Is Forex Trading Legal in Nepal?

If you’re interested in trading Forex in Nepal, you probably want to know whether or not it is illegal. After all, with your capital at risk, the last thing you want is trouble with the law. Lucky for you, we made some research on the legalization of forex trading in nepal, and found that it is 100% legal and safe for you to trade Forex in Nepal.

Is Forex Trading Legal in Nepal?
If you’re interested in trading Forex in Nepal, you probably want to know whether or not it is illegal. After all, with your capital at risk, the last thing you want is trouble with the law. Lucky for you, we made some research on the legalization of forex trading in nepal, and found that it is 100% legal and safe for you to trade Forex in Nepal.

The foreign exchange market is global decentralized market for the trading for currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices.
Because of the soverignty issue when involving two currencies, forex has little supervisory entity regulating its actions.

Forex Trading in Nepal is supervised by the securities Board of Nepal (SEBON). This board is responsible for regulating the “Securities Act”.

The “Securities Act” is the important piece of legalization for those who want to know the legality of trading Forex in Nepaal. SEBON has been regulating the market under the Act 2. According to SEBON, any securities business, or trading platform, has to obtain a license to carry on securities business from the Board pursuant to this Act3.

Unfortunately, none of the best online Forex trading platforms are licensed by SEBON. This is probably because of the high costs and unrealistic requirements they have set for online operators. If you want to trade with low fees and minimal restrictions, you will need to find a trading paltform that is regulated somewhere else.

Now that you have a better understanding of the legality of trading Forex in Nepal.

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LM Finance - Business Finance, Stock Market, Quotes, News: Is Forex Trading Legal in Nepal?
Is Forex Trading Legal in Nepal?
If you’re interested in trading Forex in Nepal, you probably want to know whether or not it is illegal. After all, with your capital at risk, the last thing you want is trouble with the law. Lucky for you, we made some research on the legalization of forex trading in nepal, and found that it is 100% legal and safe for you to trade Forex in Nepal.
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