Forex regulatory organizations
All legitimate brokers must be regulated in the country where they have operations. If you live in the United States you are better of joining a broker who is regulated by governing bodies in the United States (NFA and CFTC). Similarly, there are designated organizations in mo...
Key Advantages
- ✓ Regulated and reliable trading environment
- ✓ Competitive spreads and fast order execution
Things to Consider
- ⚠ Varies by jurisdiction and account tier
All legitimate brokers must be regulated in the country where they have operations. If you live in the United States you are better of joining a broker who is regulated by governing bodies in the United States (NFA and CFTC). Similarly, there are designated organizations in most countries. If you find a broker is not regulated in your region it’s better not to open an account with them. Note for emerging markets: Most emerging markets and developing countries are better off joining a forex broker in one of the bigger markets such as the US and UK. These countries have strict regulations that will provide better protection for your money against potential scams. Below you will find the major regulatory organizations by country.
Australia [Hong Kong SAR](http://www.forexbite.com/forexbroker/regulatory-organizations#Hong Kong SAR) Switzerland
Canada Japan [United Kingdom](http://www.forexbite.com/forexbroker/regulatory-organizations#United Kingdom)
Denmark Spain [United States](http://www.forexbite.com/forexbroker/regulatory-organizations#United States)
Australia
Canada
Denmark
Germany
Hong Kong SAR
Japan
Spain
Sweden
Switzerland
United Kingdom
United States
Regulatory & Capital Risk Notice
CFDs and forex trading carry a high level of risk to your capital due to leverage. Ensure you understand how CFDs work and whether you can afford to take the high risk of losing your money before registering with any broker.