The details on this page about Financial Crimes Enforcement Network were compiled from the regulator’s own official documents, its website and other public sources, and are presented as neutral, factual guidance.
If you believe something here is inaccurate, or you spot a critical problem, please let us know via Contact us.
Regulator Performance Overview
0
0
36
38
1
1
Insurance coverage protecting client deposits and funds
Requirement for client funds to be held separately from company funds
Public MSB registry
N/A for broker licensing
US AML registry; MSB registration required but not a broker licence
Detailed assessment of regulatory capabilities and effectiveness
Detailed breakdown of the 6 key regulatory performance indicators
Value and prestige of licenses issued by this regulator
This regulator shows below average performance with an overall score of 0.
Strongest performance in License Value
Transparency Level: Public MSB registry
Global Tier: N/A for broker licensing
Protection against negative account balances in trading
Access to qualified investment professionals and advisory services
Government-regulated
Per local law; typical sanctions
Not available
United States
USA
Per local law; typical sanctions
Not applicable. Retail OTC-FX requires CFTC/NFA RFED/FCM
Online portal available (https://www.fincen.gov/msb-registrant-search)
BSA reporting; no investor complaint portal for brokers
Varies by firm / local rules
1 instruments
Contact regulator for details
International Organization of Securities Commissions
Member of the global body that brings together the world's securities regulators
Financial Action Task Force
Member of the inter-governmental body that sets standards for combating money laundering
Commitment to international standards for anti-money laundering and counter-terrorism financing
Effectiveness of regulatory framework and enforcement
Institutional strength and organizational capability
Risk assessment and management protocols
Investor protection measures and safeguards
Client fund protection and insurance coverage
The Financial Crimes Enforcement Network (FinCEN) is a bureau of the U.S.Department of the Treasury.As a bureau of the Department of the Treasury, the Director of FinCEN is appointed by the Secretary of the Treasury.He reports directly to the Under Secretary for Terrorism and Financial Intelligence.
The core mission of FinCEN is to protect the financial system from illicit use, to combat money laundering, and to promote national security through the collection, analysis, and dissemination of financial intelligence.FinCEN utilizes its financial regulatory authorities to achieve national security objectives.
Forex
Brokers authorized and regulated by this authority
United StatesUnited States
United Kingdom+1 more licensesUnited KingdomUnited StatesUnited States+1 more licenses
Vanuatu
CyprusUnited States+2 more licensesUnited StatesUnited Kingdom
British Virgin IslandsUnited States
Canada
Australia+2 more licensesUnited StatesUnited StatesUnited KingdomUnited StatesUnited Kingdom
Hong Kong+2 more licensesHong KongUnited StatesUnited States+1 more licensesUnited StatesUnited Kingdom
Ireland+1 more licensesCanadaUnited States
South Africa+2 more licensesUnited KingdomUnited StatesAustralia+2 more licensesUnited Kingdom
Spain
Singapore+1 more licenses
