity clusters–regions …

27 March

Is forex trading allowed in Iraq

Forex trading is prohibited for individual investors in Iraq. The Central Bank of Iraq (CBI) regulates all financial activities, and under Resolution 112 of 2016, only licensed banks and financial institutions may engage in currency exchange or trading. Retail forex trading via online platforms is not explicitly addressed in Iraqi law …

27 March

Is forex trading allowed in South Korea

Forex trading is legal in South Korea but operates under strict regulatory oversight. The Financial Services Commission (FSC) mandates that only licensed domestic brokers can offer leveraged currency trading to residents. Offshore brokers are prohibited from targeting South Korean clients, and accessing international platforms via VPNs violates local laws. Retail …

27 March

Where to trade pi network

Trade Pi tokens directly on XT.COM, one of the few exchanges listing PI as an IOU (I Owe You) asset. As of July 2024, XT supports PI/USDT trading pairs with a 24-hour volume exceeding $500,000, providing liquidity for short-term trades. Verify wallet addresses carefully–PI transfers remain irreversible once confirmed. For peer-to-peer …

26 March

Is forex trading allowed in Sudan

Forex trading remains illegal in Sudan under the country’s current regulatory framework. The Central Bank of Sudan prohibits all forms of currency speculation and unlicensed foreign exchange transactions, citing adherence to Islamic finance principles and efforts to stabilize the national economy. Violations can result in fines, asset seizures, or criminal charges under …

26 March

How to trade derivatives

Choose a broker with direct access to derivatives markets, such as Interactive Brokers or Saxo Bank, which offer futures, options, and swaps. Verify regulatory compliance, margin requirements, and platform tools like real-time Greeks for options. Brokers charging less than $2.50 per futures contract often provide competitive pricing for high-frequency strategies. …