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Build MT4 MT5 you also need to apply for foreign exchange license

发布时间：2022-09-15 浏览：120

At present, the most popular foreign exchange market supervision licenses are Saint Vincent license, British FCA license, Swiss FINMA license, American NFA license, Japan financial agency SFC license, Australian ASIC license, Singapore license, New Zealand FMA license, etc. today, I will mainly introduce the American NFA license.

The initial purpose of the National Futures Association (NFA) is to establish ethics in futures and other markets and protect the interests of traders and investors. Everyone and company providing trading services to customers in the U.S. futures and foreign exchange markets must register with the U.S. Commodity Futures Trading Commission (CFTC) and become a member of NFA.

The Canadian regulator is fintrac If you do business in Canada and provide the following services to the public, you are a money service: foreign exchange transactions: for transactions, you can convert one currency (US dollars to Canadian dollars) into another currency.

Payment of funds: transfer funds from one person or organization to another person or organization using the electronic funds transfer network or anywhere else.

Redeem or sell money orders, traveler's checks or anything similar: this may also include redeeming or selling traveler's checks or anything similar.

The most commonly used licenses of blockchain trading platforms are American MSB and Estonian dual licenses. The most commonly used licenses of foreign exchange platforms are Canadian MSB and foreign exchange entry-level license Saint Vincent exemption license.

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