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European brokers are based in different countries and have multiple trading licenses, but the hot spots of forex trading in Europe are Cyprus CySEC and the United Kingdom FCA. This is where most brokers are located thanks to the world leading regulation, and even brokers located in other countries such as Denmark's Saxo Bank use a CySEC license for their forex trading division. While European regulation varies from country to country, they are all compliant with the MIFID legislation of the European Union which adds another layer of protection for traders. All forex brokers will accept people from most countries, but only a small number of brokers are truly able to handle a diverse client base. In order to better serve people from various countries and continents, a broker must be able to easily handle deposits and withdrawals with a vast number of internationally used payment methods. The brokers must also allow for accounts denominated in different currencies, have multilingual websites and dedicated customer support for many countries and languages.

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In this case, you are hoping the value of the pair itself changes in a favorable manner.

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Often, this will come as a "pop".

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That is to say, traders and investors can earn either when the market rises or falls.