Forex Brokers Regulation - Part Three


The difference Between NFA (National Future Association) And FSA (Financial Services Authority)

NFA [National Future Association]:
To Be Able To Register in NFA you must have the following:

1. Your Brokerage Firm Based in United State

2. Working in Futures

These two rules are basically must be there to be able to regulate with NFA

FSA [Financial Services Authority]:
To be able to register with The FSA your brokerage firm must be exist & based in United Kingdom

Question: I have a brokerage Firm in United Kingdom. Can I register with NFA?
Answer: No You Can't. But If you have branches in USA you can do it

Question: I have a brokerage Firm in USA. Can I register with FSA?
Answer: No You Can't

No comments: