US Regulations for Forex Brokers

Legal No specific legislation on bitcoins or cryptocurrency exists in Macedonia. But that's your choice to do so or not. Whatever the result, I imagine it would cost the US government hundred of millions of dollars if not several billion dollars to redesign the currency and retool the printing facilities. Besides, even if you did try it is entirely the fault of the broker for letting you do that, the CFTC can't go after clients but only after the broker. On 4 November , Bank Negara Malaysia BNM met with local bitcoin proponents to learn more about the currency but did not comment at the time. Legal As of March , an official statement of the Romanian National Bank mentioned that "using digital currencies as payment has certain risks for the financial system".

Yes, Forex is legal in the United States. Unlike the securities and futures markets, the foreign exchange market is not controlled by any central governing body, there are .

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Oct 21,  · Best Answer: Yes, Forex IS legal in the United States. FXCM is a reputable broker but many have their complaints - explore your options before choosing FXCM or any other Forex broker. FXCM is a reputable broker but many have their complaints - explore your options before choosing FXCM or any other Forex hdmobilsikis.ga: Resolved. Find here List of Top 3 Forex Brokers that Allows Hedging to US traders - Best Offshore Forex Brokers for US Citizens in | DOJI FOREX Apart from Hedging, Scalping, EA trading any other Forex trading strategies also Allowed. But saying that US currency is illegal because it doesn’t specially cater to blind folks specific needs is absurd. It’s like me deciding that trumpets should be illegal. After all, deaf people can’t tell the difference between D, E, and F.




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The National Futures Association has banned hedging in all forex accounts in the United States. The reason for the ban is unclear at this point. The reason for the ban is unclear at this point. Hedging is when you are allowed to enter offsetting positions at the same time. The US rule change only effects US forex brokers, not big companies, they're the ones who make these new rules to lock out competition. Haven't you heard, the US government is . Foreign currency exchanges (forex) run non-stop across the globe through over-the-counter markets. The global nature of this boundary-less market allows seamless access, e.g., an Australian trader can trade in euros and Japanese yen through a US-based broker despite geographical boundaries.




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