Forex Regulators and Licenses

The key issue to take notice of when choosing a forex broker is license or licenses that this company obtains. A license is a document indicating which forex regulators control the broker’s activities and generally the way the business is done.

Generally, onshore regulators, like NFA (regulator of the American futures market) abide by more tight legislation than their offshore colleagues, e.g. regulators based in BVI or Seychelles.

Broker licenses can be issued by various regulation authorities throughout the world; it is critically important for a new broker entering the market what are the differences between different regulators. In fact, not all the licenses are equally recognized and valued. Generally, onshore regulators, like NFA (regulator of the American futures market) abide by more tight legislation than their offshore colleagues, e.g. regulators based in BVI or Seychelles.

The most authoritative forex brokers regulators are:

NFA (National Futures Association)

CFTC (Commodity Futures Trading Committee)

Great Britain. FSA (The Financial Services Authority)

CySEC (Cyprus Securities and Exchange Commission)

FINMA (Swiss Financial Markets Authority)

BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht)

SEC (The United States Securities and Exchange Commission), FINRA (Financial Industry Regulatory Authority)

SIPC (securities Investor Protection Corporation)

FinTRAC (Financial Transactions and Reports Analysis Centre of Canada)

MiFID (The Markets in Financial Instruments Directive)

FSCL (Financial Services Complaints Ltd.)

FSC Mauritius (Financial Services Commission Mauritius)

Ten mistakes that beginner traders make

The vast majority of novice traders begin trading in the stock market without a plan. Regardless of whether you want...

Understanding liquidity of Forex Market

Forex traders often come across the concept of liquidity. Currency rates may change under the influence of increased...

Top 10 Forex money management tips

Money management plays an extremely important role in Forex trading. Without proper risk and money management techniques, trading...


ABCs of leverage in the forex market

The usage of of such a specific tool related mostly to forex market as leverage is an opportunity to increase the trading volume at the...

How forex brokers provide access to trade?

Brokers and dealing centers - this companies offers its clients access to trade on financial markets. The most advanced...

Forex leverage: a double-edged sword

Leverage is the ratio of your deposit to the lot you work with. In other words, those having a deposit of $ 100 can make a deal with a lot of 10,000...


How to benefit from the Forex?

You are making money on Forex due to the difference in exchange rates. Trade mechanism is simple: for example you buy 1 euro for $1.2 and wait until the euro...

How to start trading Forex

If you're asking yourself how to start trading Forex, don't look any further. There are many important points you need to know before you...

Pros and cons of using standard MT4 indicators

MT4 is considered the most popular platform among forex traders. Its success can be explained by at least 2 reasons...

  


Share it on:   or