Forex regulators and the licenses that they issue, one of the most important criteria when choosing a broker. But it is worth considering the fact that the regulator regulator strife, so you need to consider this point in more detail.
1. To date, there are a large number of regulatory bodies and the difference between them is enormous.
License only one eminent regulator can be very, very much. So, the American regulator NFA license to get pretty complicated, but at the same time, and it has a huge weight. Broker having such a license can safely trust their money. Another thing is the license of regulators from Panama and Mauritius, which are very personal and are not regulated, and thus the use from them a lot.
2. For this reason, the effect of a license from regulators on the forex position in the ranking of big.
Thus, depending on the reliability of the regulator, the broker receives a different number of points:
- 10 points are awarded for we NFA, FCA
- 7 points for the MIFID
- 5 points for National Regulators
- 2 points for Brokers Association
3. You must understand that even though the license and say about the reliability and integrity of a broker, but it is not the only criterion when choosing a broker.
In addition to the controls, the position in the ranking also influence opinion and feedback from users, as well as the opinion of the Administration Vpluse.net.
The Financial Services Authority (FSA) is an independent body, a single regulator of all providers of financial services in the United Kingdom. The FSA regulates most financial services markets, exchanges and firms. It sets the standards that must be met and can take action against firms if they fail to meet the required standards.
License FCA have the following brokers:
National Futures Association (NFA) is the industry-wide self-regulatory organization for the U.S. futures industry. NFA's mission is to provide innovative regulatory programs and services that ensure futures industry integrity, protect market participants and help its Members meet their regulatory responsibilities.
License NFA have the following brokers:
The Cyprus Securities and Exchange Commission (Greek: Επιτροπή Κεφαλαιαγοράς), better known as CySEC, is the financial regulatory agency of the Republic of Cyprus.
License CySEC have the following brokers:
The Markets in Financial Instruments Directive 2004/39/EC (known as "MiFID") as subsequently amended is a European Union law that provides harmonised regulation for investment services across the 31 member states of the European Economic Area (the 28 EU member states plus Iceland, Norway and Liechtenstein).
License MiFiD have the following brokers:
Seychelles Financial Services Authority (FSA Seychelles)
License FSA-SYC have the following brokers:
ASIC is Australia’s corporate, markets and financial services regulator.
License ASiC have the following brokers:
The Financial Service Providers Register (FSPR) is open for registration and authorisation applications, and for searching. The FSPR is part of the government’s financial sector regime that aims to provide greater accountability and transparency. Under the new regime, a wide range of financial service providers (FSPs) need to be registered to legally provide financial services.
License FSP-NZ have the following brokers:
As an independent supervisory authority, FINMA promotes the protection of creditors, investors, and policy holders as well as ensuring the smooth functioning of the financial markets. FINMA's primary objective is to provide protection for market players and the financial system as well as the system's reputation (functional protection). By doing so, it indirectly contributes to enhancing the competitiveness of the financial sector which is a desired effect of its supervisory activities. This con
License FINMA have the following brokers:
Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN) is a non-profit self-regulated partnership aimed to make the retail off-exchange Forex market a rightful member of the Russian financial industry.
License CRFIN have the following brokers:
The BVI Financial Services Commission is the Territory's single financial services Regulator. We are the agency responsible for authorising and licensing companies or persons to conduct financial services business and for monitoring the perimeter of regulated financial services activity to safeguard the public against any illegal and or unauthorised financial services business operating in or from within the BVI. Through the Registry of Corporate Affairs, the Commission is also responsible for t
License FSC-BVI have the following brokers:
International Financial Services Commission (IFSC)
License IFSC-Belize have the following brokers:
The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. It was established by law on 23 July 2002 taking over supervisory functions previously carried out by the Central Bank of Malta, the Malta Stock Exchange and the Malta Financial Services Centre. The Authority is a fully autonomous public institution and reports to Parliament on an annual basis.
License MFSA have the following brokers:
The Financial Services Authority
License SVGFSA have the following brokers:
The Financial Services Commission, Mauritius (FSC) is the integrated regulator for the financial services sector other than banking, and global business. The FSC was established in 2001 and operates within a modern and internationally recognised legal framework which includes the Financial Services Act, the Securities Act and the Insurance Act. The FSC licenses, regulates, monitors and supervises the conduct of business activities in the non-banking financial services sector.
License FSC-Mauritius have the following brokers:
Federal Financial Supervisory Authority. Headquarters in Germany.
License BaFIN have the following brokers:
17. Japan FSA
The Financial Services Agency is a Japanese government organization responsible for overseeing banking, securities and exchange, and insurance in order to ensure the stability of the financial system of Japan. The agency operates with a commissioner and reports to the Minister of Finance. It oversees the Securities and Exchange Surveillance Commission and the 'Certified Public Accountants and Auditing Oversight Board'. Its main office is located in Tokyo.
License Japan FSA have the following brokers:
Congress created the Commodity Futures Trading Commission (CFTC) in 1974 as an independent agency with the mandate to regulate commodity futures and option markets in the United States. The agency's mandate has been renewed and expanded several times since then, most recently by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
License CFTC have the following brokers:
The Cayman Islands Monetary Authority (CIMA)
License CIMA have the following brokers:
License SVG-FSA have the following brokers:
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