Regulation

Overview

There is no central market and no global regulatory agency responsible for monitoring the activity of the currency markets. Regulation is left to each country, in the United States the Federal Reserve Bank monitors the banking system and the Commodity Futures Trading Commission (CFTC) has jurisdiction over all Futures and Forex activity. When trading in the foreign exchange markets, individuals should only trade with approved National Futures Association (NFA) members. FX Global Services is registered with the CFTC as a Introducing Broker and is an approved member of the NFA.. FX Global Services NFA ID # is 0412897. FX Global Services is accountable to the stringent standards of capital adequacy and financial reporting enforced by the NFA.



Download the NFA's Guide to What Investors Need to Know



Anti-Money Laundering Policy



FX Global Services is subject to the International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001 and CFTC regulations based on that legislation. The company's anti-money laundering policies and procedures are designed to meet the requirements of the legislation by minimizing the opportunity for customers to engage in money laundering activities through transactions in the Forex markets. FX Global Services procedures are focused on "knowing the customer".



Privacy Policy



FX Global Services privacy policy explains the manner in which the company collects, utilizes and maintains nonpublic, personal information about its customers and those parties with whom FX Global Services has a prospective relationship. The privacy policy only applies to nonpublic, personal information of individuals (not entities).



Customer Funds



FX Global Services does not handle customer funds. All customer funds must be sent to applicable FCM.




FX Global Services asks that you consider the risks associated with increasing your leverage. A relatively small market movement will have a proportionally large impact on the funds you have deposited or will have to deposit; this may work againts you as well as for you. You may sustain a total loss of initial margin and you may be required to deposit additional funds to cover a short margin position. Flexible leverage is availblae for self-traded accounts only (does not apply to managed accounts.)


Forex Trading involves substantial risk of loss and is not suitable for all investors, CLICK HERE for more information. FX Global Services is compensated through a portion of the bid / ask spread.


FX Global Services is an introducting broker of FXCM,FXDD and Gain Capital.


Copyright © 2013 FXGlobalServices,Inc. All rights reserved.