1, FCA: Britain is currently the country with the most complete financial services in the world, and all financial institutions registered in its territory are strictly supervised by the Financial Conduct Authority (FCA). In New Zealand, FCA will be less tolerant of risks than FSA, preferring to take preventive measures rather than sit back and watch the damage happen.
2.NFA: It is a non-commercial independent futures and foreign exchange trading regulator in the United States. However, after the Dodd-Frank Act was implemented on July 20, 2000, it was stipulated that the leveraged transactions of American banks or financial institutions should not exceed 50 times, so many foreign exchange companies withdrew their business from the United States.
-So, at present, the most stringent foreign exchange supervision is FCA in the UK, but it depends not only on supervision, but also on whether the foreign exchange platform is authorized by FCA to "hold customer funds". This qualification is the most important.