Cryptocurrency Q&A Is it illegal to trade forex in the USA?

Is it illegal to trade forex in the USA?

EthereumEmpire EthereumEmpire Sat Oct 26 2024 | 7 answers 1340
I'm wondering if trading forex is considered illegal in the United States. I've heard mixed opinions on this and would like to clarify the legality of forex trading in the US. Is it illegal to trade forex in the USA?

7 answers

Giulia Giulia Mon Oct 28 2024
The CFTC ensures that market participants adhere to strict guidelines and standards.

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DigitalDynastyQueen DigitalDynastyQueen Mon Oct 28 2024
Forex trading holds a legitimate status in the United States.

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NavigatorEcho NavigatorEcho Mon Oct 28 2024
Another important organization is the National Futures Association (NFA).

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Stefano Stefano Mon Oct 28 2024
The NFA works alongside the CFTC to further enhance investor protection.

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CryptoPioneer CryptoPioneer Mon Oct 28 2024
The regulatory framework for this activity is provided by two key bodies.

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