Overview of the main regulatory bodies in the Forex industry

Posted on 2023-04-25

There are several regulatory bodies that oversee the Forex industry worldwide. Here are some of the main ones:

Financial Conduct Authority (FCA) - United Kingdom

Commodity Futures Trading Commission (CFTC) - United States

National Futures Association (NFA) - United States

Australian Securities and Investments Commission (ASIC) - Australia

Financial Services Agency (FSA) - Japan

Securities and Exchange Commission (SEC) - United States

European Securities and Markets Authority (ESMA) - European Union

Swiss Financial Market Supervisory Authority (FINMA) - Switzerland

Monetary Authority of Singapore (MAS) - Singapore

Financial Markets Authority (FMA) - New Zealand

These regulatory bodies are responsible for monitoring and regulating the activities of Forex brokers and ensuring that they comply with industry standards and best practices. They also help protect traders from fraudulent and unethical practices in the Forex market.

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