Skip to content
ForexXP

Regulators

Tier 1 regulators offer the strongest client protection (segregated funds, compensation schemes, strict audits). Offshore licenses are easier to obtain and offer much less recourse.

Tier 1 23 regulators

CIRO Canadian Investment Regulatory Organization 🇨🇦 Canada · 5 licensees SRO FI Finansinspektionen 🇸🇪 Sweden · 0 licensees ASIC Australian Securities and Investments Commission 🇦🇺 Australia · 86 licensees FCA Financial Conduct Authority 🇬🇧 United Kingdom · 58 licensees CySEC Cyprus Securities and Exchange Commission 🇨🇾 Cyprus · 63 licensees CFTC Commodity Futures Trading Commission 🇺🇸 United States · 1 licensee NFA National Futures Association 🇺🇸 United States · 1 licensee SRO FINMA Swiss Financial Market Supervisory Authority 🇨🇭 Switzerland · 1 licensee MAS Monetary Authority of Singapore 🇸🇬 Singapore · 7 licensees FSA Financial Services Agency 🇯🇵 Japan · 33 licensees SEC U.S. Securities and Exchange Commission 🇺🇸 United States · 0 licensees SFC Securities and Futures Commission 🇭🇰 Hong Kong SAR China · 18 licensees BaFin Federal Financial Supervisory Authority (BaFin) 🇩🇪 Germany · 0 licensees AMF Autorité des marchés financiers 🇫🇷 France · 0 licensees CNMV Comisión Nacional del Mercado de Valores 🇪🇸 Spain · 0 licensees CONSOB Commissione Nazionale per le Società e la Borsa 🇮🇹 Italy · 0 licensees AFM Dutch Authority for the Financial Markets 🇳🇱 Netherlands · 0 licensees FMA Financial Markets Authority 🇳🇿 New Zealand · 7 licensees MFSA Malta Financial Services Authority 🇲🇹 Malta · 4 licensees DFSA Dubai Financial Services Authority 🇦🇪 United Arab Emirates · 7 licensees FSRA ADGM Financial Services Regulatory Authority 🇦🇪 United Arab Emirates · 8 licensees HKEX Hong Kong Exchanges and Clearing 🇭🇰 Hong Kong SAR China · 0 licensees Exchange FINRA Financial Industry Regulatory Authority 🇺🇸 United States · 1 licensee SRO

Tier 2 23 regulators

JFX Jakarta Futures Exchange 🇮🇩 Indonesia · 4 licensees Exchange HKGX Hong Kong Gold Exchange 🇭🇰 Hong Kong SAR China · 11 licensees Exchange FSC Financial Services Commission, Mauritius 🇲🇺 Mauritius · 36 licensees CIMA Cayman Islands Monetary Authority 🇰🇾 Cayman Islands · 2 licensees Labuan Labuan Financial Services Authority 🇲🇾 Malaysia · 4 licensees FSCA Financial Sector Conduct Authority 🇿🇦 South Africa · 33 licensees SEBI Securities and Exchange Board of India 🇮🇳 India · 0 licensees SCB Securities Commission of The Bahamas 🇧🇸 Bahamas · 5 licensees IOMFSA Isle of Man Financial Services Authority 🇮🇲 Isle of Man · 0 licensees CBB Central Bank of Bahrain 🇧🇭 Bahrain · 0 licensees QFCRA Qatar Financial Centre Regulatory Authority 🇶🇦 Qatar · 0 licensees BVI FS British Virgin Islands Financial Services Commission 🇻🇬 British Virgin Islands · 1 licensee SCA Securities and Commodities Authority 🇦🇪 United Arab Emirates · 7 licensees FSS Financial Supervisory Service 🇰🇷 South Korea · 0 licensees FSC Financial Services Commission (Korea) 🇰🇷 South Korea · 0 licensees SEC Securities and Exchange Commission, Thailand 🇹🇭 Thailand · 0 licensees BAPPEB Commodity Futures Trading Regulatory Agency (Bappebti) 🇮🇩 Indonesia · 7 licensees CBR Bank of Russia 🇷🇺 Russia · 0 licensees CFFEX China Financial Futures Exchange 🇨🇳 China · 4 licensees Exchange CMA Capital Market Authority 🇸🇦 Saudi Arabia · 0 licensees SAMA Saudi Central Bank 🇸🇦 Saudi Arabia · 0 licensees CNB Czech National Bank 🇨🇿 Czechia · 1 licensee NBRB National Bank of the Republic of Belarus 🇧🇾 Belarus · 3 licensees

Tier 3 5 regulators

Offshore 6 regulators