HY Markets: Licensed Broker As Guarantee Against Offshore Risks
As reported by Market Leader (US)
These days Forex trading is attended by both market and non-market risks. Most of them come from those shady transactions made by some offshore brokers and dealing centers. Why do most offshore brokers like playing dirty tricks on their clients? Let’s find it out. HY Markets, a licensed and respected Forex broker, will help us to do that…Offshore – Deadly Trap For Traders?
In order to have a comprehensive idea about the shady business of the so-called offshore brokers and dealing centers, Let’s first recollect what an offshore company is. An offshore company is a company registered in an offshore zone within an independent country or region, where it can enjoy tax privileges. Some offshore zones exempt foreign companies from taxes. . Read more...