Eugene Lee, CFA

The Seychelles has emerged as a popular hub for setting up a brokerage business due to the country’s lenient regulatory framework, business-friendly tax environment, and lower minimum capital requirements. Nearly 200 brokers have obtained licenses from the Financial Services Authority of Seychelles (FSA), which can make broker selection difficult for beginner traders. This article covers […]

The Vanuatu Financial Services Commission (VFSC) is a widely recognized offshore jurisdiction for forex brokers due to its lower operating capital requirements, affordable administrative fees, and ability to offer high leverage to retail customers. This page covers six regulated forex brokers authorized by the VFSC. Below is more information about VFSC-licensed brokers, the local financial […]

The Australian Securities and Investments Commission (ASIC) is the regulatory body overseeing brokers serving Australian traders. It is one of the most well-established regulators in the industry, and authorization by ASIC indicates compliance with stringent regulatory standards. The following brokers operate under a license issued by ASIC. They offer different combinations of tradable instruments, supported […]

PayID is an online payment system that allows Australian traders to deposit funds directly from their bank accounts using an email address or mobile number as a unique payment identifier. If you are familiar with this method and want to use it to fund your live trading account, below is a shortlist of 6 Aussie-friendly […]

In forex trading, certain currency pairs attract significant trading volume because of their high liquidity. One such pair is USD/JPY, which indicates the amount of Japanese yen (the quoted currency) needed to purchase one US dollar (the base currency). As one of the most traded forex pairs, USD/JPY is widely available from regulated brokers, often […]

Finding a reliable and regulated broker is essential when trading forex and other financial instruments in the UK. The following brokerages cater to UK traders. All brokers listed below are authorized by the Financial Conduct Authority (FCA) and adhere to the regulatory standards set by the watchdog. These brokers prioritize security, fairness, and transparency for […]

The following brokers are licensed by the Cyprus Securities and Exchange Commission (CySEC). The picks reviewed below uphold strong security and transparency standards and operate in compliance with the requirements of the Cyprus regulator. Traders may also benefit from competitive spreads, low commissions, and favorable trading conditions overall. These brokers offer a wide range of […]

Leverage in forex trading allows traders to control larger positions with less capital, amplifying both gains and risks. A leverage ratio of 1:200 means that for every $1 you invest, you can control $200 in the market, making it one of the higher ratios offered by online brokerages. In the EU and UK, only professional […]

Leverage allows traders to control larger currency positions using borrowed capital from their brokers. When used properly, it can amplify potential profits from favorable market movements. However, it can also increase losses when trades move against the trader, making risk management essential. The risk of heavy losses has led regulators in the UK and Europe […]

Leverage is a crucial element in forex trading, influencing the risk associated with your trades and your potential returns. Because high leverage creates a much greater risk of large losses, many financial regulators around the world have introduced leverage limits. Under trading regulations imposed by the Commodity Futures Trading Commission (CFTC), brokers authorized to operate […]