The FATF, or the Financial Action Task Force, is a global watchdog that implements new policies and recommendations for countries around the world to cope with AML risks better. Similar to the mentioned factors, such as the increased number of FX providers or the whole market’s increasing accessibility level, there are other risks associated with
Many Australian forex brokers, which are regulated by the Australian Securities and Investments Commission (ASIC), offer swap-free Islamic forex trading accounts. Some of the leading Aussie brokers offering swap-free accounts are: When you trade Forex, there are various costs involved. Such as the spread and broker commission where applicable and w
These supervisory bodies regulate the foreign exchange market by setting standards that all brokers must follow under their jurisdiction. These standards involve being registered and licensed with the regulatory body, setting leverage limits, having minimum capital requirements, undergoing regular audits, communicating changes of services at all po