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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
OANDA
Above 20 years
Regulated in Australia
Regulated in United Kingdom
Regulated in Japan
Regulated in United States
Regulated in Canada
Regulated in Singapore
Regulated in The Virgin Islands
Market Making License (MM)
Forex Trading License (EP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Global Business
High potential risk
Offshore Regulated
8.34
Score
Domestic Regulation
FOREX.com
Above 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
Market Making License (MM)
Forex Trading License (EP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Global Business
High potential risk
8.27
Score
Domestic Regulation
InteractiveBrokers
Above 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
Australia Forex Execution License (STP) Revoked
Hong Kong Market Making License (MM) Revoked
High potential risk
8.14
Score
Domestic Regulation
TIGER BROKERS
5-10 years
Regulated in Hong Kong
Regulated in Australia
Derivatives Trading License (AGN)
Forex Execution License (STP)
Self-developed
Regional Brokers
Medium potential risk
7.47
Score
Domestic Regulation
Sigma
5-10 years
Regulated in United Kingdom
Regulated in United Arab Emirates
Inst Market Making (MM)
Derivatives Trading License (MM)
Suspicious Scope of Business
Medium potential risk
7.43
Score
Domestic Regulation
Mitsui Bussan Commodities
15-20 years
Regulated in United Kingdom
Inst Market Making (MM)
Suspicious Scope of Business
Medium potential risk
7.17
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
6.96
Score
Domestic Regulation
Kyte
5-10 years
Regulated in United Kingdom
Inst Forex Execution (STP)
Suspicious Scope of Business
Medium potential risk
6.66
Score
Domestic Regulation
Evolution Markets
5-10 years
Regulated in United Kingdom
Inst Deriv Trading License (STP)
Suspicious Scope of Business
High potential risk
4.73
Score
Domestic Regulation
PIPS STAR
1-2 years
Regulated in United States
Currency Exchange License (MSB)
Suspicious Scope of Business
High potential risk
4.05
Score