Update 2019-11-04: This poll is outdated. An updated poll is available here.
There’s much ongoing debate on Forex regulation, but there’s one thing for sure — many traders look only for regulated brokers and pay a lot of attention to this quality. The point is that regulatory conditions differ greatly from country to country. That’s why it’s interesting to hear what Forex broker regulation is the most popular among my readers. Below, you can participate in a poll and inform us of you broker’s regulation (if any). If your Forex broker is regulated by more than one authority, please select the one that regulates company’s division you are trading with. For example, if you trade with FXCM Japan, choose FSA (Japan), not CFTC (US).
Who regulates your Forex broker?
- FSA (UK) (31%, 18 Votes)
- CFTC (US) (26%, 15 Votes)
- I don't know. (16%, 9 Votes)
- CySEC (Cyprus) (10%, 6 Votes)
- Unregulated/Offshore (7%, 4 Votes)
- ASIC (Australia) (5%, 3 Votes)
- FINMA (Switzerland) (3%, 2 Votes)
- Other (Please specify in comments.) (2%, 1 Votes)
- BaFin (Germany) (0%, 0 Votes)
- FSA (Japan) (0%, 0 Votes)
Total Voters: 58
Loading ...If you want to share your opinion or ask questions regarding the best regulatory environment for Forex brokers, feel free to reply using the form below.
Our concern is not only with forex but also with the derivatives in forex (as we help clients manage fx risks), and there is a lot of regulation coming our way (regulation on derivatives). Where do you see this heading? Is this a good thing or not? Personally I think more transparency is a good thing, even though it will obviously add to the cost. Your blogs are always very interesting
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admin Reply:
July 6th, 2011 at 11:44 am
The bad thing is when regulation becomes prohibition, which is not so uncommon in spot Forex nowadays.
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I am starting to learn about Forex and currency and binary options. I stay in the UK but do not know if my money would be protected and what broker i should deal with. I am currently “paper” trading with a web broker that has real-time quotes which seem very good but i cannot see where he is regulated about and am too embarrassed to ask(i don’t want to seem a prat!). I know i should but there you go. Could someone please give me a pointer or Two.
Many thanks.
Newbie
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admin Reply:
June 19th, 2012 at 2:58 pm
What’s the broker’s name? Usually you can find some regulatory information in the footer of the broker’s website.
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