Before the introduction of the internet, retail investors had difficulty participating in the forexmarket, primarily because foreign currency is not traded on a central exchange like the stock market. Forextrading occurs over the counter in decentralized worldwide markets; as a result, only large institutions were able to participate, because they had the resources to keep traders on-site. However, now that forexis traded electronically via the internet, even the smallest individual is able to trade forex.
The way the market interprets the act will impact whether it is beneficial to open a forex account overseas. Opening a forexaccount overseas allows retail investors to trade like other foreign market participants -unrestricted by leverage and other requirements