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The most important forex market regulators cover the jurisdictions where most of the world’s forex brokerage businesses are located. In reality, it is not possible to have forex brokers in every country. The forex market is decentralized and therefore you will see some traders in countries not served by forex brokers, opening accounts with offshore brokerages willing to do business with them. These traders, located in areas that are geographically separated from the brokers they deal with, therefore rely on forex regulation of these brokers to keep them safe.
These regulators are as follows:
From this list, you can see that some of the forex regulators we have today are made up of independent government-formed agencies, and in some cases, the responsibility of regulation is taken up by the central bank of the host country.
Reprinted from Forexbonuses, the copyright all reserved by the original author.