| Updated: September 16, 2025The world of forex trading can be overwhelming, especially for newcomers. With numerous brokers available, it is essential to find a trusted and regulated partner to ensure a safe and successful trading experience. In this article, we explore why regulation matters in the forex industry and provide a simple way to find a reliable broker that accepts residents of your country.
The importance of regulation
Regulation is the backbone of the forex industry, providing a safeguard against scams and ensuring that brokers operate fairly and transparently. With many international regulatory groups overseeing the market, it is crucial to understand the different bodies and their roles.
Some of the most well-known regulatory bodies include
- The Financial Conduct Authority (FCA) in the United Kingdom (UK)
- The National Futures Association (NFA) in the United States
- The Investment Industry Regulatory Organization of Canada (IIROC) in Canada
- The Australian Securities & Investments Commission (ASIC) in Australia
- The Securities Commission of Malaysia (SCM) in Malaysia
- The Monetary Authority of Singapore (MAS) in Singapore
- These regulatory bodies, among others, work tirelessly to protect traders and maintain the integrity of the forex market.
Finding a trusted broker
With so many brokers available, finding a trusted and regulated partner can be challenging. That is why we have created a dataset of forex brokers for each country.