Can a South Asia Student trade Forex in Germany With legality?

Trading Discussion
1

Hi Traders,

I need clarification on a few things regarding the regulations in Germany for South Asia student who wants to trade in Forex Market.

  1. Whether South Asia student in Germany can trade in Forex/Stock/Crypto?
  2. If it’s Legal for South Asia students in Germany to trade in forex, does trading activity gets counted under part-time work hours?
  3. Does trading is considered as self-employment in Germany?

I want to trade within the limits of legality. Don’t want to take any risk.

Can someone who knows about trading regulations in Germany / EU nations Please clarify…

Thanks in Advance…

2

There are some strict regulations for forex in Germany and the brokers need to be regulated in order to operate. It is a member of the EU so the EU regulations apply to the country. You can check with the local authorities to get a clear idea about the official rules and regulations. I’ve been trading for some time now using regulated brokers like XTB, Fxview and the best thing is the negative balance protection that they offer. This is something mandatory in Germany, if you think about trading there.