subject: Etorousa Presents: Tackling The Challenges Of An International Marketplace [print this page] The foreign exchange trading market presents any trader with a slew of advantages: 24h trading, constant profit opportunities, its simple to learn and its sheer size means virtually endless liquidity. Most importantly of all, the forex market is international and enables anyone across the globe to speculate on currency exchange. With the advent of the internet, forex providers were granted for the first time the opportunity to reach out across borders and extend their services to any trader interested in trading currencies, no matter what country theyre trading from.
However, this colossal opportunity presents its own challenges, the biggest challenge of all being that of regulation. There is no international body that regulates forex trading, and so each country has a national regulatory organization looking over the brokers and forex providers within its borders. This system works perfectly fine as long as the traders stick their local brokers, but soon enough it turns out that bigger international brokers can offer better trading conditions, more advanced trading technologies and more thorough informational tools. And because these brokers operate online, people can trade from the comfort of their homes using online software. Nevertheless, the regulatory issue remains: how can traders trust a broker that is not regulated in their country according to standards that theyre accustomed to?
One of the biggest online forex trading providers, eToro, has found a solution. To tackle the problem of international regulation, eToro cooperates with multiple national and international brokers, who are registered in a large portion of countries all over the world. One such cooperation has created eToroUSA, a coming together of eToros leading trading platforms technology and communal facilities with the brokering capacities of local U.S. regulated broker FX Solutions. By creating this brokering partnership eToroUSA provides its U.S. based traders with the peace of mind that comes with knowing that your forex provider is both internationally popular among thousands of traders, and is at the same time regulated by local authorities according to local standards. Problem solved!
