Finanstilsynet (DK) regulated forex brokers
Danish Financial Supervisory Authority · 🇩🇰 Denmark
The Danish Financial Supervisory Authority (Finanstilsynet (DK)) is the financial regulator for Denmark, established in 1988. ForexLicenses.com classifies it as tier 2 (strong regulation). We currently match 1 broker in our database to an Finanstilsynet (DK) licence.
Denmark's FSA (Finanstilsynet) supervises Saxo Bank, one of the best-known multi-asset trading banks in the world, which gives the Danish authority unusual prominence among forex traders. Danish banks are covered by the national Guarantee Fund for deposits and investors. Finanstilsynet publishes a company register and a list of warnings about unauthorised firms.
Key rules for retail clients
- Tier
- Tier 2 — Strong regulation
- Compensation
- Guarantee Fund — €100,000 deposits; €20,000 investor protection
- Leverage
- 30:1 on major FX pairs (ESMA rules)
- Negative balance protection
- Required for retail clients
- Client money
- Bank capital and client asset rules
- Complaints
- Danish Complaint Board of Banking Services
Brokers licensed by the Finanstilsynet (DK) 1
Frequently asked questions
How do I check if a broker is Finanstilsynet (DK) regulated?
Search the firm's name or licence number on the Finanstilsynet (DK) official register (https://virksomhedsregister.finanstilsynet.dk/), confirm the status is current and that the website domain you're using is listed, then check the Finanstilsynet (DK) warning list for clones.
Does the Finanstilsynet (DK) offer investor compensation?
Guarantee Fund — €100,000 deposits; €20,000 investor protection
What leverage do Finanstilsynet (DK)-regulated brokers offer?
30:1 on major FX pairs (ESMA rules)
Is negative balance protection required by the Finanstilsynet (DK)?
Yes. Negative balance protection is required for retail clients of Finanstilsynet (DK)-regulated firms.