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List Of The Countries Where Forex Trading Is Banned by BizLifeE: 3:18pm On Jun 07, 2017 |
Which countries ban Forex trading? Here is a list of countries that ban or limit Forex: Belarus Bosnia & Herzegovina British Columbia (Canada) Bulgaria China (Strict regulations if not total ban) Cuba India Indonesia Ivory Coast Iran Liberia Lithuania Macedonia Malaysia Montenegro Myanmar Nigeria North Korea Pakistan Quebec (Canada) Romania South Korea Sri Lanka (Recently relaxed but not confirmed) St. Helena Sudan Syria Ukraine Zimbabwe This according to this site: http://www.dollarshower.com/forex-trading-banned-countries/ The site gives some notions of what the ban may mean: Further clarification on ban categories The ban or inability to do Forex trading could be due to the following financial regulations: Some regulators ban any kind of overseas transactions via anti-money laundering laws Controlled and regulated forex transactions via stipulated guidelines – this is the case where Forex trading is still allowed under certain conditions Ban on using credit cards to fund or withdraw deposits in foreign currency Ban on using a domestic banking account to fund overseas transactions Inability to withdraw proceeds from online forex trading entities to your account Various anti-terrorism laws that curb forex transactions I don’t know if in some of these countries Forex is restricted or not - you can do further research about a particular country when needed. Perfect Money/Payeer/Epay/Neteller: www..com.ng |
Re: List Of The Countries Where Forex Trading Is Banned by ituglobal(m): 10:36pm On Jun 07, 2017 |
Yes, this is true. There are some restrictions from some banks here, especially from GTBank. |
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