ATFXForeign exchange reminder, preferred for legitimate foreign exchange platformsFCARegulatory License

In selectingforeign exchangeWhen it comes to trading platforms, regulatory agencies and their licenses have always been the focus of our emphasis. Many trading platforms often claim to hold multiple authoritative licenses and be regulated by such authoritative institutions when promoting themselves. But did you know that authoritative licenses ≠ legitimate platforms, and trading platforms holding authoritative licenses may have different businessForeign exchange transactionsIt doesn't matter, even if it's not regulated by the institution. In the following content,ATFXForeign exchange will take you to understand some unknown secrets in foreign exchange regulatory licenses.

Here we serve as the authoritative regulatory body in the UKFCAAs an example, briefly explain some of the tricks in foreign exchange regulatory licenses to investors. as everyone knows,FCARenowned for its strict and demanding regulatory conditions, it now holdsFCARegulatory licenses have become one of the highlights of self promotion on many platforms. In the overwhelming publicity, investors need to carefully observe and pay attention to distinguishing the business scope and level effectiveness of the license. You know, the UKFCALicenses can be divided into three types based on their level and effectiveness: EU license, basic license, and full license.

1EU license plate. Having a regulatory license from a country is equivalent to having a business license for the EU Economic Area, with unconditional mutual recognition among member states. This type of license is the weakest, and the platform broker holding this licenseFCARegulatory websiteStatusDisplay on the bar“EEA Authorised”Strictly speaking, these platforms are not actually subject toFCARegulation, and the platform is unable to hold customer funds, and customers are also unable to enjoy themFSCSCompensation plan, therefore there are also certain risks in terms of safety.

2Basic license plate. Platform brokers holding such licenses are compliant with the UKFCARegulation, but they do not need to have offices or branches in the UK. Most of these licenses are issued to white label companies, and the white labels of large brokers also hold this basic license. Similarly, the holder of the basic license plate platform is similar to the EU license plate camera, and they are unable to hold customer funds and obtainFSCSCompensation and poor safety.


3Full license plate. Full license is the highest qualification among all licenses. If a trading platform wants to hold such a license, it must go throughFCAReviewed and has a physical office in the UK. This type of license plate is available onFCARegulatory information website for“Status”Display on the bar“Authorised”。 For foreign exchange traders, having such qualifications is the real challengeFCARegulation, and only customer funds can enjoy the financial service compensation plan(FSCS)Protection.

ATFXAs an international online foreign exchange trading broker, it is not only influenced by the UKFCA(Regulatory number760555)Fully authorized and regulated, and also subject to Abu DhabiFSRA(Regulatory number170006)And CyprusCySEC(Regulatory number: 285/15)Supervision, possessingFCAHighest level730KFully licensed, it is a well-known, legitimate, and reliable foreign exchange trading platform in the foreign exchange industry&Brand.

Adhering to the business philosophy of professionalism, integrity, reliability, and win-win situation,ATFXAdhere to investor education and strive to become a leading global online financial broker. future,ATFXWe will continue to provide more comprehensive, secure, and transparent trading services to investors, and make every effort to promote innovative development in the financial industry.