How is the Forex market regulated, and why is it important for traders?
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The forex market is regulated by government agencies and bodies that enforce rules to ensure fair practices, which is important for traders as it mitigates risks of fraud, promotes transparency, protects funds, and fosters confidence in a secure trading environment.
The Forex market is regulated by agencies like the CFTC in the U.S. and the FCA in the UK, which enforce rules to ensure fair practices and protect investors, making regulation crucial for maintaining market integrity and reducing fraud risk.