🏆 Tier 1
National Futures Association (NFA)
📍 United States
95
/100
Trust Score
The NFA is the self-regulatory organization for the U.S. derivatives industry.
📋 Key Facts
| Full Name | National Futures Association |
| Country | United States |
| Established | 1982 |
| Trust Tier | Tier 1 |
| Brokers Regulated | 0 |
📊 Requirements
| Minimum Capital | $20,000,000 |
| Compensation Scheme | No specific scheme |
| Retail Leverage | 1:50 |
| Pro Leverage | 1:50 |
| Segregated Funds | ✓ Required |
| Negative Balance Protection | ✗ No |
✅ Advantages
- Highest capital requirements
- Strictest oversight globally
⚠️ Considerations
- Very limited broker choice
- Low leverage (1:50 max)
- No hedging allowed
🔑 Key Features of NFA Regulation
$20M minimum net capital
CFTC + NFA dual oversight
🔗 Other Tier 1 Regulators
✅ How to Verify a NFA License
1
Get the License Number
Find the broker's NFA license number on their website (usually in the footer).
2
Visit the Official Register
Go directly to NFA's official register. Never use links provided by the broker.
3
Search & Verify
Search by company name or license number. Confirm the license is active and covers forex/CFD services.
4
Check for Clone Firms
Verify the website URL matches exactly what's on the official register. Scammers copy legitimate broker details.