Bank of Namibia clarifies forex trading rules Edgar Brandt WINDHOEK – The Bank of Namibia on Friday afternoon clearly pronounced itself on the issue of foreign exchange (forex) trading, reminding Namibian residents 18 years of age and older that they are entitled to an investment allowance of N$6 million per year for investment purposes abroad Maria Amakali The Bank of Namibia (BoN) has once more clarified that online forex trading is not prohibited. It said the practice of collecting money from members of 6/24/ · Contrary to popular belief, the Bank of Namibia does not prohibit online forex trading. Though new rules and regulations have been introduced
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Explanation of Forex Trading Forex trading offers Namibians the opportunity to invest in the world's largest liquid market. It is easy to invest in Forex in Namibia if you have the ability to own your emotional and financial stress levels. You must have knowledge about currency pairs to begin Forex trading. A pair is a combination of two currencies for example the Euro and US Dollar.
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It is absolutely lawful and safe for any Namibia to trade Forex. Every Namibia Forex broker listed in our top 5 is regulated by an authority such as the Cyprus Securities and Exchange Commission CySEC and is respectful of the law. We will never send you to any Forex broker that is illegal in Namibia. Get the full details here: Is Forex trading legal in Namibia? Reviews for All Broker Forex Namibia ForexAgentReviews, is online forex trading legal in namibia.
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Note: If you are not in Namibia change to the right version of our site. List of all Namibia Forex Broker Reviews. Are You in the Right Place? We have detected that you are visiting from Kenya, however you are currently on the version intended for people in Namibia. Would you like to switch to the Kenya version of our website? Yes, take me to the Kenya version. No, I want to stay on the Is online forex trading legal in namibia version. I'm not in Kenya or Namibia!
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, time: 7:18Bank of Namibia: Online FX Trading Is Not Prohibited | Finance Magnates
Bank of Namibia assures traders that online Forex trading is legal The Bank of Namibia was recently forced to re-iterate its announcement made in October that online FX trading in the country is allowed and protected by bank Bank of Namibia clarifies forex trading rules Edgar Brandt WINDHOEK – The Bank of Namibia on Friday afternoon clearly pronounced itself on the issue of foreign exchange (forex) trading, reminding Namibian residents 18 years of age and older that they are entitled to an investment allowance of N$6 million per year for investment purposes abroad It is absolutely lawful and safe for any Namibia to trade Forex. Every Namibia Forex broker listed in our top 5 is regulated by an authority such as the Cyprus Securities and Exchange Commission (CySEC) and is respectful of the law. We will never send you to any Forex broker that is illegal in Namibia. Get the full details here: Is Forex trading legal in Namibia?
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