FX

The Bahamas – What makes it attractive as an offshore financial jurisdiction

The Commonwealth of the Bahamas is located in the West Indies, southeast of the US state of Florida, and is made up of more than 700 islands. The young country, having gained independence from the United Kingdom in 1973, is one of the richest countries in the Americas, just behind Americas and Canada, and gained …

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EU vs Offshore Forex Licence

The foreign exchange (forex) market is decentralized and without a central trading floor. However, that does not mean that it is not regulated. Congruent to other financial markets regulation like banking, insurance, and equities, countries are continually revising and tightening forex rules to close any loopholes. In the sections below, this article will seek to …

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Fallacies of Forex Trading and Risk Management Strategies

Forex also known as FX is the world’s most- traded financial market, with transactions worth up to trillions daily. The exchange of different currencies on a decentralised global market plays a vital role not only in foreign trade and businesses but also in the realm of wealth management. High liquidity with the ability to trade …

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