Forex White Label Program is a program which is designed for restricted individuals and institutions that desire to build a brand name and a presence in the Forex industry. In a forex white label program, you will be presented with a platform (MT4) holding your brand or logo as well as content for your IB website.
Is forex trading a crime?
In Nigeria, it is illegal to trade with other people’s funds as only licensed brokers are authorized to do that. Forex traders should also note that forex like other business transactions is subject to tax deductions.
Is white-collar illegal?
The Federal Bureau of Investigation (FBI), which investigates a great deal of white-collar crime, defines it as “illegal acts which are characterized by deceit, concealment, or violation of trust and which are not dependent upon the application or threat of physical force or violence.” These crimes are committed by …
What is white-collar money?
White-collar crime is nonviolent wrongdoing that financially enriches its perpetrators. These crimes include misrepresentation of a corporation’s finances in order to deceive regulators and others.
Is forex trading legal in New York?
While forex trading is legal, the industry is rife with scams and bad actors. Investors need to do their due diligence before venturing into what can be a Wild West version of global financial markets.
Who is considered white-collar?
White-collar workers are suit-and-tie workers who work at a desk and, stereotypically, eschew physical labor. White-collar jobs typically are higher-paid, higher-skilled jobs that require more education and training than low-skilled or manual work.
Who commits most white-collar crimes?
White malesWhite males between the ages of 41-50 are the most common demographic that commits a white-collar crime. Males commit at least 75% of white-collar crimes, and crimes like bribery are overwhelmingly committed by white individuals (84.9%).
What is blue collar vs white-collar?
The most obvious one is that a white collar worker works at an office, while blue collar workers can work in various non-office settings, such as construction sites, production lines, on the road etc. Type of labor.
What is black collar?
Now, black collar workers are the creative types of professionals like artists, graphic designers, and video producers. The moniker has transferred over to them due to their unofficial uniforms, which are generally comprised of black attire.
Why is white-collar crime?
The motivation behind these crimes is financial—to obtain or avoid losing money, property, or services or to secure a personal or business advantage. These are not victimless crimes.
Is forex trading a gambling?
Forex trading is considered by many to be nothing more than gambling. After all whenever you take a position in a particular currency pair, you are essentially betting on the price to either go up or down by taking a long or short position.
Do forex traders pay tax in USA?
FOREX. FOREX (Foreign Exchange Market) trades are not reported to the IRS the same as stocks and options, or futures. FOREX trades are considered by the IRS as simple interest and the gain or loss is reported as “other income” on Form 1040 (line 21). No special schedules or matched trade lists are necessary.
Is forex ban in USA?
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!
What is a collar in investing?
What is a Collar? A collar, commonly known as a hedge wrapper, is an options strategy implemented to protect against large losses, but it also limits large gains. An investor creates a collar position by purchasing an out-of-the-money put option while simultaneously writing an out-of-the-money call option.
When to use collar option?
An investor should consider executing a collar if they are currently long a stock that has substantial unrealized gains. Additionally, the investor might also consider it if they are bullish on the stock over the long term, but are unsure of shorter term prospects. To protect gains against a downside move in the stock, they can implement the collar option strategy. An investor’s best case scenario is when the underlying stock price is equal to the strike price of the written call option at expiry.
What is a collar strategy?
A collar, commonly known as a hedge wrapper, is an options strategy implemented to protect against large losses, but it also limits large gains. The protective collar strategy involves two strategies known as a protective put and covered call. An investor’s best case scenario is when the underlying stock price is equal to the strike price …