One of the common myths among nonprofessional traders of the Forex market is that Forex is banned in the United States of America. This is not true. In the US, Forex is not prohibited! … But American laws do not prohibit citizens of this country to trade on the Forex market. In order to provide Forex trading services, the broker must obtain the appropriate license and must have a security deposit in the amount of about $20 million.

Therefore, many brokerage companies from other countries, complying the requirements of US law, give warnings on their websites that their services are not intended for US citizens. It is because only a small group of regulated companies serves North American customers. But American laws do not prohibit citizens of this country to trade on the Forex market.A lot of people also believe that Forex is banned in countries where Islam is practiced. However, this is not quite true.

Sharia Islamic Law, namely the law of Islam, prohibits giving or receiving interests in any form. The reason for this prohibition lies in the conviction that the adherents of Islam should give only to give, and not to get something back. Therefore, according to these beliefs, not the Forex trading itself is prohibited, but a swap.

A swap is a daily charge or withdrawal from the deposit of a trader of money for the transfer of a position on open trades over the night.

But in such a case, swap-free accounts or Islamic accounts with no swap were created. All commissions in the form of interest are absent in Islamic accounts. Thus, Sharia law is not violated, and Forex becomes accessible to all.

So, the Forex trading is not banned in the world. Moreover, every day more and more traders come here who successfully trade and earn money. If you’re looking for a good broker, take a look at JustForex – international broker offering good trading conditions and reliable process of depositing and withdrawal of funds.

JustForex is a broker which helps people to earn on the financial markets providing them with the beneficial conditions. Being an international broker and working with clients from different countries we understand that every person is unique with his own values, no matter whether he is a trader or a partner. When our team develops the services of the company, we take into account the variety of cultures, nations, trading experience and demands of our clients. JustForex offers several trading account types with a wide choice of trading instruments and everyone can find the most suitable one according to his preferences.

ForexTB MT5 and MT4 require downloading a separate app. These trading platfomrs are considered to be a bit more fuctional. More tools, more indicators (including custom ones), copy trading, etc. Both of them have desktop and mobile versions.
In my opinion, in case you don't plan any social trading, don't programm your algos and trade like most retail traders do - doing some technical analysis, drawing a few lines on a graph and placing not that many orders every day - you will be totally fine with webtrader. There is one cons of webtrader though. It's less safe to use it. Browsers are more vulnerable to hackers atacks and things like those.
Others I believe just find it convenien to do everything in a browser mode. So they just use webtrader. You don't have to install anything in this case. Just open an browser as you normally do - and here you are. BTW ForexTB doesn't even request a login to view the charts and demo-trade with their webtrader. Very nice of them!



MT4 mac