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 Brokers in the Netherlands

Broker	Country	Regulation	Platforms	Min.deposit	Review
	Cyprus, UK, Mauritius	CySec, FCA, IFSC	MT4, MT5, Web	$10	Review Website
	Australia, Cyprus	ASIC	MT4, MT5, IRESSTrader	$100	Review Website
	UK, Cyprus, Australia	FCA, CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia, South Africa	FCA, ASIC, FSCA	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Australia, Singapore	FCA, ASIC, MAS, BaFin	MT4, Web, ProRealTime, 2Dealer	$0	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
	Cyprus, UK, South Africa, UAE	CySec, FCA, FSCA, DFSA	MT4, MT5, Web	$5	Review Website
	Cyprus, UK	CySEC, FCA	MT4, MT5	$1	Review Website
	UK, Cyprus, Hong Kong	FCA, CySEC, SFC	MT4, MT5, Web, PrimeTrader	$100	Review
	Cyprus	CySec	MT4, Web, Gwasy	$100	Review
	Cyprus, Australia	CySec, ASIC	MT4, Web, Mobile app	$100	Review
	Cyprus	CySEC	MT4, Web	$25	Review
	Cyprus	CySEC	in-house mobile app	$50	Review

AFM also plans to make ESMA’s product intervention measures permanent

Apr 18 2019 13:13:32 Jonathan Smith in Market

The Dutch financial regulator AFM announced its plans to make the product intervention measures of the European Securities and Markets Authority (ESMA) permanent. Read more

AFM also plans to make ESMA’s product intervention measures permanent

Apr 18 2019 13:13:32 Jonathan Smith in Market

The Dutch financial regulator AFM announced its plans to make the product intervention measures of the European Securities and Markets Authority (ESMA) permanent. Read more

Dutch financial regulator fines unregulated broker FPlus Trading

Feb 28 2019 15:07:35 Jonathan Smith in Market

The Dutch Authority for the Financial Markets (AFM) issued an official statement on Thursday, informing the public that it shall fine unregulated brokerage FPlus Trading. Read more

Dutch financial regulator fines unregulated broker FPlus Trading

Feb 28 2019 15:07:35 Jonathan Smith in Market

The Dutch Authority for the Financial Markets (AFM) issued an official statement on Thursday, informing the public that it shall fine unregulated brokerage FPlus Trading. Read more