Regulations & Regulators
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At Broker Select, our expert team combines years of real-world trading experience with in-depth regulatory expertise to help you confidently navigate the complex world of forex. From understanding broker credibility to evaluating trading platforms, we do the heavy lifting so you can focus on making informed decisions and trading with peace of mind, knowing you're backed by professionals who truly understand the industry inside and out.
Why We Need Regulations?
Because confident traders make smarter, safer decisions — benefiting themselves and the entire market.
Empowering traders with clear regulations and access to transparent information helps them navigate financial markets with confidence. It reduces uncertainty, builds trust, and supports long-term success for individuals and the industry as a whole.
Ensuring Safety:
Regulated brokers follow strict guidelines to protect your funds and personal information.
Promoting Fairness :
Regulations prevent fraudulent activities and ensure fair trading practices.
Building Trust :
Transparency in regulations helps traders make informed decisions and build trust in the industry.
Empowering Traders :
Clear and consistent regulations give traders the confidence to navigate markets with greater knowledge and reduced risk.
We are committed to empowering traders with clear, reliable insights into global forex regulations — so you can trade confidently and choose brokers that prioritize transparency, security, and compliance.
Check Your Broker’s License
Unsure if your broker is regulated? Verify their status with our up-to-date regulatory database.
South Africa Financial Sector Conduct Authority (FSCA)
Overview of Regulator
Formed: April 1, 2018
Preceding Agency: Financial Services Board (FSB)
Jurisdiction: South Africa
Headquarters: Pretoria, South Africa
Website: www.fsca.co.za
What is the purpose of FSCA?
The FSCA supervises financial institutions in South Africa to ensure fair treatment of customers, market integrity, and the protection of client funds. It enforces rules that prevent fraud and promote responsible financial conduct.
United Kingdom – FCA (Financial Conduct Authority)
Overview of Regulator
Formed: April 1, 2018
Preceding Agency: Financial Services Board (FSB)
Jurisdiction: South Africa
Headquarters: Pretoria, South Africa
Website: www.fsca.co.za
What is the purpose of FSCA?
The FCA regulates financial firms to protect consumers, ensure market integrity, and promote competition. It requires brokers to be transparent, meet capital requirements, and follow strict financial conduct standards.
Australia – ASIC (Australian Securities and Investments Commission)
Overview of Regulator
Formed: July 1, 1998
Preceding Agency: Australian Securities Commission (ASC)
Jurisdiction: Australia
Headquarters: Sydney, Australia
Website: www.asic.gov.au
What is the purpose of ASIC?
ASIC enforces laws to ensure financial markets in Australia are fair and transparent. It supervises brokers and investment firms, safeguards investor rights, and promotes the integrity of financial services.
Cyprus – CySEC (Cyprus Securities and Exchange Commission)
Overview of Regulator
Formed: 2001
Preceding Agency: None(FSB)
Jurisdiction: Cyprus
Headquarters: Nicosia, Cyprus
Website: www.cysec.gov.cy
What is the purpose of CySEC?
CySEC regulates investment firms in Cyprus, including many popular forex brokers. It enforces EU-wide laws under MiFID II, offering investor protections, transparency, and operational standards across European markets.
MAS (Monetary Authority of Singapore)
Overview of Regulator
Formed: 1971
Preceding Agency: None
Jurisdiction: Singaporea
Headquarters: Singapore
Website: www.mas.gov.sg
What is the purpose of MAS?
MAS acts as Singapore’s central bank and financial regulator. It ensures the safety and soundness of financial institutions, implements monetary policy, and protects investors through strict compliance rules.
United States – CFTC (Commodity Futures Trading Commission)
Overview of Regulator
Formed: April 15, 1975
Preceding Agency: None
Jurisdiction: United States
Headquarters: Washington, D.C., USA
Website: www.cftc.gov
What is the purpose of CFTC?
The CFTC monitors and regulates U.S. derivatives markets, including futures and forex. It protects market participants from fraud and manipulation while ensuring transparent, efficient, and competitive trading environments.
United States – NFA (National Futures Association)
Overview of Regulator
Formed: April 1, 2018
Preceding Agency: Financial Services Board (FSB)
Jurisdiction: South Africa
Headquarters: Pretoria, South Africa
Website: www.fsca.co.za
What is the purpose of NFA?
The NFA is a self-regulatory body that works with the CFTC to oversee brokers and traders in the U.S. futures and forex markets. It licenses firms, audits compliance, and protects customers from abusive practices.
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Japan – FSA (Financial Services Agency)
Overview of Regulator
Formed: 2000
Preceding Agency: Financial Supervisory Agency
Jurisdiction: Japan
Headquarters: Tokyo, Japan
Website: www.fsa.go.jp
What is the purpose of FSA?
Japan’s FSA regulates all aspects of the financial system, including banks, insurers, and forex brokers. It promotes market stability, supervises financial operations, and protects investors by enforcing strong legal standards.
Switzerland – FINMA (Swiss Financial Market Supervisory Authority)
Overview of Regulator
Formed: 2009
Preceding Agencies: Swiss Federal Banking Commission, Federal Office of Private Insurance, Anti-Money Laundering Control Authority
Jurisdiction: Switzerland
Headquarters: Bern, Switzerland
Website: www.finma.ch
What is the purpose of FINMA?
FINMA regulates Switzerland’s financial industry, ensuring that firms operate ethically and transparently. It provides oversight for brokers, banks, and insurance companies, safeguarding investors and preventing abuse.
Germany – BaFin (Federal Financial Supervisory Authority)
Overview Of Regulation
Formed: 2002
Preceding Agencies: Federal Banking Supervisory Office, Federal Insurance Supervisory Office
Jurisdiction: Germany
Headquarters: Bonn and Frankfurt, Germany
Website: www.bafin.de
What is the purpose of BaFin?
BaFin oversees the financial system in Germany, regulating brokers, banks, and insurance firms. It enforces both EU and German laws, ensuring stability, consumer protection, and compliance with fair trading practices.
Canada – IIROC(Investment Industry Regulatory Organization of Canada)
Overview of Regulator
Formed: 2008
Preceding Agencies: Investment Dealers Association of Canada (IDA) and Market Regulation Services Inc.
Jurisdiction: Canada
Headquarters: Toronto, Canada
Website: www.iiroc.ca
What is the purpose of IIROC?
IIROC oversees all investment dealers and trading activity on Canada’s debt and equity markets. It enforces rules that protect investors, maintain fair trading, and ensure financial integrity across Canadian brokerages.
New Zealand – FMA (Financial Markets Authority)
Overview of Regulator
Formed: May 1, 2011
Preceding Agency: Securities Commission of New Zealandy
Jurisdiction: New Zealand
Headquarters: Wellington, New Zealand
Website: www.fma.govt.nz
What is the purpose of FMA?
The FMA regulates financial markets in New Zealand, including brokers and investment firms. It ensures businesses operate fairly, protects investors, and encourages the growth of confident, informed participation in the market.
United Arab Emirates – DFSA (Dubai Financial Services Authority)
Overview of Regulator
Formed: 2004
Preceding Agency: None
Jurisdiction: Dubai International Financial Centre (DIFC)
Headquarters: Dubai, UAE
Website: www.dfsa.ae
What is the purpose of DFSA?
DFSA is the independent regulator for financial services in Dubai’s DIFC. It enforces laws on forex brokers, financial firms, and exchanges, ensuring transparency, accountability, and protection for investors in the region.
Hong Kong – SFC (Securities and Futures Commission)
Overview of Regulator
Formed: 1989
Preceding Agency: Office of the Commissioner for Securities & Commodities Trading
Jurisdiction: Hong Kong
Headquarters: Hong Kong
Website: www.sfc.hk
What is the purpose of SFC?
The SFC supervises brokers, fund managers, and financial intermediaries in Hong Kong. It works to maintain market fairness, reduce risks, and enforce transparency to protect both retail and institutional investors.
