regulated forex brokers in us
regulated forex brokers in us
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If you are not interested in the above-listed features, you may consider contacting your local bank or joining a currency futures exchange (e.g., the IntercontinentalExchange). However, their requirements to customers are usually much stricter than those of online Forex brokers. In addition, their trading conditions may not be as favorable as those of the top brokers listed in the table above. Most international Forex brokers in India operate through branch offices, Introducing Brokers, or through affiliates without actually being regulated by the SEBI or any other organization. These brokers offer their services illegally without any consent from the authorities, which prevent the Government from tracking their activities. A majority of traders typically lose their money in the markets due to a lack of knowledge and due to scam and fraudulent activities from the brokers’ part. Therefore, Forex scams and other financial malpractices are highly rampant in the country, which has forced the Government to intervene and severely limit the freedom enjoyed by Forex brokers. found it for you.
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The Reserve Bank of India has issued warnings against brokers who do not hold licenses from the SEBI. This fee is subject to change at the sole discretion of HSBC. Our clients also enjoy trading from a single multi asset platform with some of the most competitive spreads and with our no rejection of orders and no re-quotes execution policy. Hi, I am an NRI (Indian citizen) and resident of USA.
| About author: | ||
| First Name, Last Name: | Daniel Houck | |
| Postal address: | 2789 Walnut Drive, Kramer, 58748, United States | |
| Tropical zodiac: | Taurus | |
| Company: | Carter's Foods | |
| Occupation: | Product development manager | |