How to obtain a forex broker license Eternity law international?

Eternity Law International offers the following jurisdictions for obtaining a forex broker license: The complex of services for obtaining a license forex broker includes: We prepare the business plan of the company for passing the procedures for a forex broker license;

Why are forex broker licenses evaluated differently in forex rating?

That is why various forex licenses are evaluated differently in the forex broker rating.

Is there a standard quoting convention for foreign currency?

Quoting Conventions Are Not Uniform. While many currencies are typically quoted against the U.S. dollar (that is, one dollar purchases a specified amount of a foreign currency), there are no required uniform quoting conventions in the forex market.

Do you need a license to do forex trading?

A forex broker license is necessary, but not the only argument in choosing a particular broker and opening a cash account in his company. When choosing a broker, it is necessary to consider the whole complex of criteria for the rating of forex brokers, this is how professional traders act.

How is the forex market regulated around the world?

That size and scope creates unique challenges regarding market regulation. How do you regulate a market that is trading 24 hours a day, all over the world? There is no centralized body governing the currency trading market; instead, several governmental and independent bodies supervise forex trading around the world.

What is the FIFO rule for Forex trading?

The first-in-first-out (FIFO) rule prevents holding simultaneous positions in the same forex asset, that is, any existing trade position (buy/sell) in a particular currency pair will be squared off for the opposite position (sell/buy) in the same currency pair. This also implies no possibility of hedging while trading forex.