Lots of people are attracted to Forex trading. However, it is important for you to know that there are many things you need to know before you dive into the deep ocean of foreign exchange markets. The first thing you should check is the regulations of the country you are currently living on.
This is actually really important because there are countries worldwide that might send you to jail in case you get caught trading forex. In this topic we would like to pay attention to one interesting country in terms of Forex trading — Ireland.
Keep reading below in case you want to find out interesting information regarding the regulations of this nation. The financial services regulator in the country is The Central Bank of Ireland. It fulfills not only regulatory options but central banking as well. The bank controls the activities of financial institutions. The main purpose of those measures is to maintain safe and fair financial environment for consumers.
The bank also monitors and implements the protection of their customers. This is easily achieved via bank regulations and established prudential and business requirements. There are several statutory codes of conduct which were created by the bank. There are lots of different brokers that can be used in Ireland and below we will post a list of some of the most preferred ones. This is one of the many reasons because of which foreign investors are redirecting their attention towards Ireland.
Here is the promised list — you can try any of those brokers — all of them are reliable and tested many times. Michael is an active trader and market analyst. He has participated in surveys regarding trend-following trading systems. Founded in , Binary Tribune aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets — stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators.
Michael Fisher Michael is an active trader and market analyst. BinaryTribune is a financial media specialized in providing daily news and education covering Forex, equities and commodities.
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