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MiFID Regulated Forex Brokers rating

Markets in Financial Instruments Directive is a legislative act, a kind of set of rules that establishes the norms for the implementation of activities of a wide range of subjects within the EU. To obtain a license from MiFID, Forex brokers should strictly follow the established standards and have equity capital more than 730 thousand euros. In addition, MiFID Regulated Brokers are required to have an appropriate organizational system for competent risk management and protection of the interests of traders. The license of Markets in Financial Instruments Directive is highly regarded among traders.

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What are the advantages provided by presented MiFID Regulated Brokers?

MiFID Regulated Forex Brokers are required to conduct an absolutely transparent activity complying with the whole complex of sufficiently high standards and norms. Please note that the MiFID permits are issued in the country where the broker is registered or has a principal office. At the same time, its effect extends to the whole territory of the EU. Due to this, the MiFID Regulated Forex Brokers are able to fully enter the European market. It is important to stress that the Markets in Financial Instruments Directive sees the protection of the rights of traders as its main aim.

Therefore, in the event of any dispute or conflict, a broker must prove its case to regulators. Regulated Forex Brokers that successfully passed the MiFID licensing are required to notify their clients about all the risks and complexity of use of financial instruments provided for trading. Not all brokers in the Forex market can meet the requirements of this directive. All the best MiFID Regulated Brokers are included in our TopBrokers.com rating. A license of Markets in Financial Instruments Directive is considered as an important advantage for any company.


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