ForexLicenses
3Moderate

Tier 3 regulated forex brokers

Established offshore or emerging-market regulators with capital and reporting requirements but limited retail protection.

Regulators in tier 3

FSC (MU)Financial Services Commission, Mauritius🇲🇺 Mauritius24 brokersBAPPEBTICommodity Futures Trading Regulatory Agency🇮🇩 Indonesia23 brokersCMA (Kenya)Capital Markets Authority of Kenya🇰🇪 Kenya18 brokersSCBSecurities Commission of The Bahamas🇧🇸 Bahamas10 brokersCIMACayman Islands Monetary Authority🇰🇾 Cayman Islands7 brokersLabuan FSALabuan Financial Services Authority🇲🇾 Malaysia (Labuan)5 brokersJSCJordan Securities Commission🇯🇴 Jordan4 brokersBMABermuda Monetary Authority🇧🇲 Bermuda3 brokers

Brokers whose strongest licence is tier 3 33

Broker Licences on record Licence Score Actions
1 A Alpari Forex & CFD broker, since 1998 FSC (MU)FSA (Seychelles)MISA 36Weak Licences Visit site
2 IM IFC Markets Forex & CFD broker, since 2006 Labuan FSABVI FSC 35Weak Licences Visit site
3 TM Tradeview Markets Forex & CFD broker, since 2004 CIMA 34Weak Licences Visit site
4 MI Monex Investindo Futures (MIFX) Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site
5 D Didimax Forex & CFD broker, since 2004 BAPPEBTI 34Weak Licences Visit site
6 VA Valbury Asia Futures Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site
7 SG Solid Gold Berjangka Forex & CFD broker, since 2003 BAPPEBTI 34Weak Licences Visit site
8 RF Rifan Financindo Berjangka Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site
9 KP Kontak Perkasa Futures Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site
10 EF Equityworld Futures Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site
11 BF BestProfit Futures Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site
12 VI Victory International Futures Forex & CFD broker, since 2003 BAPPEBTI 34Weak Licences Visit site
13 TF Topgrowth Futures Forex & CFD broker, since 2004 BAPPEBTI 34Weak Licences Visit site
14 MF Maxco Futures Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site
15 F Finex Forex & CFD broker, since 2001 BAPPEBTI 34Weak Licences Visit site
16 TP Trijaya Pratama Futures Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site
17 G GKInvest Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site
18 AF Agrodana Futures Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site
19 MA Midtou Aryacom Futures Forex & CFD broker, since 2001 BAPPEBTI 34Weak Licences Visit site
20 RT Real Time Futures Forex & CFD broker, since 2004 BAPPEBTI 34Weak Licences Visit site
21 JA Jalatama Artha Berjangka Forex & CFD broker, since 2004 BAPPEBTI 34Weak Licences Visit site
22 IM International Mitra Futures Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site
23 MP Millennium Penata Futures Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site
24 AT Asia Trade Point Futures Forex & CFD broker, since 2008 BAPPEBTI 33Weak Licences Visit site
25 HI HFX International Berjangka Forex & CFD broker, since 2008 BAPPEBTI 33Weak Licences Visit site
26 DP Doo Prime Forex & CFD broker, since 2014 FSC (MU)FSA (Seychelles)VFSC 32Weak Licences Visit site
27 AC Anzo Capital Forex & CFD broker, since 2015 CMA (Kenya)FSC (Belize) 30Weak Licences Visit site
28 KT KCM Trade Forex & CFD broker, since 2016 FSC (MU) 29Weak Licences Visit site
29 F FXPesa Forex & CFD broker, since 2016 CMA (Kenya) 29Weak Licences Visit site
30 TG Trademax Global Markets Forex & CFD broker, since 2016 CMA (Kenya) 29Weak Licences
31 DF Doo Financial Futures Forex & CFD broker, since 2019 BAPPEBTI 27Weak Licences Visit site
32 EF Empire FX Trade Forex & CFD broker, since 2019 CMA (Kenya) 27Weak Licences
33 IT IC Trading Forex & CFD broker, since 2023 FSC (MU) 25Weak Licences Visit site

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.