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Forex Brokers by Regulator: Compare Licensed Brokers

What is forex brokers regulation?

Everyone wants to trade with a regulated forex broker because it ensures the client's funds safety. So, what are broker's regulations? Forex brokers regulation is invented to protect client's funds and liquid service providing guarantee by a broker.

There are a lot of regulatory authorities available, which is providing codes to brokers. When a broker gets a regulatory organization's license, the broker will have to follow their rules. In this article, you will learn about the regulations and a proper regulated brokers list which will help you select your broker.

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Forex Brokers by Regulator

Forex Brokers by Regulator
BrokerTrading PlatformBroker TypeMin. DepositPromotionUser ReviewsOfficial Site
No brokers found on this list right now. Browse all forex broker reviews.

Why Regulation Is the First Check

A regulator sets rules for client-fund segregation, capital requirements, leverage limits and complaint handling. Top-tier regulators include the UK FCA, Australia's ASIC and Cyprus's CySEC.

Always look up the licence number on the regulator's register and make sure your account is opened with that licensed entity, not an offshore sister company.

How We Review Forex Brokers

Every broker on FXNewBonus is checked against the same list, so you can compare brokers on equal terms. We open demo and live accounts, test deposits and withdrawals, read the bonus terms line by line and collect ratings from real traders.

Regulation and safety

Licence, segregated client funds, negative balance protection and company history.

Trading costs

Average EUR/USD spread, commission per lot, swap rates and inactivity fees.

Trading platforms

MetaTrader 4, MetaTrader 5, cTrader, web trader and mobile apps, plus execution speed.

Bonus and promotions

No deposit bonus, deposit bonus, rebates and the real trading volume needed to withdraw.

Deposit and withdrawal

Minimum deposit, payment methods, processing time and withdrawal fees.

Support and user reviews

Live chat response time, support languages and verified ratings from our readers.

Forex Broker Types Explained

The broker type tells you how your orders are executed and how the broker earns money.

Broker typeHow it worksBest for
ECN/STPOrders go straight to banks and liquidity providers. Raw spreads plus a small commission.Scalpers, EA and high-volume traders
ECN/STDOffers both ECN accounts and standard accounts with commission-free, slightly wider spreads.Beginners who may upgrade later
Market MakerThe broker quotes its own prices and takes the other side of your trade. Often fixed spreads.Small accounts that want predictable costs
CFDsContracts for difference on forex, indices, metals, crypto and shares from one account.Multi-asset traders

How to Open an Account With a Forex Broker

  1. Compare brokers in the table above and shortlist two or three that match your platform and budget.
  2. Read the full review using "View Profile" to check regulation, fees and bonus rules.
  3. Open a demo account to test execution, spreads and the mobile app.
  4. Verify your identity with a passport or ID and a proof of address.
  5. Fund your account or claim a no deposit bonus, then start with a small position size.

Brokers by Regulator: Frequently Asked Questions

Which forex regulators are the strictest?

The UK FCA, Australia's ASIC, the US CFTC/NFA and Cyprus's CySEC are among the strictest regulators.

How do I verify a broker licence?

Search the licence number or company name on the regulator's official website.

Does regulation protect my money?

Many regulators require segregated client funds, and some offer compensation schemes if a broker fails.

What are regulatory organizations?

There are a lot of scam brokers available in the forex world. Regulatory organizations were established to protect retail forex trader's funds and provide legality. A regulatory organization ensures small investor's capital safety from illegal activity or outright fraud, which controls financial brokerages to specific requirements, restrictions, and guidelines.

A regulated broker must follow the organization's rules and regulations to operate their business in the forex market. Although there are no global organizations for controlling forex brokers, some organizations are so powerful managing brokers all over the world. If a broker makes any illegal behavior with a trader, the trader can make cases against the broker to the regulatory organization.

If the trader will win in that case, the broker could be lost their trading licenses and have to pay a fine. That's why it is very important to join with a regulated broker.

Top regulatory organizations in the world

There are no global regulatory firms available for forex brokers, but a few financial authorities are very strict about scams. We called them A category authority because a broker can't escape from them while they make any illegal mistakes.

The United States of America is the most powerful country in the world. All of the giant companies provide service very carefully. Even Google and Facebook, Amazon also maintaining the regulation of their countries.

So, if a USA regulatory firm regulates a broker, the broker must follow their rules and restrictions. Also, E.U. regulatory organizations very effective in that case. EU-regulated brokers are operating very carefully to avoid the case against them. It's also not easy to get a license from these regulatory authority licenses.

A broker must complete all of the requirements to obtain a permit. Here are the top 10 regulatory organizations all over the world.

The United States of America Regulatory Organizations

We have already said that how powerful the USA authority. In the USA Commodities and Futures Trading Commission (CFTC), National Futures Association (NFA), Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA), U.S. Securities and Exchanges Commission (U.S. SEC), Chicago Board of Trade (CBOT) this authority is the powerful and following all USA laws for financial companies.

The United Kingdom Regulatory Organizations

Once upon a time, British colonies were controlling the maximum areas of the world. The United Kingdom is very respectful to its laws, and The Financial Conduct Authority (FCA), U.K. Financial Services Authority (FSA UK), The Prudential Regulation Authority (PRA), following all of the U.K. financial rules and providing licenses to financial firms to operate their business in the U.K. A broker can't escape from these authorities by making any illegal activities.

Switzerland Regulatory Organizations

Switzerland is one of the most popular countries for its swiss bank banking criteria. A lot of financial firms and billionaires are funding their money in Swiss banks. Switzerland-based monetary authorities are also stringent and providing authority licenses to brokers. Swiss National Bank (SNB), Swiss Bankers Association (SBA), Swiss Federal Banking Commission (SFBC), Association Romande des Intermediaries Financiers (ARIF), Swiss Federal Finance Administration (SFFA), these authorities are best in Switzerland.

Cyprus Regulatory Organizations

Seychelles Financial Services Authority (FSA Seychelles), Cyprus Securities and Exchange Commission (CySEC), Seychelles Licensing Authority (SLA) these authorities are also suitable in the financial world. People call them B category exchange commissions. You can also choose a broker if these authorities regulate them.

Here we have made a complete list of brokers by the regulatory organization. You can check any broker's regulatory information by using this tool. We hope it will help you more to find the best broker.