Enter up to 25 symbols separated by commas or spaces in the text box below. These symbols will be available during your session for use on applicable pages. Customers in 11 countries on five continents say they have seen their money evaporate with Secure. Twenty-five investors interviewed say Secure, which was incorporated in Panama in 2008, had instructed them to wire money to banks in Australia, Cyprus, Latvia and Poland.
Forex (or sometimes just FX)�is�short for foreign exchange, and�is the largest financial market in the world. Simply put, it's how individuals and businesses convert one currency to another. Please note that residents in $country_name are not eligible to apply for an account through /au.
The first advice we could give you is to check where the brokerage is headquartered. Regulations have increased greatly in the last 5 to 10 years, and it has, rightfully so, become increasingly expensive to do business in highly regulated countries like the United States or the United Kingdom.
The Forex market is different though, by actively engaging in online trading using broker platforms you can buy and sell currencies for huge profits. This is because you trade with a 'leverage' so that even a small amount of money can quickly become a huge amount if you make the right trade.
Under Australian regulation, before you can start trading forex you first need to complete a short suitability test. You can take the test after completing your registration or anytime later before you start trading. You ?will be charged the respective USD per USD million traded commission fee? that is calculated and transparent on each trade. The fee can be seen in the Trade Ticket Confirmation and also in the Open Positions monitor.