Many people who want to start trading in overseas forex may not understand the differences between overseas and domestic forex. There are rumors about overseas forex such as "overseas forex is tax-free," "overseas forex is dangerous and should be avoided," and "overseas forex accounts offer leverage of 1000 times," and it's natural to wonder what the truth is. So, this time, we will answer the questions about the differences between overseas and domestic forex, from safety and risk perspectives. We will also touch on taxes and service details, so please use this as a reference to decide which is right for you. If you are new to overseas forex, we recommend that you read the Complete Guide to Overseas Forex for Beginners. Contents 1. The Difference Between Overseas Forex and Domestic Forex 1.1 Characteristics of Overseas Forex 1: No base in Japan 1.2 Characteristics of Overseas Forex 2: Not licensed by the Financial Services Agency 1.3 Characteristics of Overseas Forex 3: Amazing high leverage 1.4 Characteristics of Overseas Forex 4: Spreads tend to widen 1.5 Characteristics of Overseas Forex 5: Favorable margin call and stop-loss conditions 1.6 Characteristics of Overseas Forex 6: Unfavorable tax and profit/loss offsetting conditions 1.7 Characteristics of Overseas Forex 7: Many currency pairs available 1.8 Characteristics of Overseas Forex 8: Abundant bonuses and campaigns 1.9 Characteristics of Overseas Forex 8: MT4 and MT5 available 1.10 Characteristics of Overseas Forex 10: Limited deposit and withdrawal methods 2. Advantages and Disadvantages of Overseas Forex 2.1 5 advantages including high leverage and small-amount trading! 2.2 There are also disadvantages and risks such as safety 2.3 Who is Overseas Forex suitable for? 3. Advantages and Disadvantages of Domestic Forex 3.1 5 advantages including trust protection! 3.2 Disadvantages and risks of not having zero cut 3.3 Who is domestic FX suitable for? 4 Recommended overseas FX brokers chosen for their reliability 4.1 "FXGT" is easy for beginners to start with 4.2 HFM has a wide range of overseas stocks 4.3 Axiory is great for execution speed 5 Summary: Try overseas FX first We'll tell you the difference between overseas FX and domestic FX Overseas FX and domestic FX differ in every aspect, including safety and service content. There is so much information out there that many people may feel anxious. This site provides highly reliable information after thorough fact-checking. You will be able to understand the reality of overseas FX in more detail than anywhere else. First, let's look at the characteristics of overseas FX in comparison with domestic FX. Item Overseas FX Domestic FX Location Overseas Domestic Financial Services Agency Approval None Unregistered broker Yes Registered broker Leverage Up to 400-5000, also unlimited Up to 25x (uniform) Spread Wide setting Narrow setting Margin call/Stop-loss No margin call/Zero-cut guarantee Stop-loss guarantee: 0%-20% Margin call available/No zero-cut guarantee Stop-loss criteria: 50%-100% Taxes/Loss offsetting ... Continue reading What are the differences between overseas FX and domestic FX? Explanation of who they are suitable for, taxes, and loss offsetting