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Offshore Forex Trading is beneficial in many ways but also comes with risks not seen in domestic trading. Since lawswillvaryfrom region to region, there is less security in deposit funding and a greater risk that the company could go bankrupt and fail to repay your trading funds.
While some traders open Offshore Forex Accounts because of tax advantages that can be seen in certain regions, there are other reasons as well. Since some countries have fewer restrictions on specific trading circumstances, added levels of flexibility can be gained with Offshore Forex Accounts.