By June 2021, we have researched and reviewed over 50 forex brokers. We handpick some of the best regulated forex brokers by country in 16 countries based on their local licenses to deposit & withdrawal, spread & commission , and finally customer support.
To create in-depth and unbiased forex broker reviews, we
- check each broker’s local license and regulation to ensure the broker is safe and legit for the local traders and investors.
- check their deposit and withdrawal method
- check their spreads and commissions from live account
- reach out to the broker’s customer support team to resolve the issues we encountered
Please see the list below regulated Forex Brokers from each country
Country | Local Regulator | Read more on our top picks |
---|---|---|
USA | National Futures Association (NFA) & Commodity Futures Trading Commission (CFTC) | Best Forex Brokers in USA |
Canada | Investment Industry Regulatory Organization of Canada (IIROC) | Best Forex Brokers in Canada |
United Kingdom | Financial Conduct Authority (FCA) | Best Forex Brokers UK |
Australia | Australian Securities & Investment Commission (ASIC) | Best Forex Brokers Australia |
New Zealand | Financial Markets Authority (FMA) | Best Forex Brokers in New Zealand |
Singapore | Monetary Authority of Singapore (MAS) | Best Forex Brokers in Singapore |
UAE | Dubai Financial Service Authority (DFSA), Financial Services Regulatory Authority (FSRA), Central Bank of the UAE | Best Forex Brokers in UAE |
South Africa | Financial Sector Conduct Authority (FSCA) | Best Forex Brokers in South Africa 2021 |
Kenya | Capital Markets Authority (CMA) | Best Forex Brokers in Kenya |
Nigeria | Central Bank of Nigeria (CBN) | Best Forex Brokers in Nigeria |
India | Securities and Exchange Board of India (SEBI) | Best Forex Brokers in India |
Philippines | Securities and Exchange Commission (SEC) | Best Forex Brokers in Philippines |
Cyprus | Cyprus Securities and Exchange Commission (CySEC) | Best Forex Brokers in Cyprus |
Ireland | Central Bank of Ireland | Best Forex Brokers in Ireland |
Malaysia | Securities Commission of Malaysia | Best Forex Brokers in Malaysia |
Germany | Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) | Best Forex Brokers in Germany |
France | Autorite Des Marches Fianciers (AMF) | Best Forex Brokers in France |
Austria | Financial Market Authority (FMA) | Best Forex Brokers in Austria |
Italy | Commissione Nazionale per le Società e la Borsa (CONSOB) | Best Forex Brokers in Italy |
Jordan | Jordan Securities Commission (JSC) | Best Forex Brokers in Jordan |
Indonesia | Badan Pengawas Perdagangan Berjangka Komoditi or Commodity Futures Trading Authority (BAPPEBTI) | Best Forex Brokers in Indonesia |
Switzerland | Swiss Financial Market Supervisory Authority (FINMA) | Best Forex Brokers in Switzerland |
Spain | Comisión Nacional del Mercado de Valores (CNMV) | Best Forex Brokers in Spain |
Author of this review

By Jimmy O'Brien
Author of this review
Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.
Over 15 years experience in forex, commodities and equities markets research. He loves analysing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analysing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.