List of Broker with FKTK Regulation

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

According to the PRA rulebook, there are 3 areas of the PRA regulations. Firms must comply with the regulations depending on which classification they fall into.

• Banking and Investment Rules: for CRR firms (banks, building societies, or investment firms subject to the EU Capital Requirements Regulation) and non-CRR firms (credit unions, building societies, or PRA-designated investment firms not subject to the EU CRR).
• Insurance Rules: for SII firms (insurance firms subject to the Solvency II Directive) and non-SII firms.
• Other rules: for non-authorized persons (persons or firms not authorized by the PRA).

Continue Reading at What are the Top UK Financial Regulators?

The first official effort to regulate the industry began in 2004 through the establishment of Federal Financial Markets Service (FFMS/FSFR). After the agency's disbandment in 2013, the Central Bank of Russia took over supervising Russian forex brokers.

In 2015, the Central Bank of Russia launched far stricter law enforcement. Forex brokers were given a January 2016 deadline to obtain licenses from CBR, or abstain from carrying out their services in the region. Since then, CBR only granted licenses to a handful of brokers.

Continue Reading at Best Forex Brokers in Russia

The Monetary Authority of Singapore (MAS) is the regulatory authority overseeing forex trading in Singapore. Singapore's regulatory framework allows leverage up to 1:500 and covers a wide range of forex pairs and cryptocurrencies.

Continue Reading at Forex Trading in Singapore: 5 Facts You Need to Know