Does becoming a regulated forex broker interest you? Forex brokers do their business in the fast paced arena of foreign currency, creating millions for their clients. In addition, they earn very good money in commissions for themselves , speculating on which specific countries exchange rates are going to either go up or down in the near future.
What Entity Regulates Forex Brokers?Since Forex brokers do their business around the world in various nations and cities, there is no single agency that regulates all Forex brokers. Instead, brokers are generally regulated through the local regulation brokerage agency in their home countries. Therefore, U.S. Forex brokers are mainly regulated through the Securities and Exchange Commission, the Federal Deposit Insurance Corporation, the Federal Reserve System, or the Office of the Comptroller of the Currency
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