What is the Legal Age to Trade Forex?

The minimum age for traders set by Forex brokers is 18 years. According to the regulatory principle of KYC (know your customer) and anti-money laundering rules, the broker must identify each user. Minor traders do not yet have sufficient legal rights and the documents necessary for identification.

Such requirements are significant restrictions for those who become interested in the world of finance at a young age. There are many examples of successful traders, investors, and managers who made their first trades at the age of 12-14. How did they do it? What age restrictions do brokers need to comply with?… Read full author’s opinion and review in blog of #LiteFinance