Is forex business legal all over the world?

[ali200]

I would like to know

is forex business legal all over the world?

http://www.mig-agent.com/

[uncle gober]

Not all states legalize forex, some states prohibit even though just a seminar about forex. In my country, it's just forex broker that we use must have permission from the relevant departments, if not licensed then our business is illegal activities.

[Gaban]

Of course, my country, too. Nobody thinks that forex gambling and there are not. In my country there is forex legal and some are illegal. Brokers usually have legal permission from the relevant departments.

[mak123]

Yes its about legal permission thats its always advice that before choosing your broker must check whether he has a legal permission or not..never choose broker who don't have permission.

[Gaban]

For me it is not important whether the broker is legal or not. the most important thing for me is the withdrawal process smooth and instant. So that we too would feel comfortable trading. Why brokers are legal but not smooth withdrawal. The loss is our own. Like I already feel comfortable trading in instaforex, regardless of the legality of a broker.

[mak123]

If we choose unregulated broker then we can have in great risk in future. Permission License is must to avoid any kind of risk, if we choose unregulated broker than we can't claim them in future of any thing wrong. afterall its our responsibility to choose with all care.

[Gaban]

I agree with you. if the broker is regulated by clear, then if something happens with our trading, we can file a claim. By doing so, then we will be more comfortable trading. instaforex are broker regulated is clearly .

[Jas-85]

There are some regions around the world that have obstructive policies on forex trading. Nonetheless, the most important thing as pointed here is to go for a trusted and authentic broker who meets all the legal requirements.

[Gaban]

not legal in all countries forex. because there are certain countries that do not allow the forex. and if we want to trade we need to choose a broker that is legal. because the legal broker we can try to trade well.

[orni308]

There are plenty of countries where forex is not allowed at all, some countries do allow it partially by allowing to trade under strict regulations.

[1primerebate]

There are plenty of countries where forex is not allowed at all, some countries do allow it partially by allowing to trade under strict regulations.

Yeah, not all country allowing foreign broker operated. But all trader in the world can trade in any broker with manipulating proxy.

For all trader must be aware, our account must get rebate in order to minimize loses. Only PrimeRebate that giving rebate more huge and incrased until 95%.

[Gaban]

not all states forex it is legal . it depends on the policies of the respective governments. and in my country including legal forex. even though it is legal forex but not all broker it is legal

[fxapex]

No forex is not legal all over the world, there are various countries which don't allow forex trading at all.

[Gaban]

not all states can legalize forex, furthermore if Islamic countries. and in my country forex is legal so that I could trading comfortably

[Cochran]

Yes Forex is a legal business is almost 99% countries but still there are certain countries like India, Japan and few others who have restricted people from trading while in India they allow only if it is traded with their currency. While in Japan they have put on restriction recently while bank are allowed to trade.

I trade regularly as it is completely legit in my country plus with a broker like OctaFX which is also regulated and highly reputed with several awards like Best Broker Central Asia Best Broker Central & Eastern Europe, Best ECN brokerage and plenty of others which just shows how consistent they have been in their work and also have always put their customer as their first priority.

[Umama Rana]

Actually, it is considered as a legal business for all kinds of religion people. But, practically, as a Muslim you must fall a great victim because, maximum trading brokers are not willing to provide facilities for Muslims. But, I am very lucky to select MxTrade as my trading platform where I am getting all trading conveniences as like a general trader. Here, I opened my live account devoid of any limitations. By the way, at any times I am able to withdraw my own money. In addition, this trading platform has no extra commissions , as a result , I get all profit that I could. So, my trading life is very flexible in this trading stage.

[msmary]

it isn't legal over the world. in my country it is illegal. but i can join in this market with computer and internet. i think we can join with it anywhere. this is bigest market financial. you can see trade has everywhere. i join in some broker as liteforex, mayzus, fxpro, marketiva...

i choose the best broker for me.. you can do that

[Robert Kristofer]

As I know Forex trading is banned in some countries like India, Indonesia, China, Iran, Zimbabwe, Belarus, South Korea etc. It doesn't mean that fx trading is illeglal there, but traders have lots of problems in that countries because of some laws.

[Tanzil Al Banna]

There have only few countries who are not allowing this business, but almost around the world it’s legal and most popular business. Basically, the facilities and features of Forex business are too different and attractive. So, I have already decided to go with Forex for lifetime. Besides, I got double trading equity on my 1^st deposit from TradingBanks broker. So, Forex business is the most suitable profession for me.

[ForexMartTrader]

Forex trading is a legitimate business worldwide, and it is legal in most places in the world. However, there may be some localities where certain law may likely suppress the forex industry. In such situation, the trader can always relocate to another place or country.