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. Forex brokers that are situated in Japan are regulated by the Financial Services Agency, while the Irag Securities Commission regulates Forex brokers that are located with the borders of Iraq.
Making trades on foreign exchanges is very different from making trades on the NYSE or the Nasdaq for instance. Forex trading has it is rules set down by the National Futures Association. The majority of the trades have to do with the major currencies; The American, Australian, Canadian dollars; The Euro; The British Pound; The Japanese Yen and so on.
[ForexGen Partnership]
ForexGen offers three types of business partnerships.
- Introducing Broker
- White Label
- Money Manager
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