Geographic Forex Trading Guides
Region-specific guides covering forex regulators, compliant brokers, and EA considerations across 7 major retail jurisdictions.
All regional clusters
Brazil / LATAM
Regulator: CVM (Comissão de Valores Mobiliários)
Largest non-EN forex audience. CVM regulatory framework, BRL/USD-focused traders, Portuguese-language EA considerations.
India
Regulator: SEBI / RBI
RBI/SEBI framework, INR-pair-only legality, high regulatory complexity creates unique informational value.
European Union
Regulator: ESMA (multi-NCA)
ESMA framework: 1:30 leverage cap on majors, mandated retail-loss disclosure, MiFID II investor protections.
United States
Regulator: NFA / CFTC
NFA Rule 2-43b: no hedging, FIFO rule, 1:50 leverage on majors. CFTC dual oversight. Restricted EA universe.
United Kingdom
Regulator: FCA
FCA framework post-ESMA: similar 1:30 leverage cap, conduct rules, mandatory negative balance protection.
MENA (Middle East & North Africa)
Regulator: SCA (UAE) / various
Islamic finance considerations (swap-free / shariah compliance), UAE SCA/DFSA framework, growing prop-firm adoption.
Africa
Regulator: FSCA / CBN / various
FSCA in South Africa, CBN in Nigeria, emerging frameworks across Sub-Saharan markets. ZAR-pair focus.
⚠️ Legal review status
Regulatory content is high-liability. Each regional cluster page carries a prominent banner showing its legal-review status (pending / reviewed / approved). Until a licensed advisor in the relevant jurisdiction has approved a page, the banner explicitly states that fact and links to the relevant regulator's official site for verification. We cite official regulator websites where possible but cannot guarantee ongoing accuracy as regulations evolve.
For compliance decisions, always: (1) verify current rules with the regulator directly, (2) consult a licensed local advisor, and (3) read the specific broker's terms before opening an account.