Gibraltar Financial Services Commission

Gibraltar Financial Services Commission(FSC Gibraltar) is the financial regulator of Gibraltar. FSC Gibraltar is to promote good business, protect the public from financial loss and preserve Gibraltar’s good reputation as a financial services centre. 

FSC Gibraltar is to regulate the financial services industry in Gibraltar. Their aim is to protect consumers, enhance the reputation of Gibraltar as a quality finance services centre and promote good business. Their work focuses around three main functions: authorisation, supervision and enforcement.

The Regulatory Framework: Gibraltar Financial Services Commission Act.

Generally speaking, Gibraltar FSC-regulated broker profile will be found at the Financial Services Register page on Gibraltar FSC website. Try to find it and check if it will match the info from the broker website.

The detailed steps are as below:

1. Find the name of the forex broker, which you can get from the broker's website; 

2. Enter the name into the search bar on https://www.fsc.gi/regulated-entities ;

3. And you'll get the broker's contents on Gibraltar FSC website. At this time you will open the 'Financial Services Act 2019' and check if the broker has the authorization to provide 'C9 Financial contracts for differences' under 'Regulated activity' or '4 Foreign exchange services where these are connected to the provision of investment services' under 'Ancillary services (MiFID)';

4. If all the above steps have been done, don't forget to check the most important information: check if the firm details published on Gibraltar FSC website matches the ones you'll go to trade with, especially the website and email etc. 

If no, please keep away the broker because it's probably an unauthorized firm and your money will fall in danger.

Financial Services Act 2019' and check if the broker has the authorization to provide 'Rolling spot forex contract' to 'Retail' customer;

When you have disputes with a Gibraltar FSC-regulated broker, you can proceed the following ways:

1st way: The recommended way is to contact the broker directly and discuss with them to find a solution.

2nd way: If you're not satisfied with the broker's solution, you must pursue this through the Gibraltar courts. If you wish to seek any financial compensation, you must pursue this through Gibraltar Investor Compensation Schemesan(GICS) and Gibraltar Deposit Guarantee Scheme(GDGS). Before doing this, you should consider seeking professional advice at an early stage.