List Of Brokers
Disclaimer
The information provided on this page is for general informational purposes only. It offers a curated list of brokerage firms that are regulated by recognized financial authorities in their respective countries. This content is not intended to serve as financial advice or as a recommendation to engage with any specific broker or trading platform.
While every effort has been made to ensure the accuracy and relevance of the information presented, we do not guarantee its completeness or real-time accuracy. Broker licensing statuses, regulatory compliance, and service offerings may change over time and can vary depending on your location and local regulations.
By using this list, you acknowledge and agree that:
- You are fully responsible for any decisions made regarding your choice of broker or trading activities.
- We are not liable for any financial loss, legal consequences, or other outcomes resulting from your use of the listed brokers.
- The inclusion of a broker on this page does not imply endorsement, partnership, or affiliation of any kind.
We strongly recommend that you:
- Independently verify the regulatory status and license details of any broker listed on this page by consulting the official website of the relevant financial authority.
- Evaluate whether a broker’s services are appropriate and legally available in your jurisdiction before registering or depositing funds.
This list is intended to serve as a helpful starting point for your research. Ultimately, choosing a broker is a personal decision that must be made with careful consideration of your financial goals, trading experience, and risk tolerance. This list is meant to be a general reference only. You must always verify a broker’s license through your local financial authority and determine whether their services are permitted and suitable for you:
🇺🇸United States (CFTC/NFA‑Regulated)
• OANDA (oanda.com)
• Regulator: U.S. Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA)
• Key Info: Offers spot FX trading with strict regulatory oversight and supports MT4
• FOREX.com (forex.com)
• Regulator: CFTC and NFA
• Key Info: Provides a comprehensive range of FX pairs and futures; MT4 is available on select accounts
Note: Due to tight U.S. regulations (e.g., leverage limits, FIFO rules), only a few brokers are permitted to serve retail clients.
🇨🇦Canada (CIRO/Provincial Securities Authorities)
• OANDA Canada (oanda.com)
• Regulator: Canadian Investment Regulatory Organization (CIRO) with provincial oversight
• Key Info: Regulated for retail forex trading in Canada; offers MT4
• AvaTrade (avatrade.ca)
• Regulator: Registered under CIRO through associated Canadian entities
• Key Info: Offers a range of forex and CFD products along with MT4 support
Canadian traders often use these well‑regulated dealers to ensure full compliance with local financial laws.
🇪🇺Europe
• Saxo Bank (home.saxo)
• Regulator: Licensed in Denmark (DFSA) and other EU jurisdictions
• Key Info: Global service with a broad range of instruments; MT4 access available in some jurisdictions
• XTB (xtb.com)
• Regulator: Regulated by various EU authorities (e.g., CySEC, KNF)
• Key Info: Offers a wide selection of CFDs and FX pairs; MT4 is supported alongside its own platform
• Admiral Markets (admiralmarkets.com)
• Regulator: Operates under several EU regulators such as EFSA (Estonia)
• Key Info: Well‑established in Europe; supports MT4.
European brokers are subject to MiFID II and passport their license across the European Economic Area.
🇬🇧United Kingdom (FCA‑Regulated)
• IG (ig.com)
• Regulator: Financial Conduct Authority (FCA)
• Key Info: Offers over 17,000 tradable instruments; MT4 is available on desktop, web, and mobile
• CMC Markets (cmcmarkets.com)
• Regulator: FCA
• Key Info: Known for its extensive product range; supports MT4 trading
• Pepperstone (pepperstone.com)
• Regulator: FCA
• Key Info: Specializes in CFDs across forex, indices, and crypto; offers MT4, and cTrader
• FxPro (fxpro.com), ActivTrades (activtrades.com), XTB (xtb.com), and OANDA (oanda.com/uk-en) also appear as reputable FCA‑regulated brokers with MT4 support.
The FCA’s strict regulatory environment ensures high standards in client fund protection and transparency.
🇦🇺Australia (ASIC‑Regulated)
• Pepperstone (pepperstone.com)
• Regulator: Australian Securities & Investments Commission (ASIC)
• Key Info: Offers competitive spreads with MT4 as well as additional platforms
• IC Markets (icmarkets.com)
• Regulator: ASIC
• Key Info: Known for low-latency execution and a wide instrument offering; supports MT4
• FP Markets (fpmarkets.com) and ThinkMarkets (thinkmarkets.com) also operate under ASIC licenses with full MT4 compatibility.
ASIC is known for its rigorous standards in market conduct and transparency.
🇦🇺New Zealand (FMA‑Regulated)
• BlackBull Markets (blackbullmarkets.com)
• Regulator: Financial Markets Authority (FMA New Zealand)
• Key Info: A leading New Zealand broker offering competitive pricing with MT4 support
• CMC Markets New Zealand (cmcmarkets.com/en-nz)
• Regulator: FMA
• Key Info: Offers a wide range of instruments and MT4 access
New Zealand’s strict regulatory measures ensure that brokers meet high operational standards.
🇯🇵Japan (JFSA‑Regulated)
• OANDA Japan (oanda.jp)
• Regulator: Japan Financial Services Agency (JFSA)
• Key Info: Regulated for domestic operations and one of the few Japanese brokers offering MT4
Japanese regulations are stringent; retail forex is tightly controlled with a focus on risk management.
🇲🇾Malaysia (SCM/BNM‑Regulated)
• FXCM Malaysia (fxcm.com/my)
• Regulator: Supervised by Bank Negara Malaysia (BNM) and under the purview of the Securities Commission Malaysia (SCM)
• Key Info: Offers MT4 via its Malaysian entity under strict local guidelines
• Phillip Capital Malaysia
• Regulator: SCM
• Key Info: Provides forex and CFD trading; MT4 is available on selected accounts
In Malaysia, retail forex is regulated tightly with limited licenses, and licensed brokers adhere to strict capital and disclosure requirements.
🇵🇭Philippines
• Local Regulation:
The Philippines’ Securities and Exchange Commission (SEC) and Bangko Sentral ng Pilipinas (BSP) currently do not license independent retail forex brokers offering OTC trading.
• For Forex Trading:
Philippine traders typically access international brokers that hold licenses in other jurisdictions.
Example: IG, CMC Markets, and OANDA operate in the Philippines through international branches or offshore entities—ensure these brokers have authorization to serve Filipino residents prior to trading.
Philippines’ regulatory framework limits retail forex options; extra diligence is advised when choosing an international broker.
Africa
Given Africa’s diverse regulatory landscape, many countries rely on regional or established international brokers. Below are examples from key markets:
South Africa (FSCA‑Regulated)
• AvaTrade (avatrade.com)
• Regulator: Financial Sector Conduct Authority (FSCA)
• Key Info: Offers retail forex, CFDs, and MT4 support
• Khwezi Trade (khwezitrade.co.za)
• Regulator: FSCA
• Key Info: A locally focused broker with MT4 availability
Kenya
• FXPesa (fxpesa.com)
• Regulator: Capital Markets Authority (CMA Kenya)
• Key Info: The first CMA‑licensed FX broker; provides MT4 support
For other African countries, many investors use international brokers that have obtained licenses from reputable authorities (e.g., Mauritius, Seychelles, etc.). Always verify local regulatory compliance before trading.
🌍Rest of the World
In regions not explicitly listed above, regulated brokers generally operate under the legal framework of their home country’s financial authority. Many globally recognized names in forex trading—such as XM, Exness, HotForex, and FBS—are licensed in their respective jurisdictions (e.g., Cyprus, Seychelles, Mauritius, or Labuan) and offer MT4 support. When considering a broker from the “rest of the world,” it is crucial to:
• Check the broker’s regulatory status with the local financial authority.
• Confirm that the broker’s services, including MT4 support, meet your trading needs.
• Understand that some regions may have fewer fully regulated retail options.
This section serves as a general reference. For the most accurate and up‑to‑date details, always consult the official regulatory website of your country or region.
Important Note: This list is provided for general informational purposes only. We strongly advise you to perform your own due diligence before engaging with any broker. Trading involves risk, and regulatory requirements vary by region; ensure that the broker you select is authorized to operate in your area.