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Questions tagged [illegal trading]

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Caterina Caterina Sat Oct 12 2024 | 6 answers 1891

Is it illegal for US residents to trade with offshore forex brokers?

I am a US resident interested in forex trading. I have heard about offshore forex brokers and am wondering if it is legal for me to trade with them. Could there be any legal issues if I choose to trade with offshore forex brokers?

Is it illegal for US residents to trade with offshore forex brokers?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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