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All financial activities in a country are usually put into the hands of some special agencies or people. They are responsible, though, for different things – like bank operations, currency exchange rate and etc. Alongside these things, a financial regulator also handles the financial trading activity, if such is permitted
- December 8, 2020
Canadian forex brokers must abide by the rules and regulations laid out by the Investment Industry Regulatory Organization of Canada (IIROC) if they want to work with traders from Canada. This means that when you sign up with one of our recommended online forex brokers that operate in Canada, you’re
- December 8, 2020
Tips on choosing the best Forex brokers in Brazil Foreign exchange is a massive market that bills for extra than $4 trillion in trades each and every day. There is no central marketplace for foreign exchange trading so merchants are pressured to select a Forex broking to assist them in behavior business. There are a variety of Forex brokers in Brazil, and it’s essential to select the proper one. It can be very overwhelming sifting via all the data available, so why don’t we assist via looking at five elements you be taking into account when looking for
- December 8, 2020
The Central Bank of Brazil monitors all transactions and controls the glide of incoming and outgoing transactions if the Forex market in Brazil. It is the regulatory body that oversees the Forex industry. The Brazilian central bank saves all foreign trade contracts in the Sisbacen system. Residents of Brazil who have a Forex buying and selling account with Brazilian foreign money can take part in the thrilling world of Forex. If
- December 8, 2020
Yes it is legal but banking is illegal. Companies dealing in digital currencies have to register with the Financial Transactions and Reports Analysis Centre of Canada (Fintrac), enforce compliance programs, keep the required records, file suspicious or terrorist-related transactions, and determine if any of their customers are “politically exposed persons.”
- December 7, 2020
Yes, it is legal but with restrictions. The Reserve Bank Of Zimbabwe is sceptical about bitcoin and has now not officially permitted its use. On 5 April 2017 however, BitMari, a Pan-African Blockchain platform bought licensed, thru its banking partner, AgriBank, to function in the country.
- December 7, 2020
Yes it is legal but with some restrictions. In September 2017 the Bank of Namibia issued a role paper on digital currencies entitled wherein it declared cryptocurrency exchanges are not allowed and cryptocurrency cannot be accepted as fee for goods and services.
- December 2, 2020
Yes it is legal. In December 2014 the Reserve Bank of South Africa issued a position paper on virtual currencies whereby it declared that virtual currency had ‘no legal status or regulatory framework’. The South African Revenue Service labeled bitcoin as an intangible asset.
- December 2, 2020
Start Paraphrasing Yes it is legal. While government officials have advised in opposition to the use of Bitcoin, there is no law in opposition to it and it remains entirely legal.
- December 2, 2020
TREND TRADING STRATEGY Trend Trading is a simple forex strategy used by many traders of all experience levels. Trend trading attempts to yield positive returns by exploiting a markets directional momentum. Length of trade: Trend trading generally takes place over the medium to long-term time horizon as trends themselves fluctuate
- November 27, 2020
Trading order types Here are some of the basic trading order types in forex market: 1. Market Order This is the simplest order type. There are market orders to buy and market orders to sell. A market order gives you whatever price is available in the marketplace. 2. Buy Limit
- November 27, 2020
Advantages of trading the Forex Market 1) No commission There will be no clearing fees, no exchange fees, no government fees, no brokerage fees. Most retail brokers are getting paid for their services by bid/ask spread. 2) No middleman Spot currency trading eliminates the middlemen and enable the trade directly
- November 27, 2020
The Forex market comes with its own unique set of terms or jargon. So, it is very important to understand some of the basic forex trading terminology before learning how to trade in the forex market. Cross rate – It means the currency exchange rate between two currencies, which both
- November 25, 2020
Price action analysis is about studying, reading and interpreting the price movement of a market over time, which using the raw price charts to trade the market and no indicators will be used. By reading the price action of a market, trader can determine a market’s directional bias as well
- November 25, 2020