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Opening a forex account as a Vietnamese trader will differ based on the offshore broker you decide to work with. Some forex brokers will only require basic personal information, such as your name, address, email, phone number, date of birth, and nationality. Other brokers might require extra information, such as the name and tackle of your employer, what
- December 8, 2020
The short answer is yes, but it is a little bit complicated. Although it is illegal to set up a forex brokerage in Vietnam and to trade with a forex broker based in Vietnam, there are currently no laws or regulations around clients using offshore brokers. This means you can
- December 8, 2020
Searching for the best forex brokers in Brazil is slightly more difficult than in other countries of the world. This is because, unfortunately, the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários, or CMV for short) imposes complicated rules on forex trading. This doesn’t mean, however, that Brazilian forex
- December 8, 2020
Nearly every country in the world will have a set of rules and regulations in place that govern trading on the financial markets, along with those that provide related services. For investors, this is very important as it provides a level of protection. It also serves to prevent fraudulent activities.
- December 8, 2020
Yes, it is legal. The Financial Services Commission of Mauritius considers cryptocurrencies to be regulated as a Digital Asset under the Financial Services Act 2007, and whilst it cautions traders they are now not protected by any statutory compensation agreements, they are legal.
- November 24, 2020
Yes it is legal however, banks consider it as illegal. As of 17 January 2017, The Central Bank of Nigeria (CBN) has handed a circular to inform all Nigerian banks that bank transactions in bitcoin and other digital currencies have been banned in Nigeria. Later on, a committee was set
- November 24, 2020
No, it is is considered illegal. On 20 November 2017 the exchange workplace issued a public statement in which it declared, “The Office des Changes desires to inform the general public that the transactions via digital currencies constitute an infringement of the exchange regulations, liable to penalties and fines furnished
- November 24, 2020
Following the reforms in 1978, China started to move away from a centrally planned economy, and towards a more market-based economy, although it is still not considered to be a totally free market. This is one of many reasons why foreign investors are not too keen on starting a business
- November 24, 2020
Forex trading has become incredibly popular in Nigeria. Each day, retail forex traders in the country trade between ₦300-450 million. If you’re still unsure whether to join their ranks, discover what makes trading in Nigeria so special: Being in control of your own finances is more appealing than ever, given
- November 24, 2020
The top factor a dealer should recognize the economic trading activity in positive united states is who is accountable for the neighborhood Forex regulation. The cases are commonly two – Forex market is both dealt with with the aid of the regular company that is completely accountable for all the monetary services in united states (for instance, for the bank, insurance, and other similar services) or it is treated via a licensed impartial Forex company that is in charge for Forex exercise only. Here, in Spain, we take a look at the first case – a standard organization that observes the total financial world of
- November 24, 2020
If you’re looking for the best forex brokers in Spain, it can be quite difficult to know where to start. There’s plenty of choice for all different types of forex traders, so finding a broker to suit your needs perfectly takes a little research. Our list of the best forex
- November 24, 2020
Is forex trading legal in Vietnam? The ban on foreign exchange trading in Vietnam was once introduced to manage the change charge of the Vietnamese dong. The Vietnamese dong has historically been plagued by inflation and so, as foreign exchange buying and selling influences the price of a currency, the State Bank of Vietnam decided to prohibit the practice. Fortunately, the SBV did not restrict buying and selling with reputable offshore forex brokers. With these brokers, you nonetheless cannot change the Vietnamese dong, but you will
- November 24, 2020
When Forex trading first began in Russia there were only a handful of merchants taking part. But ever given that 1990, Russian hobby in the Forex market has expanded considerably. Nowadays there are hundreds of merchants and quite a variety of Forex brokers. A wide variety of the most profitable Forex brokers in Russia have grown to encompass the world Forex market, however there is nevertheless room for extra improvement in the home Russian market. The Russian financial system has been creating in latest years, collectively with its participation in the world economy. The Russian government decided to introduce the convertibility of the
- November 24, 2020
Finding the best forex brokers in Vietnam is slightly more challenging than in other Asian countries. This is because, unfortunately, the State Bank of Vietnam (SBV) banned floor foreign exchange trading in 2014. Luckily, however, there’s still a wealth of great forex opportunities available to you. Although the SBV’s decision
- November 24, 2020