Forex Broker Regulators You Must Know


There are several Forex Brokers regulatory agencies. In which each country has different requirements. It is imperative to get to know Forex brokers. We have listed here the list of world-famous regulators.

CySEC – Cyprus Securities and Exchange Commission

  • CySEC is the Cyprus Forex Broker Regulatory Authority.

  • CySEC has an EU regulatory framework, and meet EU and MiFID standards

  • CySEC is responsible for verifying the application, granting permission cancel, and revoke license and to monitor the operations in accordance with the rules of the brokers related to the international stock exchange for the control and prevention of financial fraud.

  •  CySEC-registered brokers offer their clients a compensation guarantee of up to 20,000 euros in case of the broker’s bankruptcy.

Financial Conduct Authority (FCA)

  • FCA is the UK Forex Broker Regulatory Authority, established by the British government.
  • FCA is a public, non-profit organization and does not use the taxpayer’s money for the operation. It is also part of the European Economic Area Agreement and MiFID.
  • FCA is responsible for regulating companies, Forex brokers, and financial authorities for transparency and crime prevention, working with the Bank of England and the Prudential Regulatory Authority.
  • The FCA is regulated to provide warranties on customer’s compensation in case of broker bankruptcy of £50,000.

Australian Securities and Investments Commission (ASIC)

  • ASIC is the Securities and Investments Commission, Australia. It is an independent body of the Australian Government.
  • ASIC changed its name from the Australian Securities Commission (ASC).
  • ASIC acts as a regulator. Enforce the law and regulate the registration law, including financial services law to guarantee safety for investors.
  • ASIC was established in 1989 is the oldest agency on the market. ASIC’s powers and scope are determined by the Securities and Investments Act, Australia, 2001.

The Seychelles Financial Services Authority (FSA)

  • The FSA, the Seychelles Financial Services Authority, is an independent regulator.
  • The FSA was established under the Financial Services and Marketing Act 2013.
  • The FSA is responsible for non-bank financial services in the Seychelles.
  • The FSA is responsible for licensing and regulating licenses. Enforce regulatory and regulatory requirements, inspection, and supervision in doing business in the non-banking financial services sector in the Seychelles.

The Financial Services Commission (FSC)

  • FSC is the Mauritius Financial Services Commission.
  • The FSC is the integrated regulator for the non-banking and global business financial services sector.
  • FSC was established in 2001 to provide licenses in the financial sector.
  • FSC is governed by the Financial Services Act 2007, the Securities Act 2005, the Insurance Act 2005, and the Private Pension Fund Act 2012.

Financial Sector Conduct Authority (FSCA)

  • FSCA is the market regulatory agency of financial institutions that provide financial products and services. Financial institutions licensed by the financial sector law, including banks, insurance companies, retirement funds.
  • FSCA acts as the governing body for market operations to promote and support the efficiency and integrity of the financial markets.
  • FSCA promotes fair treatment of customers to protect financial customers.
  • FSCA promotes financial education for its customers to help maintain financial stability.

International Financial Services Commission (IFSC)

  • IFSC is the governing body in Belize.
  • The IFSC was established in 1999 by the International Financial Services Commission Act.
  • IFSC is responsible for licensing international financial service providers. This includes brokers, corporations, brokerages and other financial service providers.
  • IFSC is responsible for overseeing registered financial service providers. To promote Belize as an international financial service center, including controlling international financial services.

Securities Commission of The Bahamas (SCB)

  • SCB is the Bahamas Securities Commission.
  • SCB is a legal entity established in 1995 under the Securities Commission Act, which was replaced by a new law by order of the Commission, it is set out in the Securities Industry Act of 2011.
  • SCB is responsible for the administration of the Securities Industry Act 2011 (SIA) and the Investment Fund Act 2003 (IFA).
  • SCB is responsible for the administration of the Securities Industry Act 2011 (SIA) and the Investment Fund Act 2003 (IFA).
  • SCB supervises and controls the activities of mutual funds investing in securities and capital markets, including the Administration of the Financial Services and Organizations Act of 2000.
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