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Forex Trading in Iran: How Traders Navigate Sanctions, Offshore Brokers, and Crypto Rails
Iran’s forex market operates under conditions that would shut down most retail traders: FATF blacklisting, OFAC sanctions, no SWIFT access, and a 600% rial depreciation since 2018. Iranian traders can’t open accounts with FCA, ASIC, or CySEC brokers—they rely on offshore platforms, cryptocurrency payment rails, VPN infrastructure, and accept execution costs that would be unthinkable…