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Top 10 Regulated Forex Brokers 

 December 8, 2021

By  Freddie North

This post is also available in: Indonesia Português

Regulation is very important when choosing a broker. Before you start trading, you should know if your trades are protected from fraud by your broker. It is the presence of regulation that gives you some protection. We present to your attention a list of the most popular regulated brokers.

Who is a regulated FX Broker?

The Forex broker with regulation is the institution that connects you to the online currency exchange. They work with liquidity providers like large banks that are considered FX dealers. Each country or group of countries has its own regulatory structures. The broker receives a license for official work in the country. A list of countries and their regulatory structures can be found here

Top 10 Regulated Forex Brokers:

The following is a list of officially regulated forex brokers (regulated forex brokers).

Forex.com

FOREX.com is publicly traded, does not operate a bank, and is authorized by four level-1 (high trust) regulators, one level-2 regulator (average trust), and one level-3 (low trust) regulator. The City Index is authorized by the following tier-1 regulators: Canada Investment Industry Regulatory Organization (IIROC), Japan Financial Services Authority (JFSA), Financial Conduct Authority (FCA), and Commodity Futures Trading Commission (CFTC).

forex com logo

CFD Service. Your capital is at risk

may differ depending on the country of the trader
  • Bonus: Up-to $1000
  • Pairs: 90+
  • *Payout: 92.76%
  • Regulation: FCA

FXTM

Forex Time was launched in 2011 with its head office in Cyprus (Limassol) also authorized by the Financial Conduct Authority and other regulators, has been named one of the fastest growing and best forex brokers in the world. As in a relatively short period of time the company has shown great and fast growth in Europe and beyond through its focus on Africa and Asia.

FXTM logo

CFD Service. Your capital is at risk

may differ depending on the country of the trader
  • Bonus: Up-to $1391
  • Pairs: 80+
  • Min. Trade: $1
  • *Payout: up to 92.76%
  • Regulation: CySEC, FCA, IFSC

AvaTrade

AvaTrade is one of the leading brokers served globally with more than 200,000 trusted clients worldwide. Ava is also a multinational company, headquartered in Dublin, Ireland but operating regional offices in various countries.

CFD Service. Your capital is at risk

may differ depending on the country of the trader
  • Bonus: Up-to 100%
  • Pairs: 60+
  • Min. Trade: $1
  • Min. Dep.: $100
  • Regulation: MiFiD, CBI, FSA, ASIC, SFB, BVI, FSCL
  • Established, with ASIC license
  • Platform for any device and operating system
  • The AvaTrade web platform is easy to use.

Instaforex

InstaForex was founded in 2007 with its head office in Limassol, Cyprus but serves clients all over the world and today the number of traders who choose InstaForex exceeds 7 million, which is an impressive number. InstaForex’s general priority is to provide various services while at any stage traders are treated properly.

CFD Service. Your capital is at risk

may differ depending on the country of the trader
  • Bonus: Up-to $695
  • Pairs: 100+
  • Min. Trade: $1
  • *Payout: up to 89.72%
  • Regulation: BVI FSC, CySec
  • Adapted for Forex traders around the world
  • A website packed with information
  • Unique educational tools & features

BDSwiss

In general, BDSwiss provides trading of 250+ CFDs under CySEC and FSA / 1000 + CFDs under FSC, and in the markets with shares available on the German Stock Exchange as well as the American Stock Exchange. BDSwiss is regulated by CySec, FSC, FSA, BaFin and NFA.

bdswiss

CFD Service. Your capital is at risk

may differ depending on the country of the trader
  • Bonus: NOT bonuses
  • Pairs: 250+
  • Payout: 95.36%
  • Regulation: CySEC

FBS

Founded in 2009, FBS has headquarters in China, Egypt, Indonesia, Korea (Republic), Malaysia and Thailand. They are generally well suited for FBS to provide their Forex/CFD trading services to global clients.

FBS broker

CFD Service. Your capital is at risk

may differ depending on the country of the trader
  • Bonus: 100%
  • Assets: 30+
  • Min. Trade: $1
  • *Payout: up to 95.22%
  • Customer support in 17 languages
  • Offers retail Forex trading worldwide
  • Bank-level site & platform security

XM

XM is a well-established broker since 2009 and is headquartered in Hungary, Australia, Greece, Cyprus and Greece. They are generally well suited for XM to provide their Forex/CFD trading services to global clients. The broker is also regulated by ASIC 443670, BaFin 124161, CNMV (Spain) 2010157773, CONSOB (Italy) 3046, CySEC 120/10, FCA (UK) 538324, FSP (New Zealand) FSP235905 and ESMA.

xm broker

CFD Service. Your capital is at risk

may differ depending on the country of the trader
  • Bonus: Up to $1395
  • Assets : 200+
  • Min. Trade: $1
  • *Payment: up to 92.72%
  • Customer support in 24 languages
  • Perfect record with top license
  • Perfect broker for new traders

Alpari

Alpari has its headquarters in Saint Vincent and the Grenadines. In general, it is very suitable for Alpari to provide their Forex/CFD trading services to global clients. The broker is also regulated by FSA (Seychelles) SD026, FSA (St. Vincent & Grenadines) 20389 IBC 2012, and The Financial Commission 01.09.2013.

Alpari Broker review
CFD Service. Your capital is at risk
may differ depending on the country of the trader
  • Pairs: 60+
  • Min. Trade: $1
  • 250+ instruments
  • *Payment: up to 95%
  • Adapted for Forex traders around the world
  • Mobile APP for trading
  • Copy Trade

eToro

eToro is a well-known broker among Forex traders thanks to numerous successful advertising campaigns, founded in 2007. eToro is open to investors looking to acquire various shares of the world’s leading companies, as well as cryptocurrencies and other assets.

eToro
CFD Service. Your capital is at risk
may differ depending on the country of the trader
  • Bonus: NOT bonuses
  • Pairs: 250+
  • Demo account: Available
  • Regulation: FCA, CySEC, and ASIC
  • Mobile app: Available
  • Copy Trade: Yes.

* Amount to be credited only for a successful outcome.

List of the most popular regulators among brokers

You can see the full list of broker licenses under the registration button, and we will list the most popular licenses that Forex brokers choose.

FCA

The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms & Forex brokers providing services to consumers and maintains the integrity of the financial markets in the United Kingdom.

An independent non-governmental body, the financial conduct authority, is responsible for regulating the UK financial services industry.The financial conduct authority (FCA) was created in 2013 under the financial services act (2012) and replaced the financial services authority (FSA). The FCA was introduced with a new regulatory framework and a mandate to support both the stability of the UK’s financial markets and the safe conduct of its financial services firms. The FCA’s regulatory body includes the Bank of England’s prudential regulation authority (another successor to the FSA) and the financial policy Committee. The FCA is responsible for running around 58,000 businesses, employing 2.2 million people, and contributing around £ 65.6 billion in annual tax revenue to the UK economy.

CySEC

The Cyprus Securities and exchange Commission, better known as CySEC, is the financial regulatory authority of Cyprus. As an EU member state, Cysec’s financial regulations and operations comply with the European financial harmonization act MiFID.A significant number of foreign retail Forex brokers and binary options brokers have been registered with CySEC. This license allows brokers to work with clients from the European Union. All Forex brokers licensed by CySEC are required to comply with the list of Rules and guidelines set by the authorities. They must work transparently and fairly, following the regulatory framework of Cyprus and the EU. Of course, the guidelines are constantly updated to ensure that they can adequately protect investors.To provide brokerage services in the Forex market, companies need to obtain a license from a Cyprus investment firm. To be approved, they must have and maintain at least 750,000 euros of operating capital. This is a relatively new requirement, and its goal is to provide brokers with sufficient capital to hold their client’s positions without the risk associated with market volatility.

ASIC

The Australian Securities and investments commission (ASIC) is an independent Commission of the Australian government that serves as the national corporate regulator. ASIC’s role is to regulate companies and financial services and enforce laws to protect Australian consumers, investors, and lenders, including the regulation of Forex brokers. ASIC was created on July 1, 1998, following the recommendations of the Wallace investigation. The powers and scope of ASIC’s are defined by the Australian Securities and investments commission act 2001. As you can understand, brokers who are licensed by this regulatory authority have the opportunity to work with clients from Australia.

FOREX brokers regulated by ASIC are known for strict compliance with procedures and high reliability, as regulation protects and ensures reliable security of funds along with a guarantee from Australian banks.In addition, ASIC is known for its friendly attitude to consumers, offering a wide range of free online resources with information about financial markets and recommendations for consumers about investing, its pros and cons, and much more. As a result, there is a growing number of companies opening their offices in accordance with ASIC rules, as well as a growing popularity among traders of investments in firms regulated by Australia.

IFSC regulation

Unfortunately, Belize has developed a reputation for being a bit soft on regulating financial service providers. A number of more well-known regulators, such as the FCA in the UK and the CFTC in the US, impose much stricter requirements on financial service providers. The European markets in financial instruments Directive (MiFID) has also been criticized by experts who claim that it does not provide sufficient protection for investors. Despite this you may have noticed that most brokers have multiple licenses which increases the chances of choosing a more reliable broker.

This post is also available in: Indonesia Português

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