Business

Saudi Ministry of Commerce issues a warning about forex trading

Through its official Twitter account, the Saudi Ministry of Commerce issued a strong warning against currency trading.

“Do not lose your money due to your dealings with people or businesses who advertise unregulated FX,” it wrote in a tweet.”

The market for trading securities in the foreign exchange market is growing in popularity around the world. it is attracting investors who lack a regulatory framework and are aware of the dangers of venturing with their money.

The Saudi Central Bank, the Capital Market Authority, and the Ministry of Commerce have started a public awareness campaign to protect the public from the dangers of dealing with dodgy websites.

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