All Forex trading is international. You cannot participate in any other kind of Forex trading, as international Forex trading is the only type of currency trading. This is because different countries and nations will have their own currencies, so it doesn't matter where you are and what Forex broker you use - you will always be trading currencies in the same market as everybody else and how you reach that same market is irrelevant.
You enter the market for currencies and trade currencies internationally. This is the same for every Forex trader and investor in the market. In all fairness, it is possible to trade currencies in different ways, through different types of brokers and such. However, the majority of individual Forex traders will trade currencies through retail market makers.
Because the Forex trading is always international, so are Forex brokers and they are needed in order to enter the currency market. There are many brokers available and the majority of the them look for all kinds of clients, regardless of how much money they have to open an account with or what country they come from. You are fully responsible yourself though, as an individual Forex trader, to find a broker that is regulated.
If you choose a Forex broker that is not based in your country, you will be responsible for finding out which regulatory authorities it is associated with, in order to ensure that the broker you are signing up to is legit. Of course even if the broker you go to is based in your own country, you will still have to do your research. Some brokers aren't regulated and this is why you have to be careful.
Never go to a broker that isn't regulated - it just isn't worth your time, effort or money. If you do happen to go to a bad broker, you might lose all of your money, as well as wasting all of your time and efforts. You could of course contact the regulatory authorities and take legal action, but you won't be in a very strong position at all. Although it sounds a little extreme, cases like this have happened before.
If you do go to a Forex broker that is not regulated, you will run the risk of being subjected to fraud, manipulation and abusive trade practices. Currency trading is difficult enough already, so you don't want to make it even harder for yourself and go to a poor broker. Provided that you go to a broker that has some good reviews and a strong reputation, you and your money will most likely be very safe.
In conclusion, all Forex trading is international. All Forex brokers work internationally too because of this, however, not all are regulated. It is ultimately the individual Forex trader's responsibility to make sure that their broker is safe and legit, because not all aren't and many aren't regulated. Remember, just because you live in one country, it doesn't mean you have to go to a broker that is based in your own country, as that won't really benefit you. What will benefit you, is going to a broker that you can trust and establish a long-term relationship with.
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