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Is It Necessary to Restrict Forex Financial Trading? A Modified Model

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  • Moeeni, Shahram

    (University of Isfahan)

  • Tayebi, Komeil

    (University of Isfahan)

Abstract

The Central Bank of Iran banned online currency trading through Forex brokers in November 2016. However, some Iranian speculators still trade in the online Forex market. Is this prohibition on Forex trading reasonable? According to reports, the majority of Forex day traders fail and leave the market within six months

Suggested Citation

  • Moeeni, Shahram & Tayebi, Komeil, 2018. "Is It Necessary to Restrict Forex Financial Trading? A Modified Model," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 13(1), pages 63-80, January.
    • Handle: RePEc:mbr:jmonec:v:13:y:2018:i:1:p:63-80
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    References listed on IDEAS

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    Cited by:

    1. Golnaz Shahtahmassebi & Lascelles Wright, 2021. "Profit and loss manipulations by online trading brokers," Papers 2107.14055, arXiv.org.

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