Comes across as odd, for some, but the FX market is technically decentralized but its players are regulatory compliant.
The decentralization is because of the nature of its operation. Unlike traditional bourses, FX is continuous, operating 24/5. Operations from different market participants--including global banks, jurisdictions and time zones ensure trade every day of the week, except, of course the weekend.
However, this is not to say the gigantic nature and depth of the Forex market is chaotic and unregulated. Global banks, who are central to Forex, for instance, are regulated entities, compliant with country-specific laws and regulations.
At the same time, brokers, market makers, and other stakeholders, also adhere to rules as set out by regulators and are adequately licensed, protecting the interest of clients and more so, traders.
ISPASS Technologies Ltd, a software provider, is a registered company in Cyprus, with registration number HE394419 and has its registered address at Nikolaou Nikolaidi 3, Flat/Office 205, Paphos 8010, Cyprus.
360 Degrees Markets Ltd is a registered company in Seychelles, with registration number 8421720-1 and has its registered address at Suite C, Orion Mall, Palm Street, Victoria, Mahe, Seychelles. 360 Degrees Markets Ltd is regulated by the Seychelles Financial Services Authority under the Securities Dealer license number SD019.
All payments through Skrill and Neteller are processed by 360 Degrees Markets Ltd.
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