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Q: Is forex and fxcm trading legal or illegal in Pakistan?
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Is forex is a legal business?

Trading forex is legal and for most cases is not different from trading stocks (though you should check the law in your own country). There are some firms that present themself as forex brokers and are involved in illegal activity. Check if the broker is legit before opening an account!


Is Forex Trading illegal?

Forex trading is simply the act of exchanging one country's currency for that of another country. This is not illegal and is done all over the world at banking and other financial institutions. It is especially common amongst travellers who exchange their own currency for that of the country they intend to travel to.


Is trading forex in India legal?

It is not legal online. There is no regulation over the forex market in India except for a small segment of the equity market. You can invest in forex accounts through the NSE and the MCX. You need to have a trading account with them and the investments are in the form of derivatives. You are not buying or selling currencies. The returns are in the form of dividends and/or capital gains. These accounts can be opened with any bank. You can deposit money by cheque or cash or NEFT/RTGS. You can't trade in the forex market online.


Is trading forex in Malaysia legal?

It is legal as trading forex is how banks hedge risk for importers and exporters. To learn about the legalities about foreign exchange trading have a look at Compass Markets. If the OP is referring to retail forex trading (with a retail forex broker), the answer is tricky. It depends on how the law is interpreted. From what I understand, it is illegal to operate an actual retail brokerage within Malaysia, but you can trade within the country with a broker located outside Malaysia. This makes sense because if the legal environment was suitable, all of the major brokers would already have full licenses in malaysia, as they are one of the more stable SE Asian countries to setup serious business in.


What activities are illlegal in Pakistan but legal in other country?

using and selling alcohol is illegal in Pakistan


Is it legal to trade silver online?

As silver is traded against the US dollar, online silver trading is legal and can be done through sites such as Forex or bforex http://www.bforex.com/Online-Silver-Trading.


Is it to illegal buy copied movies?

It is legal. Judges have talked about this and they said that it was legal to make copies for your own.


Is Pakistan weed legal?

No less or more so than marijuana grown elsewhere. If the drug is illegal in the jurisdiction where you live it does not matter where it originates


What is the antonym for legal?

The antonym for "legal" is "illegal."


What are insider trading transactions?

Insider trading" is a term that most investors have heard and usually associate with illegal conduct. But the term actually includes both legal and illegal conduct. The legal version is when corporate insiders-officers, directors, and employees-buy and sell stock in their own companies. When corporate insiders trade in their own securities, they must report their trades to the SEC


Is marriage in Pakistan legal in Canada?

Yes..!! If the marriage is legally done and registered in Pakistan then it would considered legal in Canada. Every marriage in Pakistan is not legal in Canada. In Pakistan a man is allowed to keep 4 marriages at a time but such marriages will not recognized legal in Canada.


Is marijuana illegal or legal?

illegal if you get caught legal if you dont get caught