Why are accounts frozen in overseas forex trading? We'll explain in detail how to unfreeze them and what to do to prevent it

If you're interested in overseas forex trading but have seen reviews saying things like "My account was frozen!", you might be hesitant to use it. However, account freezing is a penalty for users who violate the terms of service, so it's a problem that can also occur with domestic forex trading. Also, depending on the reason for the account freezing, it can be lifted, so don't worry. This article will explain the basics of overseas forex account freezing, along with how to lift it. Beginners to overseas forex trading are advised to read the Complete Guide for Overseas Forex Beginners. Contents 1 What is an overseas forex account freeze? 1.1 A trading account is frozen and becomes an "invalid account" 1.2 Failure to comply with the terms of service and neglecting the account are causes of account freezing 1.3 Unfair account freezing can occur with unscrupulous brokers 2 Can an overseas forex account be lifted? 2.1 It can be lifted by re-registration 2.2 Forced withdrawal does not allow for account lifting 3 How to avoid an overseas forex account freeze? 3.1 Check the prohibited activities of overseas forex brokers 3.2 Choose a reliable overseas forex broker 3.3 Avoid brokers rumored to refuse withdrawals due to excessive earnings 3.4 Trade regularly with the minimum lot size 4 How to identify overseas forex brokers that do not unfairly freeze accounts 4.1 Use overseas forex brokers that have obtained a financial license 4.2 High transparency of trading rules 4.3 Do not conduct excessive bonus campaigns 4.4 Are members of the Financial Services Commission 4.5 No bad rumors regarding account freezing or withdrawal refusal 5 Frequently asked questions about overseas forex account freezing 5.1 Are domestic forex accounts frozen as well? 5.2 Have there been any cases where overseas forex account freezing has resulted in a lawsuit? 5.3 Why are overseas forex accounts frozen? 5.4 Can accounts be frozen even if there is no violation? 5.5 Will funds in a frozen account be returned? 5.6 What precautions should be taken to avoid account freezing? 5.7 Is there a way to check if an overseas forex account has been frozen? 5.8 Can a frozen account be used again? What is an overseas FX account freeze? What exactly does an overseas FX account freeze mean? First, let's explain the basic information regarding overseas FX account freezes based on the following points. Even though it's called an account freeze, it's not a particularly difficult problem if you understand the key points, so don't worry. Trading account freeze becomes an "invalid account" An account freeze simply means that your account is frozen and becomes an "invalid account". If you try to log in from MT4/MT5, which you use to trade with overseas FX, and it displays as an invalid account and you are unable to trade, then your account is frozen. Even if one account is frozen, if other accounts are not frozen, you may still be able to trade or log in to the member page. Terms of service violations and neglecting the account are causes of account freezes When an overseas FX account is frozen, there are basically two patterns of causes. Let's take a quick look at how each of these leads to an account freeze. Violation of the terms of service set by the overseas FX broker The most common cause of an overseas FX account freeze is "violation of the terms of service set by the overseas FX broker". Overseas forex brokers have several terms of service in place to prevent fraudulent trading and criminal activity. The following are some of the prohibited actions common to many overseas forex brokers. If any trading or activity falls under these prohibited actions, the overseas forex broker may freeze your account as a penalty. Please be sure to carefully review the prohibited actions of overseas forex brokers, along with the "Checking the Prohibited Actions of Overseas Forex Brokers" section below. Account Freezing Due to Long-Term Inactivity: Overseas forex brokers freeze accounts that have not been used for a long period. Generally, the process leading to the freezing of an overseas forex account that has not been used for a long period is as follows. Note that account freezing can be avoided by making any trades or deposits/withdrawals while the account is dormant. Account maintenance fees are also not charged if the account balance is 0 yen. It is recommended to withdraw all funds from accounts that you do not plan to use for a long period. … Continue reading Why are overseas forex accounts frozen? Detailed explanation of how to unfreeze and countermeasures.