What Is Forex Regulation? Why Is Regulation Important?
Forex has been serving the world for nearly 50 years. This service network is spread over a large area with internet. The official foundation year of the Forex world, which previously served as a restricted area, is known as the year 1970. Regulation is a concept that emerged later. Many countries have allowed Forex trading over time. Depending on the banking laws of the countries, the Forex world serves. Prior to the regulatory process, the countries were using Forex without legal rights. But this situation has caused many investors to suffer great losses. These losses stem from the fact that the companies that serve as brokerage houses do not serve honestly.
In other words, fraudsters took place in the forex world under the name of intermediary company. But there was a solution to this problem very soon. A network of companies in the world that exceeds hundreds of now serves in the world of Forex. Forex regulation services are based on the principle that banks and intermediary institutions move together. That is, all the transactions made in the world of forex are made by approval of the banks. Even though the investors do not notice it, they are completely realized with state security and control.
With Forex Regulation service, investors have gained the privilege of investing in very profitable markets on the world wide. From this point of view, the ideal environment for high profits in the forex world has formed. Forex wants to get more investors. For this reason, demo accounts and continuous investor self-training opportunities are offered. With the demo accounts, there is a chance to do virtual transactions on real markets. The first thing to do to win more in the world of Forex must be to learn the rules of this world. Acting after the rules will be enough for high profits.