Licenses
Licensing is one of the key signals of legitimacy in the brokerage industry—but it must be verified correctly. Here you can explore major regulators, understand what their oversight typically covers, and review brokers that claim to operate under these licenses. Always confirm a license directly on the regulator’s official register and make sure the company name, website domain, and authorization status match.
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Be cautious: some firms may claim regulatory authorization by referencing affiliated entities, appointed representatives, or using names similar to licensed companies. Always verify the registration or license number through the official regulator’s database and ensure the firm’s website address and contact details match the information listed on the regulator’s website.
The FSS supervises financial institutions and capital markets in South Korea to ensure market stability. It enforces strict compliance and consumer protection standards among all authorized brokerage firms and banks. Authorized entities appear in the FSS’s official records, along with their registration details and current status.
JFX supervises the commodity futures and derivatives markets in Indonesia to ensure a fair and transparent trading environment. It regulates membership firms by enforcing strict trading rules and compliance standards. Authorized brokerage firms appear in JFX’s official register, along with their membership ID and current registration status.
The LB supervises the financial markets and regulates brokerage firms within Lithuania to ensure market stability. It enforces strict European Union standards for transparency and consumer protection among all authorized institutions. Licensed firms appear in the Bank of Lithuania’s official database, along with their license numbers and current status.
LFSA supervises financial services and capital markets within the Labuan International Business and Financial Centre to ensure a transparent environment. It regulates brokerage firms and international businesses by enforcing strict compliance and risk management standards. Authorized entities appear in LFSA’s official register, along with their license numbers and current status.
The MFSA supervises all financial services and markets in Malta to ensure stability and investor protection. It enforces strict EU regulations and compliance standards for all authorized brokerage firms. Registered entities appear in the MFSA’s official Financial Services Register, along with their license status and registration details.
MISA supervises international financial services and offshore business in the autonomous island of Mohéli to ensure market transparency. It regulates brokerage firms and banking institutions by enforcing specific registration and compliance standards. Authorized entities appear in MISA’s official database, along with their license numbers and current status.
MTR supervises and records business activities in Estonia to ensure market transparency and compliance. It regulates licensed companies by providing public access to their authorized fields of operation. Authorized brokerage firms appear in the MTR’s official register, along with their registration numbers and current status.
The SCM supervises the capital markets in Malaysia to ensure market integrity and investor protection. It regulates brokerage firms and market participants by enforcing high standards of transparency and compliance. Authorized entities appear in the SCM’s official register, along with their license numbers and current registration details.
The SEC regulates the securities markets and protects investors within the Philippines to ensure market integrity. It enforces strict compliance and transparency standards among all authorized brokerage firms and financial institutions. Registered firms appear in the official SEC register, along with their company registration numbers and current filing status.
AFSA supervises the financial services and capital markets within the Astana International Financial Centre to ensure market integrity. It regulates brokerage firms and investment businesses by enforcing strict compliance and transparency standards. Authorized entities appear in AFSA’s official register, along with their license numbers and current registration details.
The FSCA is the market conduct regulator in South Africa, responsible for supervising the way financial institutions treat customers and market their services. When a broker is genuinely authorized, the FSCA register should show the provider name, license/authorization details, and current status.
Verification matters: scammers often display “FSCA regulated” badges using unrelated company names or outdated registrations. Before depositing funds, check the official FSCA register, confirm the legal entity name, and verify that the website/domain you are using is associated with the authorized company.
The FCA is one of the most recognized financial regulators globally. A legitimate FCA-authorized firm typically appears on the FCA register with a firm reference number (FRN), authorized activities, trading names (if applicable), and contact details.
Be cautious: some firms claim FCA authorization by referencing “appointed representatives” or using similar names to authorized companies. Always verify the FRN on the FCA register and confirm the firm’s website address and contact details match what you are using.
CySEC regulates investment firms based in Cyprus and is widely referenced across the EU trading industry. When a broker is properly authorized, the CySEC register should list the CIF (Cyprus Investment Firm) name, license number, and authorization status.
As with any regulator, verification is critical. Some scam operations reuse legitimate license numbers or present misleading “EU regulated” claims. Confirm the license on the CySEC website and ensure the broker’s legal entity and domain match the registered details.
ASIC (Australian Securities and Investments Commission) regulates investment firms and financial markets in Australia, ensuring investor protection and financial transparency. Authorized firms are listed on the official ASIC register, which includes their name, license number, and approval status.
However, some fraudulent entities may misuse legitimate license numbers or make misleading claims like “ASIC regulated.” Therefore, it is essential to verify a broker’s license through the official ASIC website to ensure its legitimacy.
The NFA (National Futures Association) regulates the U.S. futures and forex markets, ensuring that firms adhere to strict standards of fairness, transparency, and consumer protection. Brokers authorized by the NFA are listed in the official NFA database, which includes the firm’s name, membership status, and registration details.
However, it’s important to remain cautious as some fraudulent operations may use legitimate license numbers or falsely claim NFA membership. To verify a broker’s authenticity, always cross-check the broker’s details on the official NFA website to confirm that their registration and legal entity align with the provided information.
BaFin (Federal Financial Supervisory Authority) regulates financial markets in Germany, overseeing brokers, banks, and financial institutions to ensure compliance with German financial laws. Firms authorized by BaFin are listed in the official BaFin register, which includes the firm’s name, license number, and authorization status.
However, some fraudulent companies may misuse valid license numbers or falsely claim BaFin regulation. To ensure a broker’s legitimacy, always verify their license through the official BaFin website to confirm the authenticity of their registration and legal entity.
The FSA (Financial Services Agency) regulates financial markets in Japan, ensuring the stability of the financial system and protecting consumers. Authorized firms are listed in the official FSA register, which includes their name, license number, and authorization status.
However, some fraudulent firms may misuse legitimate license numbers or falsely claim FSA regulation. To verify the authenticity of a broker, always check their details against the official FSA register to confirm their legitimate status and legal entity.
DFSA is an independent authority that regulates financial entities operating within the Dubai International Financial Centre (DIFC). Firms authorized by the DFSA are listed in the official DFSA public register, along with the firm’s name, license status, and approved activities.
However, some fraudulent firms may misuse legitimate license numbers or falsely claim DFSA regulation. To verify the authenticity of a broker, always check their details against the official DFSA register to confirm their legitimate status and legal entity.
SFC is an independent statutory body that supervises the securities and futures markets in Hong Kong. A firm genuinely authorized by the SFC is listed in the institution’s official register, along with its CE number (Central Entity number), authorized types of activities, and current licensing status.
However, some fraudulent firms may misuse legitimate license numbers or falsely claim SFC regulation. To verify the authenticity of a broker, always check their details against the official SFC register to confirm their legitimate status and legal entity.
FINMA protects the functionality of the financial markets by supervising banks, insurance companies, and stock exchanges in Switzerland. Institutions authorized by FINMA are subject to strict Swiss financial laws and appear in the official FINMA database along with their authorization categories.
However, some fraudulent firms may misuse legitimate license numbers or falsely claim FINMA regulation. To verify the authenticity of a broker, always check their details against the official FINMA register to confirm their legitimate status and legal entity.
CMA aims to create a fair and transparent investment environment by supervising capital markets, protecting investors, and preventing market manipulation. Authorized brokerage firms are listed in the official records of the CMA, along with their authorization certificates and current status information.
However, some fraudulent firms may misuse legitimate license numbers or falsely claim CMA regulation. To verify the authenticity of a broker, always check their details against the official CMA register to confirm their legitimate status and legal entity.
CONSOB is the regulatory authority that supervises financial markets in Italy and ensures investor protection. Authorized brokerage firms providing services in Italy must be included in CONSOB’s list of registered investment firms, along with their license number and scope of authorization.
However, some fraudulent firms may misuse legitimate license numbers or falsely claim CONSOB regulation. To verify the authenticity of a broker, always check their details against the official CONSOB register to confirm their legitimate status and legal entity.
CIRO (formerly IIROC) ensures investor confidence and market integrity by supervising investment dealers and debt markets in Canada. Firms authorized by CIRO are listed in the institution’s official register, along with the firm’s full name and membership status.
However, some fraudulent firms may misuse legitimate license numbers or falsely claim CIRO regulation. To verify the authenticity of a broker, always check their details against the official CIRO register to confirm their legitimate status and legal entity.
AMF regulates the financial markets in France and ensures the transparent functioning of the markets by informing investors. If a brokerage firm operates legally in France, it must appear in the official records of the AMF (REGAFI), along with its license number and authorized types of services.
However, some fraudulent firms may misuse legitimate license numbers or falsely claim AMF regulation. To verify the authenticity of a broker, always check their details against the official AMF register to confirm their legitimate status and legal entity.
FMA ensures that investors have confidence in financial services by supervising the financial markets in New Zealand. Brokerage firms authorized by the FMA are included in New Zealand’s official FSP register, along with their FSP (Financial Service Provider) number and registration details.
However, some fraudulent firms may misuse legitimate license numbers or falsely claim FMA regulation. To verify the authenticity of a broker, always check their details against the official FMA register to confirm their legitimate status and legal entity.