Forex Regulators

Forex Regulators

World Regulatory Authorities that Regulate Forex Trading

Although the forex market is still not well regulated, there are many recent changes in jurisdictions all over the world indicating a clear tendency to introduce strict and sometimes even excessive regulation of the forex industry. Unlike stock or commodity markets, where trading occurs on well regulated exchanges such as the London Stock Exchange, or the New York Stock Exchange, all online foreign exchange transactions take place over the counter (also known as OTC) between willing buyers and sellers. As a result the price of a particular currency pair, which different forex brokerage firms offer to their customers, may differ significantly to the actual rate, often leading to large losses, manipulations and other abusive or illegal actions.

The regulation of forex firms within the online forex industry is a welcomed and long expected step in order to bring stability, fairness, and transparency to international forex markets. Below you will find a list of some of the forex regulatory authorities from around the world that regulate fx trading.

Please Contact EFSAG to learn more about international regulations for forex brokerage firms and discover the most suitable forex licensing solutions in over 30 onshore and offshore jurisdictions, where we offer complete support and guidance for forex firms.

Here are some of the main forex regulatory authorities which regulate forex brokerage firms:

Australia Australian Securities and Investment Commission (ASIC)
Canada British Columbia Securities Commission, Ontario Securities Commission
Cyprus Cyprus Securities and Exchange Commission (CYSEC)
Denmark Danish FSA
Germany Bundesanstalt für Finanzdienstleistungsaufsicht (BAFIN)
Hong Kong Securities and Futures Commission
Japan Financial Services Agency
Singapore Monetary Authority of Singapore
Spain Comisión Nacional del Mercado de Valores
Sweden Swedish Financial Supervisory Authority (Finansinspektionen)
Switzerland Swiss Financial Market Supervisory Authority (FINMA)
United Kingdom Financial Services Authority (FSA)
United States Securities and Exchanges Commission, Commodities and Futures Trading CommissionNational Futures Association