Bodies which regulate your investment in the Forex Market
Investing in the Forex Market Regulated exist, many believe that after what happened with HYIPs and several investment firms all about the forex is a scam and is not so.
There are regulatory bodies that regulate the forex brokers, but your investment is regulated logically you must make sure your broker is regulated.
Some of the agencies that regulate the forex currency market in different countries are:
Australia: Australian Securities and Investment Commission
Canada: British Columbia Securities Commission Ontario Securities Commission
Denmark: Danish
Germany: Bundeszentrale für Finanzdienstleistungsaufsicht
Hong Kong SAR: Securities and Futures Commission
Japan: Financial Services Agency
Spain: Commission Nacional del Mercado de Valores
Sweden: Swedish Financial Supervisory Authority (Finansinspektionen)
Switzerland: Groupement Suisse des Conseils Independants in Management PolyReg Autoregulation d'organisme par le GSCGI fund Association Romande des financiers intermediaries Swiss Federal Department of Finance Commission federale des banques Swiss Federal Banking Commission
United Kingdom: Financial Services Authority
United States: Securities and Exchanges Commission Commodities and Futures Trading Commission National Futures Association
If your deposit is in a regulated broker and can operate in either forex forex robots , forex managed accounts forex trading or by yourself, provided that the broker does not leave the money your investment will be regulated.
Although the forex market risk will always exist, but at least your investment will be free of fraud.
There are also brokers that are not regulated and are installed in tax havens, that does not mean they are dishonest or scam, but if you mean having a little less of guarantees for your money in case any problems arise.
There are brokers that are not regulated and have good service, some struggle to stand out more and more and get a regulation by any of the regulators, I clarify that I have nothing against these brokers, but if I refer to investigate the regulation internet your broker to so at least you are informed and being informed is your desicion.
What I do not like regulated brokers is that when you experience any problems with that broker is unprotected, however regulated brokers involved with the regulatory body.
I leave to the individual who, I personally deposited into a broker if that is not regulated but only a moderate amount.
Tags: Forex, Forex Currency, forex market
