Regulation is the single most important factor when choosing a forex broker. Tier-1 regulators — the UK FCA, Australian ASIC, European ESMA/CySEC, US CFTC+NFA, Dubai DFSA, and South Africa FSCA — impose hard capital requirements, segregated client fund rules, negative balance protection, and complaint-handling procedures. Unregulated or offshore-only brokers offer none of these.
It is common for a broker group to hold multiple regulatory entities and route clients based on their country of residence. Exness Europe is CySEC-regulated, Exness UK is FCA-regulated, Exness (SC) is Seychelles-regulated. Read the fine print on the signup page to know which entity you are actually onboarding with.