Guides
Forex guides for the Caucasus & Central Asia
Independent, honest, regulation-checked. We explain how forex accounts and brokers actually work, where trading stands legally for residents, and how to manage the risk — so you can choose safely. We never publish guaranteed returns or invented numbers.
How to choose a regulated forex broker: a safety-first guide
How to choose a regulated forex and CFD broker if you trade from Georgia, Kazakhstan or Azerbaijan — why the licensed entity that serves your country is what matters, how offshore protection differs from strict-tier, and what to verify first. Trading is high-risk.
Read the guide →Responsible trading and CFD risk: what every new trader must understand
A plain-language explainer of CFD and forex risk — what leverage is, why most retail accounts lose money, and the risk-first habits that keep a beginner in the game. Educational only, not financial advice. Trading is high-risk.
Read the guide →How CaspianFX reviews and selects brokers — our methodology
An honest account of how CaspianFX selects, verifies and covers forex and CFD brokers for resident traders in Georgia, Kazakhstan and Azerbaijan — what we verify against the register, what we leave honest-null, and our editorial independence policy.
Read the guide →Forex regulation in Georgia, Kazakhstan and Azerbaijan — the honest offshore map
An honest, sourced explainer of the retail forex and CFD regulatory landscape across the Caucasus and Central Asia — the NBG (Georgia), AFSA and ARDFM (Kazakhstan), CBAR (Azerbaijan), and why residents trade through offshore-regulated brokers (Seychelles FSA, Belize FSC, Mauritius FSC). No strong local regime exists; this page explains what that means in practice.
Read the guide →How to verify a forex broker's licence — a practical guide for the Caucasus and Central Asia
A practical step-by-step for traders in Georgia, Kazakhstan and Azerbaijan on how to check a forex broker's licence on the official regulator register, find the specific entity that actually serves your country, and spot lapsed licences and clone firms. No local regime protects you here — verification is the safety net.
Read the guide →Is forex trading legal in Georgia?
An honest, sourced explainer on whether forex and CFD trading is legal in Georgia — the role of the National Bank of Georgia (NBG), Georgia's liberal currency rules, and why offshore brokers are legal to use but not NBG-supervised. Trading is high-risk.
Read the guide →Is forex trading legal in Kazakhstan?
An honest, sourced explainer on whether forex and CFD trading is legal in Kazakhstan — the dual ARDFM / AFSA (AIFC) regime, why offshore brokers are legal to use but not locally supervised, and what to check before funding. Trading is high-risk.
Read the guide →Is forex trading legal in Azerbaijan?
An honest, sourced explainer on whether forex and CFD trading is legal in Azerbaijan — the role of the Central Bank of Azerbaijan (CBAR), the absence of a local regime, and how AZN cross-border transfer caps throttle deposit size. Trading is high-risk.
Read the guide →Forex and CFD glossary: 60 terms explained
Plain-language definitions of the forex and CFD terms you will encounter as a resident trader in Georgia, Kazakhstan or Azerbaijan — from pip and lot to leverage, swap, margin call, CFD, offshore regulator and spread. Educational only, not financial advice.
Read the guide →Forex risk management: stop-losses, position sizing and risk-reward explained
A practical explainer of the three foundational risk-management concepts for forex and CFD traders — stop-loss orders, position sizing and risk-reward ratio. Educational only: no signals, no trading advice, no 'how to make money'. Trading is high-risk.
Read the guide →What moves currency prices? Interest rates, inflation, central-bank policy and oil explained
A plain-language explainer of the economic drivers behind currency price movements — interest rates, inflation, central-bank policy, oil prices and their specific relevance to the Georgian lari, Kazakhstani tenge and Azerbaijani manat. Educational only, not financial advice.
Read the guide →Forex trading in Kazakhstan: the regulatory and statistical picture
A data-sourced guide to forex trading in Kazakhstan — the NBRK framework, AIFC (Astana International Financial Centre) as a regulated hub, offshore vs AIFC broker comparison, KZT/USD trading, and what BIS data tells us about CIS foreign-exchange volume. Trading is high-risk.
Read the guide →CySEC regulated forex brokers: what the licence means and how to verify it
A complete guide to CySEC (Cyprus Securities and Exchange Commission) regulation for forex brokers — what MiFID II requires (client-money segregation, 30:1 leverage cap, negative-balance protection, ICF up to €20,000), how CySEC compares to offshore regulation, and how to verify a CySEC licence. For traders in Georgia, Kazakhstan and Azerbaijan.
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