If you’re asking who regulates forex market in world?, the answer is that there is no single global regulator for the forex market. Instead, each country regulates forex trading within its own jurisdiction through its financial regulatory authority. These regulators oversee brokers, protect retail traders, enforce compliance, and set legal standards — but the forex market itself remains decentralised and unregulated at the global level.

Why There’s No Single Global Regulator

• Forex is a decentralised over-the-counter (OTC) market, not tied to one exchange.
• It operates across multiple countries and time zones, 24 hours a day.
• Banks, institutions, and brokers transact directly or via electronic platforms.
• National regulators monitor domestic activity, not cross-border flows.

Top Financial Regulators Of The Forex Market By Country

Country	Regulator	Role in Forex Oversight
United Kingdom	FCA (Financial Conduct Authority)	Most respected regulator; tight control over brokers
United States	NFA/CFTC (National Futures Association / Commodity Futures Trading Commission)	Strict rules on leverage and broker capital
Australia	ASIC (Australian Securities & Investments Commission)	Popular for retail brokers; strong standards
European Union	CySEC (Cyprus Securities and Exchange Commission)	Regulates many brokers under MiFID II passporting
Japan	JFSA (Japan Financial Services Agency)	Very strict leverage and client fund rules
Singapore	MAS (Monetary Authority of Singapore)	Highly credible regulator in Asia
South Africa	FSCA (Financial Sector Conduct Authority)	Trusted African regulator for regional brokers
India	RBI & SEBI (Reserve Bank of India & Securities and Exchange Board of India)	Strict restrictions on forex; only INR pairs allowed
Canada	IIROC (Investment Industry Regulatory Organization of Canada)	Oversees brokers and trading in Canadian provinces
Switzerland	FINMA (Swiss Financial Market Supervisory Authority)	Regulates major banks and forex institutions

What Do These Regulators Do?

• License forex brokers and financial firms
• Monitor broker solvency and conduct
• Protect retail client funds (segregated accounts)
• Enforce leverage limits and transparency
• Ensure fair marketing and trading practices

How To Stay Safe In The Global Forex Market

• Always use a broker regulated by one of the authorities above
• Avoid offshore or unregulated brokers, even if they offer high leverage
• Verify licenses on the regulator’s official website
• Understand that regulation = trader protection

Conclusion

If you’re asking who regulates forex market in world?, the answer is that the market is regulated locally, not globally, by authorities like the FCA, ASIC, NFA/CFTC, and CySEC. These bodies don’t control the entire forex market, but they ensure brokers within their jurisdiction operate legally and ethically.

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