Regulation (FCA, CySEC, ASIC)
Brokers & RegulationOversight from bodies like the FCA, CySEC or ASIC that makes brokers segregate client funds, hold capital reserves and follow leverage and conduct rules.
Forex and CFD brokers are overseen by financial regulators in the jurisdictions where they operate — major examples include the FCA (UK), CySEC (Cyprus, covering the EU under MiFID), and ASIC (Australia). A genuine license from one of these bodies typically requires the broker to segregate client funds from company funds, hold minimum capital reserves, and follow rules on leverage limits, marketing, and complaint handling.
Always verify a broker's license number directly on the regulator's public register, since license numbers — and even regulator names — are sometimes displayed by unregulated or offshore firms without real authorization.