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.
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.
Source:
Hello , I want a help from you sir , I want to trade currencies in Nepal and not i am not finding Broker or any company in here . I have connection with company abroad but how can deposit fund for trading when Nepal's government doesn't allow for transferring cash to another countries . Also i don't have much idea on this but I'm very Serious on this . I want to do trading in Currencies . Please Help me out whom to contact or with whom to work ???
ReplyDeleteHi I can help u out.. Call me @+919884808154
DeleteIf you want to really trade in forex inbox me dhamiganesh007@gmail.com
ReplyDeletei am also interested in FX trading. Anupam ji details ko lagi ma mathiko email contact garna sakxu?
ReplyDeleteSure
DeleteMe to last time in Malaysia I use to trade with my Malaysia friend ac ,but here in nepal ? If we be together and trade one day we will succeed my email santoshtamang628@gmail.com
ReplyDeleteHi,
ReplyDeleteI am also interested in forex trading but I have no idea about forex trading is legal or not in Nepal.
If it is legal I would like work in group. Please contact me by male " birsinghbhandari1993@outlook.com "
Only Nepalis forex trader.
Hello I am keen to forex trading .Is it legal ?If it is legal I wanna to trade.
ReplyDeletehello who know about the the forex trading i can't able to proceed the payment account verification doing payment please someone help me?
ReplyDeletewhere you get the information
ReplyDelete