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List of Broker with BANK OF RUSSIA Regulation

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Over the last decades, the forex market in the US has emerged as one of the most regulated markets anywhere in the world. Rules that were introduced and backed up by Federal laws have made it quite challenging for forex companies to operate in the US. Presently, only three brokers still operate in the US forex market: Oanda, GAIN Capital LLC, and TD Ameritrade.

Below you will find a list of Forex Brokers accepting US traders as clients.


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Score Broker Regulation Payment Min Deposit Max Leverage

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.

Additional FAQ

African countries are forex-friendly, but naturally, there are minor restrictions from the government. Forex brokers must hold a license before running their business in any of these countries. The status of forex trading in these countries is still unclear; it is not yet legalized but not against the law.

The South African Financial Sector Conduct Authority (FSCA), previously known as Financial Services Board (FSB), is one of the most well-known forex regulatory bodies.

Continue Reading at Is Forex Trading Legal in Africa?

The foreign exchange transaction activity in the offline market is supported by law. Some of these include the Central Bank of Nigeria Act of 1958, the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act of 1995, the Exchange Control Act of 1962, the Banks and Other Financial Institutions Act of 2007, and the Investments and Securities Act of 2007.

Continue Reading at Is It Safe to Trade Forex in Nigeria?

Here are the steps on how to check if a forex broker is regulated:

  • Check the broker's website.

  • Visit the regulatory agency's website.

  • Contact the regulatory agency.

Continue Reading at How to Avoid Forex Broker Scams

Official regulators in the UAE are as follows:

  • The Dubai Financial Services Authority (DFSA)
  • The Abu Dhabi Global Market (ADGM)
  • The Securities Commission Authority (SCA)
  • Central Bank of the United Arab Emirates (CBUAE)

It is important to understand that the UAE is divided into two financial areas, namely the Mainland and Free Zones. Brokers who operate in the Mainland are regulated by the SCA or CBUAE. Meanwhile, DFSA and ADGM regulate brokers in the Free Zones, which are designated to encourage foreign investments and allow foreign-owned companies to be located.

Continue Reading at Best Forex Brokers in United Arab Emirates (UAE)


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