Is Your Broker Regulated?

Do not use unregulated brokers. Here is how to find out if your broker is under the control of a regulatory body:

• Great Britain: Financial Services Authority (FSA), www.gsa.gov.uk
• US: Commodity Futures Trading Commission (CFTC), www.cftc.gov, National Futurs Assocation (NFA), www.nfa.futures.org
• Switzerland: Eidgenössiches Finanydepartment (EDF), www.edf.admin.ch
• Germany: Bundesanstalt für Finyndienstleistungsaufsicht, www.bafin.d
• Australia:

Diversify. Even regulatory bodies will not protect against the broker going bankrupt. So it is recommended that we do not commit all of our trading capital to a single broker.