Some brokers will verify this using scanned copies of documentation. This is typically a government-issued ID (passport or driver’s license) and a proof of address . It is important to ensure that your forex broker of choice is a reputable company, who will ensure that your personal information https://www.forexlive.com/ and trading funds are fully protected and backed up.
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Distribution is a market phase that arises when the market is overbought. When the price is trading in a descending channel, it is overall in a downtrend. In an ascending Forex channel, price respects both trendlines and steadily climbs up. Conversely, in a descending channel, price uses the trendline as a boundary and falls slowly.
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