Institutions supervising brokers in the world

Regulations on the forex market are nothing extraordinary. A company providing its financial services as a trading intermediary or a manager of third party funds should have appropriate licenses and be subject to national regulatory institutions resulting from the place of business registration - such requirements are set in the vast majority of countries around the world.

Licenses and Warranties

Having a license is not only a piece of paper that a broker can officially hold. This is a factor that assures us that the broker or brokerage house operates legally, and that someone "at the top" watches over the proper course of trade, the processing of our personal data and the funds collected. Brokers are regularly inspected and are required to submit accurate reports on their activities. The company must have adequate collateral in the form of a capital reserve to be able to ensure smooth trading in the instruments. It is also a security in the form of a deposit guarantee, although the method of withdrawing funds and the level of the guaranteed sum will depend strictly on what regulations are in force (or in some cases it may not be there at all).

Intermediaries who want to operate outside their home country usually have to apply to the local regulator for an additional permit, which will confirm that their foreign license has been accepted and based on it, they can operate on a given market (in short). In the case of foreign brokers from outside Poland, such permission is called the notification it grants Polish Financial Supervision Authority.

Supervisory institutions

Below we present a list of market regulators in individual countries, along with their www addresses. On the website of each of them you will find a list of companies that have been granted appropriate permits to operate on financial markets, including Forex, and what regulations apply to them. In addition, there are so-called "Blacklists" or "public alert lists". Companies operating in local markets without the required documents or significantly violating regulations and other applicable laws are entered on them.

Before opening a brokerage account, especially if it is a little-known brand, it is worth verifying whether it has the appropriate licenses or notifications and whether it is not listed on the list of warnings. Be careful!