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Forex Regulations in foreign countries?
Where does one find the forex regulations of foreign countries? Since the United States doesnt have much it seems like most brokers are scams. Anyone know of a country that has strict regulations put on forex brokers?
You can simply Google it.
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LikeDislikeUSA has the most restricted law to regulate forex trading. unfortunately, it is responsibility of every one by his own to protect himself to be scammed. choose a good broker or website is the most important very start thing. Before you do trade on the Forex markets you will need to have a good broker. A good broker will be your lifeline in the world of Forex market and will often be your only point of contact in your Forex trading. It should be pointed out that the broker will not actually decide what to buy and sell. The broker simply buys and sells currency according to your decisions. There are literally thousands of Forex brokers both on line and in the real world. Some are good brokers and some are not so good.
First you need to know how the industry operates, know which strategies are the best to use, practice on some demo accounts, find a good broker, then invest. If you are a newbie. I recommend to begin reading some tutorials for highly informational guides, videos, articles and e-books for free. best of luck.
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