Forex Regulation in Europe – Which Government Bodies Regulate Forex Brokers in the EU?
Forex regulation in Europe falls under MiFID II guidelines, which means that a standard set of rules and regulations apply to all European Union member states equally. A common practice in the EU, which is perfectly legal, is for FX brokers to obtain a license in a region like Cyprus and then “passport” regulation to all EU member states. It’s important to highlight that each EU member state has specific rules and regulations pertaining to their respective country which, in some cases, may supersede EU regulation.
Because of potential differences between pan-EU and member state regulations, it’s helpful to know which regulatory body is responsible for forex & CFD regulation across the European Union. We’ve outlined each EU member state’s regulatory body below and as a supplement also added a couple of non-EU member states to the list in order to provide you with a comprehensive picture.
If your brokerage is seeking regulation in Europe, the most common jurisdiction to obtain a forex broker license would be in Cyprus. After Cyprus, Malta is the next potential jurisdiction to consider, followed by Bulgaria. Finally, the United Kingdom shouldn’t be ruled out from this list. Note, however, that the UK’s relationship with the EU is currently being decided (as of this writing) so specific rules pertaining to the region are subject to change.
To learn more about obtaining a forex broker license in Europe or across the globe, don’t hesitate to contact Atomiq Consulting today in order to discuss FX broker licensing in further detail.
A Complete List of EU Forex & CFD Regulators (Highlight the Flag to View Regulators)
Stay Ahead of Regulatory Changes
Explore Our Global Forex
Broker License Options.
- Flexible leverage
- Put Paid up capital to work
- Reduced staff & office gosts
We’ll Help You Find
The Best Forex License
For Your Broker
Our decades of forex broker regulation experience and knowledge make us the best partner for obtaining an offshore forex license, or onshore option. By working with Atomiq Consulting, we will gladly assist your team with understanding the cost of obtaining a forex license, the application process as well as required documents. We are also able to provider you with some forex broker licenses that are for sale.
Free License Consultation
Spanish Securities Market Commission (Comisia Națională a Valorilor
Mobiliare) – FMRRC
What Are the Chances a Forex Broker License Application is Rejected?
As industry experts in forex broker licensing, our team has processed countless license applications over the years. During our initial […]View More