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Why KYC is Needed Now More Than Ever for Retail Trading

KYC, or Know Your Customer, is an important process for the retail forex industry because it protects against money laundering, terrorism financing, and other financial crimes. KYC is a process in which financial institutions verify their customers' identities and assess their risk profile before accepting them as clients.

Why KYC is Important to the Retail Trading Industry

One of the primary reasons for the importance of KYC in the retail forex industry is to prevent money laund... Read More

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Needed

Than

Ever

Retail

Trading

Forex

Posted: Feb 8 2023, 14:27

Author Name: financemagnates

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
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