United States Forex Broker Regulations: Minimum Excess Net Capital Raised To $20 Million
The CFTC has recently raised any Forex broker regulated in the United States' minimum excess net capital amount to $20 million. Put simply, a Forex broker based in the U.S. must have at least $20 million excess net capital on hand in order to financially guard against situations which may deplete their funds.
The United States has consistently been one of the more regulators of the Forex market, although these regulations are still loose at best compared to those of the stock & future markets.
The CFTC has recently raised any Forex broker regulated in the United States' minimum excess net capital amount to $20 million. Put simply, a Forex broker based in the U.S. must have at least $20 million excess net capital on hand in order to financially guard against situations which may deplete their funds.
The United States has consistently been one of the more regulators of the Forex market, although these regulations are still loose at best compared to those of the stock & future markets.