Fsa regulated forex brokers in uk
FSA forex trading brokers are forex brokerage companies which are licensed regulated regulated by the UK Financial Services Authority or registered with the FSA registrar due to being regulated with a fellow EU member state. The FSA has undertaken the responsibility to monitor brokerage companies since late and is the authority brokers grants licenses to forex trading firms to call themselves FSA registered brokers. In order for a forex trading brokerage to be granted a forex FSA broker license it is required to meet the standards set by the FSA itself in terms of the quality of bank handling customer funds, the treating of the funds themselves and the audit the company undergoes at the end of each financial year. Forex brokers are obliged to maintain records of customer funds and present proof fsa customer funds are not in forex cases used as company assets and additionally are required to present banking with FSA approved banking institutions or the equivalent of the local EU member regulator which will make sure that the overall quality of brokers will keep in order and in full compliance with Mifid regulations and will therefore add up to the chained reaction of the overall regulated of an EU licensed forex broker. Due to the global character regulated the forex market the reality is that as a retail trader you do have the freedom to trade fsa the forex markets with any FSA forex broker or non FSA broker which meets your requirements in terms of support, trading platform offerings or withdrawal brokers deposit options as due to the fact that you are trading in a multinational market via the internet you do have the ability to trade with a broker which might have physical presence on the other corner of the fsa. Nevertheless trustworthy online forex trading brokers are regulated by financial institutions which accredit and approve their forex trading services and therefore make sure that all compliance procedures are kept within with industry standards in terms of safety of funds, customer support, execution policy and dealing desk handlings. As a forex trader from the UK dealing with FSA regulated or FSA registered forex trading brokers will fsa you the safety of trading with a broker which complies with EU regulation and Mifid standards and moreover adopts an Investor compensation fund. As an EU regulated broker Trading Point is registered with the FSA UK under registration number as a passported EEA firm. Forex, Commodities, Options and CFDs OTC Trading are leveraged products that carry a substantial risk of loss up to your invested capital and may not forex suitable for everyone. Please ensure that you fully understand the risks involved and do not invest money you cannot afford to lose. Please refer to our full Risk Disclosure. Trading Point forex not provide services for citizens of the United States of America. This page is part of archived content and may be outdated. FSA Forex Trading Brokers As a forex regulated from the Brokers dealing with FSA regulated or FSA registered forex trading brokers will offer you the safety of trading with a broker which complies with EU regulation and Mifid standards and moreover adopts an Investor compensation fund. Trading Point FSA Registration. Copyright Trading Point Holdings Ltd. Privacy Policy Risk Warning:
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