Most important forex regulatory bodies

[Isthmus]

The forex market is by far the biggest financial market in the world. Since it is decentralized in nature, there isn’t a single global body supervising it. Instead, there are several regulatory bodies that operate within their own jurisdiction. Each regulatory body lays down the rules which forex brokers must follow in order to get a license to operate in the market. This is why it’s always advisable to use a regulated broker because you will be ensured that there is an authority in charge and you are protected from any fraud.

Below I’ve mentioned some of the most important regulatory bodies along with popular brokers registered. If you are looking for a broker, you can take cues!

Cyprus Securities and Exchange Commission (Cysec)

• Fxview
• IC Markets
• Exness

Australian Securities and Investments Commission (ASIC)

• Plus500
• FP Markets
• Pepperstone

Financial Conduct Authority (FCA)

• Tickmill
• CMC Markets
• Hotforex

The Financial Sector Conduct Authority (FSCA)

• FxPro
• AAAFx
• FXTM

Hellenic Capital Market Commission (HCMC)

• AAAFx
• Athens Markets
• LiquidityX

Checking the regulatory status of a broker is one surefire way to ensure that you are trading in a safe and reliable environment. Please feel free to share your valuable opinions about regulations and your favorite regulated brokers so we can expand this list. Thank you!

 

[Seminule]

Nice list, lots of familiar names. Using aaafx and fxpro from the list, good experience so far.

 

[Charles Agustin]

Your trading will turn hellish if the platform is not up to the mark. A reliable trading platform is free of technical errors like slippage, requites and dealing desk. This issue has become quite stereotype nowadays. We find the lacking of a reliable broker in majority of the brokers. Eurotrader allows traders with a technical errors free platform.