Financial markets are considered high-risk markets and brokers have in the past been addressed for engaging in fraudulent activities and mismanagement that led to big losses for the traders. In order to overcome this issue, different countries introduced regulatory bodies to promote greater transparency, integrity, and stability for the traders in the market. We have made a list of Forex Regulatory Authorities in different countries.
Why are regulatory bodies important?
These bodies are important for forex brokers, as these bodies make sure that the trader’s investment is safe and that no manipulation is done by the broker by imposing specific standards and guidelines on the broker.
Above is the list of 66 countries and their Forex Regulatory authorities, along with their links. You can follow the link and find out more about the authority and how they work.
If you like to read about how to choose a forex broker, read our post about this topic here.
