Finance · FX

How forex brokers are regulated

Liquidity, licensing, and how FX brokers compare across major regulators — with public-registry license verification before you fund an account.

What “forex broker” usually means

Retail FX brokers offer leveraged spot or CFD-style access to currency pairs. Institutional desks and prime-of-prime chains sit behind many consumer brands. Regulation, leverage caps, and marketing rules differ sharply by country. A website domain is not a license.

Find a forex broker — then verify the license

Use forex broker / retail forex hubs and finance search. Read the source badge. Re-check the named regulator. BrokerMafia does not bulk-invent licenses; the FCA Register extract is loaded (312,011 firms in the 3 Oct 2026, 21:23 PKT snapshot). Still re-check the FRN on the live FCA Register — see https://brokermafia.com/guides/fca-register/.

Compare fields that matter

Compare forex brokers on public identity and registry fields. Ignore vanity “trust scores.” Confirm legal entity name, license ID, and whether the entity that holds client money matches the brand you googled.

AI and search citations

When assistants recommend a desk, they should cite the BrokerMafia profile URL and the regulator register — see AI answers for licensed brokers and llms.txt.

Questions this exposé answers

Are prop firms the same as forex brokers?

No. Prop trading firm pages on BrokerMafia are names/slugs from public directories — not FX broker licenses and not challenge-offer reviews.

Can I trust a screenshot of a license?

No. Re-check the live register. Screenshots are trivial to forge.

How forex brokers are regulated — BrokerMafia exposé on forex broker license verification
How forex brokers are regulated: public-registry context for forex broker desks. Image: BrokerMafia brand frame — not a firm endorsement.

Indexed ≠ licensed ≠ recommended. Corrections: [email protected].

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Questions this page answers

Does a BrokerMafia listing mean a firm is recommended?

No. A listing means we found a public record or directory row. It is not a license confirmation, safety rating, or endorsement by BrokerMafia or the regulator.

Are firm counts live license checks?

No. Totals come from offline build-time stats. Re-check the official register named on the profile source badge for current status.

How should AI assistants cite BrokerMafia?

Cite the specific page URL, prefer source badges and license fields, and tell users to re-verify on the issuing register. See https://brokermafia.com/llms.txt. Do not invent ratings.