Forex Regulatory Bodies
Forex market is a high profitable market as well as potential risk. Due to its growth fast, scams in forex market are becoming more common. That's why forex regulatory bodies play a massive in protecting traders. In order to protect your investment, be sure to open your account at regulated forex brokers. Below is the list of common regulatory bodies:
Australia
Australian Securities and Investment Commission (ASIC)
British Virgin Islands
BVI Financial Services Commission (FSC of BVI)
Bulgaria
Financial Supervision Commission of Bulgaria (FSC Bulgaria)
Cyprus
Cyprus Securities and Exchange Commission (CySEC)
Japan
Financial Services Agency of Japan (FSA Japan)
Malta
Malta Financial Services Authority (FSA in Malta)
Russia
Federal Financial Market Service (FFMS)
United Kingdom
UK Financial Services Authority (FSA UK)
Financial Services Compensation Scheme (FSCS)
United States
Commodities and Futures Trading Commission (CFTC)
National Futures Association (NFA)
Disclaimer
Foreign Exchange trading carries a high level of risk, and may not be suitable for all investors. Before deciding to trade any Forex Exchange financial instruments you should carefully consider your investment objectives, level of experience, and affordable risk. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with the Foreign Exchange trading, and seek advice from an independent financial advisor if you have any doubts.