The ‘International Financial Services Commission,’ a Belizian regulatory body founded in 1999, is responsible for regulating all the brokerage firms, businesses, and organizations that are involved in financial markets and investment services. The IFSC is held accountable by the Ministry of Belize Securities and International Financial Services Commission Act. The IFSC also attempts to provide a user-friendly market environment for both Belizian and offshore investors by improving the financial markets and services of Belize on an international level, supervising the licensed Investment Services, Financial Advisors, Fund Management Companies, and Investment Schemes providers, granting licenses to the Investment firms and other monetary entities, and administering preventative and disciplinary measures to the IFSC authorized firms in case of financial misconducts.
|1||FXTM||2011||CySEC, FCA, IFSC|
|2||XM||2009||ASIC, CySEC, IFSC|
|3||XTB||2002||BaFin, CNMV, CySEC, FCA, IFSC|
|4||Fort Financial Services||2010||IFSC|
To identify if a forex broker is regulated by IFSC, the first step is to identify the name of the entity from the disclosure text on the broker's homepage. For example, here's the key disclosure text from FXTM's website.
FXTM holds a banking license issued by its supervisory authority the IFSC.Next, look up the firm on the list of supervised institutions listed on IFSC's website to validate the firm's current regulatory status. Here is the official IFSC page.
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