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National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.

NFA

Domestic Regulation
FOREX.com
20+ years
Regulated in Australia
Regulated in Japan
Regulated in United States
Regulated in Cyprus
Regulated in Canada
Regulated in United Kingdom
Regulated in Singapore
Forex Trading License (EP)
Derivatives Trading License (EP)
Market Making License (MM)
MT5 Full License
MT4 Full License
Self-developed
Global Business
High Potential Risk
9.00
Score
Domestic Regulation
InteractiveBrokers
20+ years
Regulated in Australia
Regulated in United Kingdom
Regulated in Japan
Regulated in Hong Kong
Regulated in Canada
Regulated in United States
Market Making License (MM)
Derivatives Trading License (EP)
Derivatives Trading License (AGN)
Self-developed
Global Business
Hong Kong Market Making License (MM) Revoked
Australia Forex Execution License (STP) Revoked
High Potential Risk
8.94
Score
Regulated
TIGER BROKERS
5-10 years
Regulated in Hong Kong
Regulated in Australia
Derivatives Trading License (AGN)
Forex Execution License (STP)
Self-developed
Global Business
Medium Risk
7.78
Score
Domestic Regulation
Just2Trade
10-15 years
Regulated in Cyprus
Regulated in United States
Market Making License (MM)
Derivatives Trading License (AGN)
MT4 Full License
MT5 Full License
Regional Brokers
High Potential Risk
7.53
Score
Domestic Regulation
Wdemoo(test)
1-2 years
Regulated in United States
Regulated in South Africa
Regulated in Australia
Forex Trading License (EP)
Derivatives Trading License (EP)
Authorized Representative (AR)
Suspicious Operational Region
Medium Risk
6.89
Score
Regulated
Mitsui Bussan Commodities
15-20 years
Regulated in United Kingdom
Inst Market Making (MM)
Suspicious Operational Region
Medium Risk
5.95
Score
Regulated
Kyte
5-10 years
Regulated in United Kingdom
Inst Forex Execution (STP)
Suspicious Operational Region
Medium Risk
5.95
Score
Regulated
TJM
5-10 years
Regulated in United Kingdom
Inst Forex Execution (STP)
Suspicious Operational Region
Medium Risk
5.72
Score
Regulated
Sigma
5-10 years
Regulated in United Kingdom
Regulated in United Arab Emirates
Inst Market Making (MM)
Derivatives Trading License (MM)
Suspicious Operational Region
Medium Risk
5.64
Score
Regulated
SSY
5-10 years
Regulated in United Kingdom
Inst Deriv Trading License (STP)
Medium Risk
4.98
Score
Regulated
LAFX
Within 1 year
Regulated in Comoros
Forex Trading License (EP)
Suspicious Operational Region
Medium Risk
Offshore Regulation
4.38
Score
Regulated
Evolution Markets
5-10 years
Regulated in United Kingdom
Inst Deriv Trading License (STP)
Suspicious Operational Region
High Potential Risk
4.15
Score
Regulated
Bitget
5-10 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Global Business
High Potential Risk
Offshore Regulation
3.02
Score