Broker regulation
Forex broker regulators
We connect regulator names to the exact legal entities they supervise. This avoids the common mistake of treating a global broker brand as if every client receives the same regulatory protection.
Our regulator-strength scale
How the regulator categories work
The directory is grouped by the strength of supervision relevant to retail forex/CFD clients. The strongest group is shown first. Regulators scoring 90–100 receive the additional Comprehensive oversight badge inside the Strong oversight group.
75–100 Strong oversight55–74 Moderate oversight30–54 Limited oversight0–29 Minimal / registration-only FX oversight
75–100 oversight score
Strong oversight
Regulators with substantive retail financial supervision, meaningful licensing and conduct requirements, and comparatively strong investor safeguards. Authorities scoring 90+ are additionally marked Comprehensive oversight.
CFTC
Commodity Futures Trading Commission
7 verified broker relationships →
98/100Comprehensive oversight
CFTC
Commodity Futures Trading Commission
8 verified broker relationships →
98/100Comprehensive oversight
FCA
Financial Conduct Authority
95 verified broker relationships →
98/100Comprehensive oversight
FinCEN
Financial Crimes Enforcement Network
1 verified broker relationship →
98/100Comprehensive oversight
FINRA
Financial Industry Regulatory Authority
6 verified broker relationships →
98/100Comprehensive oversight
UKGC
Gambling Commission
1 verified broker relationship →
98/100Comprehensive oversight
NYDFS
New York State Department of Financial Services
1 verified broker relationship →
98/100Comprehensive oversight
SEC
U.S. Securities and Exchange Commission
4 verified broker relationships →
98/100Comprehensive oversight
NFA
National Futures Association
8 verified broker relationships →
97/100Comprehensive oversight
ARIF
Association Romande des Intermédiaires Financiers
1 verified broker relationship →
96/100Comprehensive oversight
Bundesbank
Deutsche Bundesbank
3 verified broker relationships →
96/100Comprehensive oversight
BaFin
Federal Financial Supervisory Authority
23 verified broker relationships →
96/100Comprehensive oversight
FFAJ
Financial Futures Association of Japan
13 verified broker relationships →
96/100Comprehensive oversight
JFSA/KLFB
Financial Services Agency / Kanto Local Finance Bureau
20 verified broker relationships →
96/100Comprehensive oversight
JFSA/KLFB
Financial Services Agency / Kinki Local Finance Bureau
1 verified broker relationship →
96/100Comprehensive oversight
JFSA
Financial Services Agency Japan
54 verified broker relationships →
96/100Comprehensive oversight
IMAJ
Investment Management Association of Japan
2 verified broker relationships →
96/100Comprehensive oversight
JCFA
Japan Commodity Futures Association
4 verified broker relationships →
96/100Comprehensive oversight
JSDA
Japan Securities Dealers Association
9 verified broker relationships →
96/100Comprehensive oversight
JSTOA
Japan Security Token Offering Association
2 verified broker relationships →
96/100Comprehensive oversight
JVCEA
Japan Virtual and Crypto assets Exchange Association
3 verified broker relationships →
96/100Comprehensive oversight
MAFF
Ministry of Agriculture, Forestry and Fisheries
2 verified broker relationships →
96/100Comprehensive oversight
METI
Ministry of Economy, Trade and Industry
2 verified broker relationships →
96/100Comprehensive oversight
MAS
Monetary Authority of Singapore
17 verified broker relationships →
96/100Comprehensive oversight
FINMA
Swiss Financial Market Supervisory Authority
6 verified broker relationships →
96/100Comprehensive oversight
T2FIFA
Type II Financial Instruments Firms Association
3 verified broker relationships →
96/100Comprehensive oversight
ASIC
Australian Securities and Investments Commission
77 verified broker relationships →
95/100Comprehensive oversight
ACPR
Autorité de contrôle prudentiel et de résolution
2 verified broker relationships →
95/100Comprehensive oversight
ACPR
Autorité de contrôle prudentiel et de résolution
7 verified broker relationships →
95/100Comprehensive oversight
AMF
Autorité des marchés financiers
2 verified broker relationships →
95/100Comprehensive oversight
AMF
Autorité des marchés financiers
1 verified broker relationship →
95/100Comprehensive oversight
AMF Québec
Autorité des marchés financiers Québec
2 verified broker relationships →
95/100Comprehensive oversight
BdF
Banque de France
1 verified broker relationship →
95/100Comprehensive oversight
CIRO
Canadian Investment Regulatory Organization
9 verified broker relationships →
95/100Comprehensive oversight
CBI
Central Bank of Ireland
3 verified broker relationships →
95/100Comprehensive oversight
CBI
Central Bank of Ireland
1 verified broker relationship →
95/100Comprehensive oversight
CSSF
Commission de Surveillance du Secteur Financier
6 verified broker relationships →
95/100Comprehensive oversight
CSSF
Commission de Surveillance du Secteur Financier
1 verified broker relationship →
95/100Comprehensive oversight
AFM
Autoriteit Financiële Markten
3 verified broker relationships →
95/100Comprehensive oversight
AFM
Dutch Authority for the Financial Markets
2 verified broker relationships →
95/100Comprehensive oversight
FMA
Financial Market Authority Austria
2 verified broker relationships →
95/100Comprehensive oversight
FSMA
Financial Services and Markets Authority
6 verified broker relationships →
95/100Comprehensive oversight
FSMA
Financial Services and Markets Authority Belgium
1 verified broker relationship →
95/100Comprehensive oversight
REGAFI
French financial-agent register (REGAFI) / ACPR
1 verified broker relationship →
95/100Comprehensive oversight
SFC
Securities and Futures Commission
7 verified broker relationships →
95/100Comprehensive oversight
SFC
Securities and Futures Commission
2 verified broker relationships →
95/100Comprehensive oversight
SFC
Superintendencia Financiera de Colombia
2 verified broker relationships →
95/100Comprehensive oversight
HKGX
Hong Kong Gold Exchange
1 verified broker relationship →
95/100Comprehensive oversight
HKGX
The Hong Kong Gold Exchange
1 verified broker relationship →
95/100Comprehensive oversight
BdI
Banca d'Italia
1 verified broker relationship →
94/100Comprehensive oversight
CNMV
Comisión Nacional del Mercado de Valores
1 verified broker relationship →
94/100Comprehensive oversight
CNMV
Comisión Nacional del Mercado de Valores
13 verified broker relationships →
94/100Comprehensive oversight
CNMV
Comisión Nacional del Mercado de Valores
6 verified broker relationships →
94/100Comprehensive oversight
CONSOB
Commissione Nazionale per le Società e la Borsa
8 verified broker relationships →
94/100Comprehensive oversight
DFSA
Danish Financial Supervisory Authority
2 verified broker relationships →
94/100Comprehensive oversight
Finanstilsynet
Financial Supervisory Authority of Norway
3 verified broker relationships →
94/100Comprehensive oversight
Finanstilsynet
Financial Supervisory Authority of Norway
1 verified broker relationship →
94/100Comprehensive oversight
Finanstilsynet
Financial Supervisory Authority of Norway
1 verified broker relationship →
94/100Comprehensive oversight
FI
Finansinspektionen
4 verified broker relationships →
94/100Comprehensive oversight
FI
Finansinspektionen
1 verified broker relationship →
94/100Comprehensive oversight
CMVM
Comissão do Mercado de Valores Mobiliários
1 verified broker relationship →
93/100Comprehensive oversight
CMVM
Comissão do Mercado de Valores Mobiliários
2 verified broker relationships →
93/100Comprehensive oversight
CMVM
Comissão do Mercado de Valores Mobiliários
5 verified broker relationships →
93/100Comprehensive oversight
DNB
De Nederlandsche Bank
1 verified broker relationship →
93/100Comprehensive oversight
DNB
De Nederlandsche Bank
1 verified broker relationship →
93/100Comprehensive oversight
FMA
Financial Markets Authority
11 verified broker relationships →
93/100Comprehensive oversight
FMA
Financial Markets Authority
3 verified broker relationships →
93/100Comprehensive oversight
FSPR
New Zealand Financial Service Providers Register
1 verified broker relationship →
93/100Comprehensive oversight
CNB
Czech National Bank
1 verified broker relationship →
92/100Comprehensive oversight
CNB
Czech National Bank
2 verified broker relationships →
92/100Comprehensive oversight
NBB
National Bank of Belgium
1 verified broker relationship →
92/100Comprehensive oversight
KNF
Polish Financial Supervision Authority
4 verified broker relationships →
92/100Comprehensive oversight
KNF
Polish Financial Supervision Authority
3 verified broker relationships →
92/100Comprehensive oversight
LB
Bank of Lithuania
1 verified broker relationship →
91/100Comprehensive oversight
Finantsinspektsioon
Estonian Financial Supervision and Resolution Authority
2 verified broker relationships →
91/100Comprehensive oversight
EFSA
Estonian Financial Supervision and Resolution Authority
1 verified broker relationship →
91/100Comprehensive oversight
EFSA
Estonian Financial Supervision and Resolution Authority
3 verified broker relationships →
91/100Comprehensive oversight
FCMC
Financial and Capital Market Commission
2 verified broker relationships →
91/100Comprehensive oversight
Latvijas Banka
Latvijas Banka
1 verified broker relationship →
91/100Comprehensive oversight
MNB
Magyar Nemzeti Bank
3 verified broker relationships →
91/100Comprehensive oversight
MNB
Magyar Nemzeti Bank
1 verified broker relationship →
91/100Comprehensive oversight
MNB
Magyar Nemzeti Bank
1 verified broker relationship →
91/100Comprehensive oversight
NBS
National Bank of Slovakia
1 verified broker relationship →
91/100Comprehensive oversight
FSRA
Financial Services Regulatory Authority of Abu Dhabi Global Market
5 verified broker relationships →
90/100Comprehensive oversight
ADGM FSRA
Financial Services Regulatory Authority of Abu Dhabi Global Market
4 verified broker relationships →
90/100Comprehensive oversight
CySEC
Cyprus Securities and Exchange Commission
111 verified broker relationships →
89/100Strong oversight
DFSA
Dubai Financial Services Authority
2 verified broker relationships →
89/100Strong oversight
DFSA
Dubai Financial Services Authority
20 verified broker relationships →
89/100Strong oversight
GFSC
Gibraltar Financial Services Commission
1 verified broker relationship →
89/100Strong oversight
GFSC
Gibraltar Financial Services Commission
1 verified broker relationship →
89/100Strong oversight
GFSC
Gibraltar Financial Services Commission
1 verified broker relationship →
89/100Strong oversight
HCMC
Hellenic Capital Market Commission
1 verified broker relationship →
89/100Strong oversight
HCMC
Hellenic Capital Market Commission
1 verified broker relationship →
89/100Strong oversight
HANFA
Croatian Financial Services Supervisory Agency
1 verified broker relationship →
88/100Strong oversight
FSC Bulgaria
Financial Supervision Commission of Bulgaria
2 verified broker relationships →
88/100Strong oversight
ASF
Financial Supervisory Authority
2 verified broker relationships →
88/100Strong oversight
ASF
Financial Supervisory Authority Romania
1 verified broker relationship →
88/100Strong oversight
MFSA
Malta Financial Services Authority
12 verified broker relationships →
88/100Strong oversight
CMA UAE
Capital Market Authority United Arab Emirates
16 verified broker relationships →
87/100Strong oversight
CBB
Central Bank of Bahrain
1 verified broker relationship →
87/100Strong oversight
ISA
Israel Securities Authority
2 verified broker relationships →
87/100Strong oversight
ISA
Israel Securities Authority
1 verified broker relationship →
87/100Strong oversight
ISA
Israel Securities Authority
1 verified broker relationship →
87/100Strong oversight
ISA
Israel Securities Authority
1 verified broker relationship →
87/100Strong oversight
SCA
Securities and Commodities Authority
10 verified broker relationships →
87/100Strong oversight
SCA/CMA
Securities and Commodities Authority
9 verified broker relationships →
87/100Strong oversight
SCA
Securities and Commodities Authority
1 verified broker relationship →
87/100Strong oversight
CMA UAE
United Arab Emirates Capital Market Authority
18 verified broker relationships →
87/100Strong oversight
SC Malaysia
Securities Commission Malaysia
1 verified broker relationship →
86/100Strong oversight
BCB
Banco Central do Brasil
1 verified broker relationship →
84/100Strong oversight
BCB
Banco Central do Brasil
1 verified broker relationship →
84/100Strong oversight
CMF
Comisión para el Mercado Financiero
1 verified broker relationship →
84/100Strong oversight
CVM
Comissão de Valores Mobiliários
3 verified broker relationships →
84/100Strong oversight
CVM
Comissão de Valores Mobiliários
1 verified broker relationship →
84/100Strong oversight
OJK
Financial Services Authority of Indonesia
2 verified broker relationships →
84/100Strong oversight
OJK
Otoritas Jasa Keuangan
1 verified broker relationship →
84/100Strong oversight
OJK
Otoritas Jasa Keuangan
7 verified broker relationships →
84/100Strong oversight
FSCA
Financial Sector Conduct Authority
76 verified broker relationships →
82/100Strong oversight
FSCA
Financial Sector Conduct Authority
8 verified broker relationships →
82/100Strong oversight
Labuan FSA
Labuan Financial Services Authority
12 verified broker relationships →
76/100Strong oversight
Labuan FSA
Labuan Financial Services Authority
1 verified broker relationship →
76/100Strong oversight
Labuan FSA
Labuan Financial Services Authority
1 verified broker relationship →
76/100Strong oversight
BI
Bank Indonesia
1 verified broker relationship →
75/100Strong oversight
BI
Bank Indonesia
9 verified broker relationships →
75/100Strong oversight
BAPPEBTI
Commodity Futures Trading Regulatory Agency
1 verified broker relationship →
75/100Strong oversight
BAPPEBTI
Commodity Futures Trading Regulatory Agency
71 verified broker relationships →
75/100Strong oversight
JFX
Jakarta Futures Exchange
1 verified broker relationship →
75/100Strong oversight
JSC
Jordan Securities Commission
10 verified broker relationships →
75/100Strong oversight
55–74 oversight score
Moderate oversight
Genuine financial regulators and licensing regimes, but with materially lighter retail safeguards, enforcement depth or compensation arrangements than the strongest jurisdictions.
CMA Kenya
Capital Markets Authority Kenya
15 verified broker relationships →
74/100Moderate oversight
SECP
Securities and Exchange Commission of Pakistan
1 verified broker relationship →
72/100Moderate oversight
BMA
Bermuda Monetary Authority
3 verified broker relationships →
70/100Moderate oversight
CIMA
Cayman Islands Monetary Authority
15 verified broker relationships →
68/100Moderate oversight
SCB
Securities Commission of The Bahamas
15 verified broker relationships →
64/100Moderate oversight
SCB
Securities Commission of The Bahamas
1 verified broker relationship →
64/100Moderate oversight
BVI FSC
British Virgin Islands Financial Services Commission
24 verified broker relationships →
60/100Moderate oversight
BVI FSC
British Virgin Islands Financial Services Commission
1 verified broker relationship →
60/100Moderate oversight
FSC Mauritius
Financial Services Commission Mauritius
59 verified broker relationships →
58/100Moderate oversight
FSC Mauritius
Financial Services Commission Mauritius
1 verified broker relationship →
58/100Moderate oversight
FSC Mauritius
Financial Services Commission Mauritius
43 verified broker relationships →
58/100Moderate oversight
FSC Mauritius
Financial Services Commission Mauritius
3 verified broker relationships →
58/100Moderate oversight
FSC Mauritius
Financial Services Commission, Mauritius
1 verified broker relationship →
58/100Moderate oversight
30–54 oversight score
Limited oversight
Regulatory frameworks that can supervise or license financial firms but generally provide lighter protections for retail forex/CFD clients.
FSA Seychelles
Financial Services Authority Seychelles
64 verified broker relationships →
49/100Limited oversight
FSA Seychelles
Financial Services Authority Seychelles
12 verified broker relationships →
49/100Limited oversight
FSA Seychelles
Seychelles Financial Services Authority
52 verified broker relationships →
49/100Limited oversight
FSC Belize
Financial Services Commission Belize
9 verified broker relationships →
48/100Limited oversight
FSC Belize
Financial Services Commission Belize
8 verified broker relationships →
48/100Limited oversight
VFSC
Vanuatu Financial Services Commission
37 verified broker relationships →
41/100Limited oversight
VFSC
Vanuatu Financial Services Commission
7 verified broker relationships →
41/100Limited oversight
Anguilla FSC
Anguilla Financial Services Commission
1 verified broker relationship →
40/100Limited oversight
BCR
Banco Central de Reserva de El Salvador
1 verified broker relationship →
40/100Limited oversight
BCU
Banco Central del Uruguay
1 verified broker relationship →
40/100Limited oversight
BSL
Bank of Sierra Leone
1 verified broker relationship →
40/100Limited oversight
BCC
Banque Centrale des Comores
2 verified broker relationships →
40/100Limited oversight
BDL
Banque du Liban
1 verified broker relationship →
40/100Limited oversight
CMA Montenegro
Capital Market Authority of Montenegro
1 verified broker relationship →
40/100Limited oversight
CMA Kuwait
Capital Markets Authority
1 verified broker relationship →
40/100Limited oversight
CMA Lebanon
Capital Markets Authority Lebanon
4 verified broker relationships →
40/100Limited oversight
CMB
Capital Markets Board of Türkiye
1 verified broker relationship →
40/100Limited oversight
CMB / SPK
Capital Markets Board of Türkiye
2 verified broker relationships →
40/100Limited oversight
CBA
Central Bank of Armenia
1 verified broker relationship →
40/100Limited oversight
CBCS
Central Bank of Curaçao and Sint Maarten
1 verified broker relationship →
40/100Limited oversight
CBAR
Central Bank of the Republic of Azerbaijan
1 verified broker relationship →
40/100Limited oversight
CNAD
Comisión Nacional de Activos Digitales
1 verified broker relationship →
40/100Limited oversight
ECB
European Central Bank - Banking Supervision
2 verified broker relationships →
40/100Limited oversight
FIU-IND
Financial Intelligence Unit - India
1 verified broker relationship →
40/100Limited oversight
FRA
Financial Regulatory Authority
1 verified broker relationship →
40/100Limited oversight
SFC Colombia
Financial Superintendence of Colombia
1 verified broker relationship →
40/100Limited oversight
FSC
Financial Supervision Commission Bulgaria
3 verified broker relationships →
40/100Limited oversight
MOCI
Ministry of Commerce and Industry of Kuwait
1 verified broker relationship →
40/100Limited oversight
NBS
National Bank of Slovakia
1 verified broker relationship →
40/100Limited oversight
NBRB
National Bank of the Republic of Belarus
1 verified broker relationship →
40/100Limited oversight
Nevis FSRC
Nevis Financial Services Regulatory Commission
1 verified broker relationship →
40/100Limited oversight
No verified regulator
No verified state broker regulator
20 verified broker relationships →
40/100Limited oversight
OFA
Offshore Finance Authority of Anjouan
1 verified broker relationship →
40/100Limited oversight
PCMA
Palestine Capital Market Authority
1 verified broker relationship →
40/100Limited oversight
Regional regulator
Regional financial regulator
2 verified broker relationships →
40/100Limited oversight
Warning context
Regulatory warning context
4 verified broker relationships →
40/100Limited oversight
SEBI
Securities and Exchange Board of India
82 verified broker relationships →
40/100Limited oversight
SEBI
Securities and Exchange Board of India
3 verified broker relationships →
40/100Limited oversight
SEC Nigeria
Securities and Exchange Commission Nigeria
1 verified broker relationship →
40/100Limited oversight
SERC
Securities and Exchange Regulator of Cambodia
3 verified broker relationships →
40/100Limited oversight
ATVP
Securities Market Agency of Slovenia
1 verified broker relationship →
40/100Limited oversight
TFG
Tianjin Financial Government
1 verified broker relationship →
40/100Limited oversight
Anjouan
Union of Comoros — Anjouan offshore authorisation
1 verified broker relationship →
40/100Limited oversight
FSC
Financial Supervisory Commission of the Cook Islands
1 verified broker relationship →
37/100Limited oversight
0–29 oversight score
Minimal / registration-only FX oversight
Corporate, AML or private-registration relationships, or authorities that do not provide a substantive retail forex/CFD licensing and investor-protection framework.
AUSTRAC
Australian Transaction Reports and Analysis Centre
1 verified broker relationship →
24/100Minimal / registration-only FX oversight
FINTRAC
Financial Transactions and Reports Analysis Centre of Canada
1 verified broker relationship →
22/100Minimal / registration-only FX oversight
FinaCom
The Financial Commission
3 verified broker relationships →
18/100Minimal / registration-only FX oversight
FinaCom
The Financial Commission
3 verified broker relationships →
18/100Minimal / registration-only FX oversight
ROCIP
Registry of Companies and Intellectual Property
1 verified broker relationship →
12/100Minimal / registration-only FX oversight
SVG FSA
Financial Services Authority of St. Vincent and the Grenadines
1 verified broker relationship →
10/100Minimal / registration-only FX oversight
Saint Lucia IBC Registry
Registrar of Companies (International Business Companies), Saint Lucia
3 verified broker relationships →
10/100Minimal / registration-only FX oversight
SVG FSA
St. Vincent and the Grenadines Financial Services Authority
23 verified broker relationships →
10/100Minimal / registration-only FX oversight
AOFA
Anjouan Offshore Finance Authority
1 verified broker relationship →
8/100Minimal / registration-only FX oversight
AOFA
Anjouan Offshore Finance Authority
2 verified broker relationships →
8/100Minimal / registration-only FX oversight
OFA/AOFA
Anjouan Offshore Finance Authority
1 verified broker relationship →
8/100Minimal / registration-only FX oversight
MISA
Mwali International Services Authority
8 verified broker relationships →
8/100Minimal / registration-only FX oversight
MISA
Mwali International Services Authority
6 verified broker relationships →
8/100Minimal / registration-only FX oversight
MISA
Mwali International Services Authority (disputed)
2 verified broker relationships →
8/100Minimal / registration-only FX oversight