{"id":1340,"date":"2016-11-29T08:26:48","date_gmt":"2016-11-29T08:26:48","guid":{"rendered":"http:\/\/www.makemoneytradingreviews.com\/?page_id=1340"},"modified":"2020-09-21T09:11:00","modified_gmt":"2020-09-21T09:11:00","slug":"mtr-registered","status":"publish","type":"page","link":"https:\/\/www.makemoneytradingreviews.com\/mtr-registered\/","title":{"rendered":"MTR Registered Forex Brokers in Estonia"},"content":{"rendered":"
The Forex market has spread from the major financial centers of London and New York to all parts of the world. In order to keep the market under control, each country had to make sure that proper regulation and supervision is in place. In Estonia, the supervision of the capital market is regulated under the Register of Economic Activity (MTR or Majandustegevuse Register<\/a>) kept by the Ministry of Economic Affairs and Communication of Estonia.<\/p>\n All operating companies in Estonia have to be entered in the MTR Register. All businesses obtain the corresponding license if they fulfill the criteria for registration and operation. This also applies to Forex brokers in Estonia, which have to be entered and duly registered in the MTR. The Ministry of Economic Affairs and Communication is in charge of monitoring activities which encourage entrepreneurship and innovation. The Ministry also encourages economic competitiveness, transparency and tries to protect the Estonian interest within the EU. As a part of the EU, Estonia has to align and harmonize its legislation with the EU laws, regulations, and directives. As far as the capital market is concerned, including Forex, the EU MiFD directive on the securities and financial market has to be respected and implemented. Many EU traders who trade in other countries have the luxury of enjoying the same rights wherever they trade within the EU. This establishes trust among investors and traders who are confident that the EU law will protect them from manipulative and scamming brokers. EU rules are very strict, and when it comes to the Forex market, Forex brokers have to meet very high standards to be able to operate. The Estonian Ministry of Economic Affairs and Communication monitors the Forex market as foreseen by the MiFD. Protection of consumers, fairness, and a healthy business environment are a part of the Ministry\u2019s mission.<\/p>\nMTR or Register of Economic Activity<\/h2>\n
Best Forex Brokers<\/h3>\n