Forex Brokers in Kazakhstan | ARDFM regulation

Despite not being home to many forex brokers, Kazakhstan is a country that has a pretty large forex trader community. The central Asian country has around 19 million inhabitants, many of whom are trying their luck as online forex traders. Meanwhile, Kazakhstan’s regulations make it a favorable place to set up a forex broker, with few rules and restrictions in place for brokers. This makes it easy to get started as a new brokerage company, allows for high trading leverage, and an easier sign-up and verification process for customers than in more strictly regulated European jurisdictions. However, traders should know that more relaxed regulations also could increase the risks for the user. It is therefore important for traders to make sure they fully trust a broker before depositing money with it.