de | cn | ru
Forex
IG: Trade online with the world’s No.1 CFD provider

Forex Brokers in the Netherlands

In the Netherlands, forex brokers are referred to as investment firms and only those having obtained a licence from the Dutch regulatory agency AFM (Autoriteit Financielle Markten) may offer investment services and/or perform investment activities within the country. Most importantly, offshore Forex brokers looking to offer forex trading services to residents of the Netherlands, need to establish local branches and to obtain the required licenses for the said branch before they can get down to business.
 
Of course, an exception applies to forex brokers that are licensed in another country of the European Economic Area (EEA) (consisting of the Member States of the European Union, Norway, Iceland and Liechtenstein). They can offer investment services and/or perform investment activities in the Netherlands relying on their single European license and are subject to supervision in their country of origin, but they must report this to their home supervisor.
 
Interestingly, the AFM does not provide broad-based licensing to brokers. Instead, it has special codes in place for each specific type of activity and the issued licenses shall cover only the types of activity the company should provide.
 
Apart from the licensing process of forex brokers in the Netherlands, the AFM is in charge of ongoing supervision over licensed entities. It works together with the central bank of Netherlands (DNB), in which context the AFM supervises the conduct of financial enterprises, and DNB checks whether they are able to meet their financial obligations. 
 
The Dutch financial regulator requires full transparency on the part of the licensed FX brokers. In this regard, the latter are compelled to send regular reports to the AMF with data about their trading volumes and the transactions performed by their clients.
 
Besides, the AFM keeps a register of all licensed Forex companies in Netherlands on its official website and it is easy for anyone interested in to quickly check whether a particular company is listed. In this register, you can also see if there are any past or current issues with their licensing and general practices, such as if the broker has been licensed subject to a restriction or a condition.
 
In February 2017 the Dutch financial regulatory body launched a consultation on the ban on advertisement of risky investment instruments, such as binary options, contracts for difference (CFDs), futures and warrants.  The regulator’s move is an important step in the fight against harmful financial products to which retail consumers are exposed, and most importantly those with leverage of 10:1 or higher.


Forex

Forex Brokers in the Netherlands

Broker Country Regulation Platforms Min.deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader		 $100 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer		 $0 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader		 $50 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, FxPro
Markets,
cTrader		 $100 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
Cyprus CySec MT4, Web, Gwasy $100 Review Website
Forex

Related News

Dutch financial regulator seeks to cap leverage to 1:10 and ban advertising of FX, CFDs and binary options

 Feb 21 2017 12:58:27 Jonathan Smith in Market

The next EU member state about to introduce stricter regulation of binary options, FX and CFDs is the Netherlands. Read more

ZuluTrade's Best Forex Trader from the Netherlands: PipShip

 Oct 10 2013 08:33:16 Maria Nikolova in Signals

Our next target in the series of articles about the best signal providers on ZuluTrade from various countries is PipShip, the most successful trader from the Netherlands. Read more

Moody's Cuts Rating Outlook On Germany, Netherlands

Jul 24 2012 05:01:02 Stanimir Zhelev in Market

Moody's Investors Service has warned Germany, the Netherlands and Luxembourg that they may lose their coveted triple-A credit ratings due to intensified uncertainty regarding the outcome of the debt crisis. Read more

Moody's Downgrade 4 Banks in Netherlands, Further Downgrade if Greece Becomes Central Scenario

 Jun 15 2012 02:01:04 Stanimir Zhelev in Market

Major Dutch banks witnessed rating downgrade by Moody's with warning that if Greece becomes central scenario The banks downgraded are Rabobank, ING Bank, ABN AMRO bank and LeasePlan Corporation The SNS Bank also downgraded by one notch The material has been provided by Instaf... Read more

Research: the Netherlands Election in September Could Complicate Further Bailout Discussions

 Apr 30 2012 11:01:03 Stanimir Zhelev in Market

Quotes from Standard Chartered: -The good news is that none of the elections is likely to return a euro-sceptic government. But voters are expressing growing discontent with austerity, which could jeopardise the fiscal compact treaty, the German-led push for balanced budgets. Read more

Forex
de | cn | ru