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Thursday 2 March 2017

Kuwait Regulated Forex Brokers

Kuwaiti Citizens and expats living there, are very familiar with Forex Trading. Unfortunately, there are not too many Forex brokers in Kuwait, who have been legalized by Central bank of Kuwait or under any strict compliance within local Kuwaiti Jurisdiction.

Forex traders in Kuwait constantly been trapped and made fooled by non-regulated Forex brokers, claiming to be No.1 broker in the world. However, this is advisable to always check, if your trading broker is regulated and under compliance of CBK or any local authority in Kuwait.

In case, if your broker is not regulated or have any local presence in Kuwait, make sure, Forex broker is regulated by FCA-UK, which is at least more strict and well reputed regulated authority.

UAE 
Dubai Financial Services Authority (DFSA) www.dfsa.ae

Australia
Australia Australian Securities and Investment Commission (ASIC) www.asic.gov.au

Germany 
Federal Financial Supervisory Authority (BaFin) www.bafin.de 

Kuwait:
Ministry of Commerce and Industry in Kuwait www.moci.gov.kw 
Kuwait Chamber of Commerce & Industry (KCCI) www.kuwaitchamber.org.kw

United Kingdom:
UK Financial Services Authority (FSA UK) www.fsa.gov.uk