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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.
How does a person qualify for forex exchange rate?
Forex Exchange rate is the rate of exchange for currencies that are Foreign to us or from different countries. You may want to check out a Bank Website. www.td.com www.royalbank.com
Who determines forex rate?
Forex rates are determined by a variety of factors. See related links for more information about this.
Exchange rate of Malaysia for the past five years?
malaysia
Where did forex prices come from?
Forex prices are influenced by many factors but the people who actually set the prices are the banks. All Forex prices are based on the current exchange rate set by the bank.
What does forex arbitrage mean?
Forex arbitrage is forex trading strategy where an individual locates a currency exchange rate that is incorrectly priced, and then utilizing this with another currency pricing to create a profitable trade.
What is exact mean by forex?
Forex (or FX) is short for Foreign Exchange. It represents a transaction where a currency is exchanged for another at a mutually agreed rate.
How do you write forex exchange rate equation?
$1 = PKR 85
How do you manage forex rate risk?
Understand the speculation and get knowledge from experience.
What is the unemployment rate of Malaysia?
As of September 2021, the unemployment rate in Malaysia was 4.5%. It is important to note that this rate can fluctuate due to various economic factors.
Malaysia's growth rate?
As at end of 2008, Malaysia's growth was 6.1% over the previous 5 years.
What do Forex Converters do?
Forex Converters are used to determine the best current rate-of-exchange between certain currencies and to convert exchange rates between particular currencies.
