{"id":834,"date":"2016-11-17T08:30:17","date_gmt":"2016-11-17T08:30:17","guid":{"rendered":"http:\/\/www.makemoneytradingreviews.com\/?page_id=834"},"modified":"2020-09-21T08:59:49","modified_gmt":"2020-09-21T08:59:49","slug":"afm-registered","status":"publish","type":"page","link":"https:\/\/www.makemoneytradingreviews.com\/afm-registered\/","title":{"rendered":"AFM Forex Brokers"},"content":{"rendered":"

The Forex markets are still booming worldwide and regardless of its unfriendly policies towards some other financial instruments, Holland is no different here. The Netherlands is a friendly environment for both domestic and the offshore Forex brokers in Holland with the Authority for the Financial Markets as the head national authority.<\/p>\n

What Does AFM Stand For?<\/h2>\n

\"afmThe AFM, short for Autoriteit Financielle Markten<\/a>, was founded in 2002 as part of the legislation taking out Securities Board of the Netherlands and moving the responsibilities for all financial products to this agency. The AFM is fully independent administrative body under the political jurisdiction of the Ministry of Finance. The authority is thus drawn for the agency to become the policymaker, enforcer of the laws, and the market regulator in the Netherlands. The AFM regulated brokers thus have strict regulation and have obligations when receiving the authorization and license, which include financial reporting for trading volume and data on regular basis, as well as disclosures on any major changes. While the foreign companies are invited to do business, such brokers will have to establish Netherlands-based executive and fully functioning offices.<\/p>\n

AFM Regulated Brokers Guarantee of Fair Practices<\/h3>\n

The AFM official site provides access to a register of all licensed Forex companies in Netherlands. The search engine makes it easy for anyone interested in a particular company to quickly find if it is listed and if there are any past or current issues with their licensing and general practices. AFM regulated brokers are required to observe very strict rules if they wish to maintain their licenses. Any breach of these terms can cause a broker to be de-listed and their license revoked. This means that finding a regulated Netherlands Forex brokers is pretty much a guarantee you will be in good hands and treated with the full respect you deserve as a trader.<\/p>\n

What Does it Take to Maintain an AFM License?<\/h3>\n

Every regulatory body has a checklist of sorts that every single broker needs to follow closely if they wish to keep offering their services and maintain the license. These items may be similar for most financial regulators, but every particular body has its individual stipulations as well. When it comes to AFM registered brokers, these are the things they must observe:<\/p>\n