Regulators
Regulators
27 regulators, grouped by tier.
T1Tier 1
Strict capital rules, segregated client money and usually a compensation scheme.| Regulator | Country | Licensed brokers | Warnings |
|---|---|---|---|
| ASIC Australian Securities and Investments Commission |
Australia | 15 | 4 |
| FCA Financial Conduct Authority |
United Kingdom | 13 | 24 |
| MAS Monetary Authority of Singapore |
Singapore | 6 | 0 |
| BaFin Federal Financial Supervisory Authority |
Germany | 3 | 0 |
| FSA (JP) Financial Services Agency |
Japan | 3 | 0 |
| CIRO Canadian Investment Regulatory Organization |
Canada | 2 | 0 |
| CBI Central Bank of Ireland |
Ireland | 1 | 1 |
| Finanstilsynet Danish Financial Supervisory Authority |
Denmark | 1 | 0 |
| FINMA Swiss Financial Market Supervisory Authority |
Switzerland | 1 | 0 |
| NFA National Futures Association |
United States | 1 | 0 |
| SFC Securities and Futures Commission |
Hong Kong | 1 | 0 |
| CNMV Comisión Nacional del Mercado de Valores |
Spain | 0 | 1 |
T2Tier 2
Licensing and supervision in place, with lighter protection or enforcement.| Regulator | Country | Licensed brokers | Warnings |
|---|---|---|---|
| CySEC Cyprus Securities and Exchange Commission |
Cyprus | 11 | 0 |
| FSCA Financial Sector Conduct Authority |
South Africa | 9 | 0 |
| DFSA Dubai Financial Services Authority |
United Arab Emirates | 7 | 0 |
| FSRA Financial Services Regulatory Authority (ADGM) |
United Arab Emirates | 2 | 0 |
| CMA (KE) Capital Markets Authority |
Kenya | 1 | 0 |
| FMA Financial Markets Authority |
New Zealand | 1 | 0 |
| SCA Securities and Commodities Authority |
United Arab Emirates | 1 | 0 |
T3Tier 3 / offshore
Light-touch licensing. Little protection if the broker fails.| Regulator | Country | Licensed brokers | Warnings |
|---|---|---|---|
| FSA (SC) Financial Services Authority |
Seychelles | 10 | 0 |
| FSC (MU) Financial Services Commission |
Mauritius | 6 | 0 |
| FSC (BVI) Financial Services Commission |
British Virgin Islands | 2 | 0 |
| SCB Securities Commission of The Bahamas |
Bahamas | 2 | 0 |
| VFSC Vanuatu Financial Services Commission |
Vanuatu | 2 | 0 |
| CBCS Central Bank of Curaçao and Sint Maarten |
Curaçao | 1 | 0 |
| CIMA Cayman Islands Monetary Authority |
Cayman Islands | 1 | 0 |
| FSC (BZ) Financial Services Commission |
Belize | 1 | 0 |