The foreign exchange market - also known as forex or the FX market - is the world's most traded market, with turnover of $5.1 trillion per day. This is a significant amount, but it clients1.google.co.uk/url?sa=t&url=http%3A%2F%2Finfratraders.com%2F is only a fraction of the forex trades.
Forex can be traded by cse.google.co.uk/url?sa=t&url=https%3A%2F%2Finfratraders.com%2F individual traders, institutions, and banks around the world, 24 hours a days, 5 days per week. Forex trades over the counter in any market that is open, unlike other financial markets.
How FX Trading works
Forex trading involves buying and selling one currency at a time. Forex traders make money by trading clients1.google.es/url?sa=t&url=http%3A%2F%2Finfratraders.com%2F currencies and speculate on the future direction of currencies.
How is forex regulated?
Forex is the world's largest and most liquid market. That size and scope creates unique challenges clients1.google.es/url?q=http%3A%2F%2Finfratraders.com%2F regarding market regulation. How can you regulate a market that trades 24 hours a days, all over the globe?
There is no central body that governs currency trading markets. Instead, many governmental and independent bodies oversee forex trading all over the globe. Some of these include, but are not limited to:
COUNTRY SUPERVISORY BODIES
United States The National Futures Association Commodities Futures Trading Commission CFTC
United Kingdom Financial Conduct Authority (FCA).
Australia cse.google.es/url?sa=i&url=http%3A%2F%2Finfratraders.com%2F The Australian Securities and Investments Commission, (ASIC).
Japan The Financial Services Agency (FSA)
Canada The Investment Industry Regulatory Organization of Canada
Cayman Islands Cayman Islands Monetary Authority
Hong Kong The Securities and Futures Commission, (SFC).
Singapore The Monetary Authority of Singapore (MAS)
The global supervisory bodies regulate forex by setting standards which all brokers under their jurisdiction must comply with. These standards include being registered with the regulatory body and licensed, passing regular audits, communicating changes to their clients, among other things. This helps ensure that currency trading is ethical and fair for all involved.
Infratraders is proud of being financially transparent and secure, and it adheres to the standards set by its regulators. We are regulated in seven countries worldwide and support over 200,000 traders from over 180 countries. StoneX Group Inc. is our parent company and is publicly traded. It meets the highest standards in corporate governance, financial reporting, disclosure, and corporate governance.
Welkom bij
Beter HBO
© 2024 Gemaakt door Beter HBO.
Verzorgd door
Je moet lid zijn van Beter HBO om reacties te kunnen toevoegen!
Wordt lid van Beter HBO