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Forex and CFD Compliance Services

InnReg provides compliance consulting and outsourcing for forex brokers, CFD platforms, introducing firms, managed-account businesses, and trading technology companies, from regulatory assessments and CFTC/NFA registration workstreams to supervisory programs, ongoing compliance, testing, and regulatory reviews.

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Since 2013

100+ fintechs supported

CFTC and NFA experience

SOC 2® Type 2 Report

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Forex and CFD Compliance Services
CFTC Registration
NFA Membership
RFED Compliance
Forex Dealer Members
Series 3 and Series 34
Supervisory Procedures
Risk Disclosures
Promotional Material
Trading System Controls
Security Deposits
Regulatory Reporting
CFD Retail Protections
Regulatory Examinations

Different Products and Markets Require Different Compliance Paths

Different Products and Markets Require Different Compliance Paths

"Forex broker" and "CFD platform" can describe businesses operating under very different regulatory frameworks.

In the United States, the Commodity Exchange Act and CFTC Part 5 govern specified off-exchange foreign currency transactions with retail customers. Firms acting as counterparties generally operate within the RFED or qualifying FCM framework unless another statutory category applies. Firms introducing customers, exercising trading authority, or operating pools can trigger separate IB, CTA, or CPO registration requirements.

Contracts for difference require a different analysis. A CFD creates economic exposure to an underlying asset without transferring ownership of that asset, and U.S. regulators determine its treatment based on the underlying product and the contract's features. A CFD can constitute a swap or security-based swap, and other leveraged retail commodity requirements may also apply. An overseas CFD authorization therefore does not provide a general right to offer CFDs to U.S. retail customers.

Outside the United States, retail CFDs are offered in jurisdictions that permit them under local investment-services frameworks. The United Kingdom, European Union, and Australia, for example, impose extensive retail protections covering leverage, margin close-out, negative-balance protection, appropriateness, promotions, and product distribution.

InnReg helps determine which framework applies before building the compliance program around it. We can support U.S. CFTC and NFA registration workstreams, develop supervisory and operating procedures, help manage recurring compliance, review customer communications, test controls, and assess cross-border product changes. Where local authorization or legal interpretation is required outside the United States, we coordinate the compliance work with qualified local counsel or specialists.

Planning to Offer Retail Forex in the United States?

InnReg can assess the proposed business, registration category, personnel, capital and operating model and support the applicable CFTC registration and NFA membership workstreams.

Explore CFTC Registration and NFA Membership Services

Firm Types

Who We Work With

InnReg supports broker-dealers with different business models, operating structures, and compliance needs.

U.S. Retail Forex Dealers

RFEDs and qualifying FCMs acting as counterparties to off-exchange retail foreign currency transactions under the CFTC and NFA framework.

U.S. Retail Forex Dealers

RFEDs and qualifying FCMs acting as counterparties to off-exchange retail foreign currency transactions under the CFTC and NFA framework.

Forex Introducing, Advisory and Managed-Account Firms

Introducing brokers, commodity trading advisors, commodity pool operators, and businesses providing managed-account or trading-strategy services involving retail forex.

Forex Introducing, Advisory and Managed-Account Firms

Introducing brokers, commodity trading advisors, commodity pool operators, and businesses providing managed-account or trading-strategy services involving retail forex.

Institutional and Professional FX Platforms

Platforms serving institutional or eligible contract participant markets, where the regulatory analysis differs from the CFTC retail forex framework and depends on the products and activities performed.

Institutional and Professional FX Platforms

Platforms serving institutional or eligible contract participant markets, where the regulatory analysis differs from the CFTC retail forex framework and depends on the products and activities performed.

Authorized CFD Providers

Businesses offering CFDs, rolling spot forex, spread-betting, or similar leveraged products in jurisdictions where those activities are authorized and subject to local conduct and retail-protection requirements.

Authorized CFD Providers

Businesses offering CFDs, rolling spot forex, spread-betting, or similar leveraged products in jurisdictions where those activities are authorized and subject to local conduct and retail-protection requirements.

Copy Trading and Automated Strategy Platforms

Businesses offering copying, allocation, signals, discretionary execution, or automated strategies where advice, trading authority, solicitation, compensation, and customer classification require separate analysis.

Copy Trading and Automated Strategy Platforms

Businesses offering copying, allocation, signals, discretionary execution, or automated strategies where advice, trading authority, solicitation, compensation, and customer classification require separate analysis.

Multi-Entity and White-Label Trading Businesses

Groups operating through several regulated entities, affiliates, introducers, technology providers, or white-label arrangements that need clear controls over customer access, branding, execution, responsibilities, and geographic restrictions.

Multi-Entity and White-Label Trading Businesses

Groups operating through several regulated entities, affiliates, introducers, technology providers, or white-label arrangements that need clear controls over customer access, branding, execution, responsibilities, and geographic restrictions.

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Requirements

Key Compliance Areas for Forex and CFD Platforms

Forex and CFD compliance depends on the product, customer type, counterparty role, trading model, and jurisdiction. Retail forex, exchange-traded currency futures, institutional spot FX, CFDs, spread bets, and managed forex accounts should not be treated as the same regulatory product.

U.S. Retail Forex Registration and Permitted Activities

CFTC retail forex rules apply to specified off-exchange foreign currency transactions with customers who are not eligible contract participants. Dealers generally operate as RFEDs or qualifying FCMs, while introducing, advisory, or pooled activity can trigger IB, CTA, or CPO registration. Form 7-R, Form 8-R, NFA membership, and applicable Series 3 and Series 34 requirements may apply.

Trading, Pricing, Order Handling, and Electronic Systems

NFA guidance requires FDMs to supervise electronic trading systems and conduct the required annual system review. NFA Rule 2-43 also restricts specified order cancellations and price adjustments and generally requires FIFO treatment of offsetting positions. Procedures should cover pricing, slippage, rejected orders, manual adjustments, outages, complaints, and other execution exceptions.

Communications, Performance Claims, and Introducing Relationships

NFA promotional-material requirements apply to covered retail forex communications, including websites, social media, affiliates, introducing brokers, performance claims, hypothetical results, leverage claims, and risk disclosures. Multi-entity and white-label businesses should also make clear which entity solicits the customer, holds the account, acts as counterparty, and is responsible for the regulated relationship.

Supervision, Governance, and the FDM Compliance Program

NFA Compliance Rule 2-36 requires Forex Dealer Members to maintain supervisory systems appropriate to their retail forex business. FDMs must also designate a CCO who is listed as a principal and prepare the required annual compliance report. Governance should connect supervision with trading, financial controls, risk management, complaints, personnel, and regulatory reporting.

Capital, Security Deposits, and Financial Controls

NFA Financial Requirements Section 11 requires FDMs to maintain adjusted net capital under the applicable formulas, including a $20 million base requirement. Current minimum security deposits are generally 2% for specified major currencies and 5% for others. Retail forex customer funds do not receive the same statutory segregation protections as futures customer funds.

AML, Customer Due Diligence, Sanctions, and Fraud

NFA Member FCMs and IBs are subject to NFA Compliance Rule 2-9(c) and applicable BSA AML requirements, including internal controls, customer identification, training, independent testing, monitoring, and suspicious-activity reporting. OFAC sanctions obligations are separate. RFED and other entity-specific requirements should be assessed based on the firm's actual registration and business model.

Customer Information, Risk Disclosure, and Account Opening

FDMs and forex IBs must obtain specified customer information and provide required retail forex risk disclosures before trading. The framework also includes prescribed customer profitability disclosures, and FDMs provide information about NFA BASIC at account opening and annually thereafter. Digital onboarding should capture delivery, acknowledgement, and required customer information rather than relying on generic disclosures.

Regulatory Reporting, Books and Records, and Annual Requirements

NFA Rule 2-48 requires FDMs to submit daily electronic forex trade data. Firms can also have financial reports, audited statements, risk reports, annual CCO reporting, registration updates, system reviews, self-examinations, and event-driven notices. Records should support reconstruction of trading, pricing, complaints, supervision, adjustments, and regulatory submissions.

CFDs and Cross-Border Retail Trading

Whether a CFD is treated as a swap or security-based swap in the United States depends on its underlying product and contract terms, so offshore authorization does not generally permit U.S. retail solicitation. UK, EU, and Australian retail CFD regimes separately impose protections such as leverage limits, margin close-out, negative-balance protection, and prescribed risk warnings.

U.S. Retail Forex Registration and Permitted Activities

CFTC retail forex rules apply to specified off-exchange foreign currency transactions with customers who are not eligible contract participants. Dealers generally operate as RFEDs or qualifying FCMs, while introducing, advisory, or pooled activity can trigger IB, CTA, or CPO registration. Form 7-R, Form 8-R, NFA membership, and applicable Series 3 and Series 34 requirements may apply.

Supervision, Governance, and the FDM Compliance Program

NFA Compliance Rule 2-36 requires Forex Dealer Members to maintain supervisory systems appropriate to their retail forex business. FDMs must also designate a CCO who is listed as a principal and prepare the required annual compliance report. Governance should connect supervision with trading, financial controls, risk management, complaints, personnel, and regulatory reporting.

Customer Information, Risk Disclosure, and Account Opening

FDMs and forex IBs must obtain specified customer information and provide required retail forex risk disclosures before trading. The framework also includes prescribed customer profitability disclosures, and FDMs provide information about NFA BASIC at account opening and annually thereafter. Digital onboarding should capture delivery, acknowledgement, and required customer information rather than relying on generic disclosures.

Trading, Pricing, Order Handling, and Electronic Systems

NFA guidance requires FDMs to supervise electronic trading systems and conduct the required annual system review. NFA Rule 2-43 also restricts specified order cancellations and price adjustments and generally requires FIFO treatment of offsetting positions. Procedures should cover pricing, slippage, rejected orders, manual adjustments, outages, complaints, and other execution exceptions.

Capital, Security Deposits, and Financial Controls

NFA Financial Requirements Section 11 requires FDMs to maintain adjusted net capital under the applicable formulas, including a $20 million base requirement. Current minimum security deposits are generally 2% for specified major currencies and 5% for others. Retail forex customer funds do not receive the same statutory segregation protections as futures customer funds.

Regulatory Reporting, Books and Records, and Annual Requirements

NFA Rule 2-48 requires FDMs to submit daily electronic forex trade data. Firms can also have financial reports, audited statements, risk reports, annual CCO reporting, registration updates, system reviews, self-examinations, and event-driven notices. Records should support reconstruction of trading, pricing, complaints, supervision, adjustments, and regulatory submissions.

Communications, Performance Claims, and Introducing Relationships

NFA promotional-material requirements apply to covered retail forex communications, including websites, social media, affiliates, introducing brokers, performance claims, hypothetical results, leverage claims, and risk disclosures. Multi-entity and white-label businesses should also make clear which entity solicits the customer, holds the account, acts as counterparty, and is responsible for the regulated relationship.

AML, Customer Due Diligence, Sanctions, and Fraud

NFA Member FCMs and IBs are subject to NFA Compliance Rule 2-9(c) and applicable BSA AML requirements, including internal controls, customer identification, training, independent testing, monitoring, and suspicious-activity reporting. OFAC sanctions obligations are separate. RFED and other entity-specific requirements should be assessed based on the firm's actual registration and business model.

CFDs and Cross-Border Retail Trading

Whether a CFD is treated as a swap or security-based swap in the United States depends on its underlying product and contract terms, so offshore authorization does not generally permit U.S. retail solicitation. UK, EU, and Australian retail CFD regimes separately impose protections such as leverage limits, margin close-out, negative-balance protection, and prescribed risk warnings.

U.S. Retail Forex Registration and Permitted Activities

CFTC retail forex rules apply to specified off-exchange foreign currency transactions with customers who are not eligible contract participants. Dealers generally operate as RFEDs or qualifying FCMs, while introducing, advisory, or pooled activity can trigger IB, CTA, or CPO registration. Form 7-R, Form 8-R, NFA membership, and applicable Series 3 and Series 34 requirements may apply.

Supervision, Governance, and the FDM Compliance Program

NFA Compliance Rule 2-36 requires Forex Dealer Members to maintain supervisory systems appropriate to their retail forex business. FDMs must also designate a CCO who is listed as a principal and prepare the required annual compliance report. Governance should connect supervision with trading, financial controls, risk management, complaints, personnel, and regulatory reporting.

Customer Information, Risk Disclosure, and Account Opening

FDMs and forex IBs must obtain specified customer information and provide required retail forex risk disclosures before trading. The framework also includes prescribed customer profitability disclosures, and FDMs provide information about NFA BASIC at account opening and annually thereafter. Digital onboarding should capture delivery, acknowledgement, and required customer information rather than relying on generic disclosures.

Trading, Pricing, Order Handling, and Electronic Systems

NFA guidance requires FDMs to supervise electronic trading systems and conduct the required annual system review. NFA Rule 2-43 also restricts specified order cancellations and price adjustments and generally requires FIFO treatment of offsetting positions. Procedures should cover pricing, slippage, rejected orders, manual adjustments, outages, complaints, and other execution exceptions.

Capital, Security Deposits, and Financial Controls

NFA Financial Requirements Section 11 requires FDMs to maintain adjusted net capital under the applicable formulas, including a $20 million base requirement. Current minimum security deposits are generally 2% for specified major currencies and 5% for others. Retail forex customer funds do not receive the same statutory segregation protections as futures customer funds.

Regulatory Reporting, Books and Records, and Annual Requirements

NFA Rule 2-48 requires FDMs to submit daily electronic forex trade data. Firms can also have financial reports, audited statements, risk reports, annual CCO reporting, registration updates, system reviews, self-examinations, and event-driven notices. Records should support reconstruction of trading, pricing, complaints, supervision, adjustments, and regulatory submissions.

Communications, Performance Claims, and Introducing Relationships

NFA promotional-material requirements apply to covered retail forex communications, including websites, social media, affiliates, introducing brokers, performance claims, hypothetical results, leverage claims, and risk disclosures. Multi-entity and white-label businesses should also make clear which entity solicits the customer, holds the account, acts as counterparty, and is responsible for the regulated relationship.

AML, Customer Due Diligence, Sanctions, and Fraud

NFA Member FCMs and IBs are subject to NFA Compliance Rule 2-9(c) and applicable BSA AML requirements, including internal controls, customer identification, training, independent testing, monitoring, and suspicious-activity reporting. OFAC sanctions obligations are separate. RFED and other entity-specific requirements should be assessed based on the firm's actual registration and business model.

CFDs and Cross-Border Retail Trading

Whether a CFD is treated as a swap or security-based swap in the United States depends on its underlying product and contract terms, so offshore authorization does not generally permit U.S. retail solicitation. UK, EU, and Australian retail CFD regimes separately impose protections such as leverage limits, margin close-out, negative-balance protection, and prescribed risk warnings.

How We Help

How InnReg Supports Forex and CFD Platforms

InnReg can support a defined registration or market-entry project, build the compliance framework, supplement an existing compliance department, or administer recurring functions. The scope is based on the products, regulatory entities, customer categories, markets, and trading model involved.

Regulatory Strategy Services

Assessing the Regulatory Model and Supporting Registration

Before launching a forex or CFD business, the firm needs to determine which entity will provide the product, who acts as counterparty, who solicits customers, whether anyone exercises trading authority, which customers will be served, and where those customers are located.

InnReg can assess that structure and turn the results into a regulatory workplan.

For U.S. retail forex businesses, we can support CFTC and NFA workstreams involving RFED, FCM, IB, CTA, or CPO status as applicable. For cross-border CFD models, we can identify jurisdictional dependencies and coordinate the compliance project with local legal and authorization specialists rather than assuming an overseas permission can be used globally.

Support can include:

  • Product and regulatory-perimeter assessment

  • Entity and customer mapping

  • RFED, FCM, IB, CTA, or CPO analysis

  • CFTC registration and NFA membership workstreams

  • Form 7-R and supporting entity materials

  • Principal and AP planning

  • Series 3 and Series 34 proficiency planning

  • Business and operating descriptions

  • Financial and organizational materials

  • Supervisory and compliance documentation

  • Regulatory questions and responses

  • Pre-launch readiness planning

Explore Licensing Services

Regulatory Strategy Services

Assessing the Regulatory Model and Supporting Registration

Before launching a forex or CFD business, the firm needs to determine which entity will provide the product, who acts as counterparty, who solicits customers, whether anyone exercises trading authority, which customers will be served, and where those customers are located.

InnReg can assess that structure and turn the results into a regulatory workplan.

For U.S. retail forex businesses, we can support CFTC and NFA workstreams involving RFED, FCM, IB, CTA, or CPO status as applicable. For cross-border CFD models, we can identify jurisdictional dependencies and coordinate the compliance project with local legal and authorization specialists rather than assuming an overseas permission can be used globally.

Support can include:

  • Product and regulatory-perimeter assessment

  • Entity and customer mapping

  • RFED, FCM, IB, CTA, or CPO analysis

  • CFTC registration and NFA membership workstreams

  • Form 7-R and supporting entity materials

  • Principal and AP planning

  • Series 3 and Series 34 proficiency planning

  • Business and operating descriptions

  • Financial and organizational materials

  • Supervisory and compliance documentation

  • Regulatory questions and responses

  • Pre-launch readiness planning

Explore Licensing Services

Regulatory Strategy Services

Assessing the Regulatory Model and Supporting Registration

Before launching a forex or CFD business, the firm needs to determine which entity will provide the product, who acts as counterparty, who solicits customers, whether anyone exercises trading authority, which customers will be served, and where those customers are located.

InnReg can assess that structure and turn the results into a regulatory workplan.

For U.S. retail forex businesses, we can support CFTC and NFA workstreams involving RFED, FCM, IB, CTA, or CPO status as applicable. For cross-border CFD models, we can identify jurisdictional dependencies and coordinate the compliance project with local legal and authorization specialists rather than assuming an overseas permission can be used globally.

Support can include:

  • Product and regulatory-perimeter assessment

  • Entity and customer mapping

  • RFED, FCM, IB, CTA, or CPO analysis

  • CFTC registration and NFA membership workstreams

  • Form 7-R and supporting entity materials

  • Principal and AP planning

  • Series 3 and Series 34 proficiency planning

  • Business and operating descriptions

  • Financial and organizational materials

  • Supervisory and compliance documentation

  • Regulatory questions and responses

  • Pre-launch readiness planning

Explore Services

Compliance Program Development

Building the Supervisory, Trading, and Customer Compliance Program

A forex compliance program should reflect what happens between customer onboarding and final withdrawal.

InnReg develops programs around the firm's customer base, trading system, counterparty model, execution process, introducing relationships, funding arrangements, financial controls, technology, and providers.

For a U.S. FDM, the work can connect NFA Rule 2-36 obligations with actual account-opening, trading, supervision, complaints, financial, and reporting processes. For an authorized CFD provider, the scope can instead be mapped to the relevant local authorization and customer-protection regime.

Representative areas of support include:

  • Written supervisory and compliance procedures

  • Customer onboarding and classification

  • Risk-disclosure workflows

  • Associated-person supervision

  • Promotional-material controls

  • Trading and order-handling procedures

  • Pricing and execution controls

  • Complaint procedures

  • Financial and security-deposit procedures

  • AML and sanctions procedures where applicable

  • Electronic trading system controls

  • Cybersecurity and business continuity

  • Provider and introducing-relationship oversight

  • Regulatory reporting procedures

  • Training and implementation readiness

Explore Compliance Program Development

Compliance Program Development

Building the Supervisory, Trading, and Customer Compliance Program

A forex compliance program should reflect what happens between customer onboarding and final withdrawal.

InnReg develops programs around the firm's customer base, trading system, counterparty model, execution process, introducing relationships, funding arrangements, financial controls, technology, and providers.

For a U.S. FDM, the work can connect NFA Rule 2-36 obligations with actual account-opening, trading, supervision, complaints, financial, and reporting processes. For an authorized CFD provider, the scope can instead be mapped to the relevant local authorization and customer-protection regime.

Representative areas of support include:

  • Written supervisory and compliance procedures

  • Customer onboarding and classification

  • Risk-disclosure workflows

  • Associated-person supervision

  • Promotional-material controls

  • Trading and order-handling procedures

  • Pricing and execution controls

  • Complaint procedures

  • Financial and security-deposit procedures

  • AML and sanctions procedures where applicable

  • Electronic trading system controls

  • Cybersecurity and business continuity

  • Provider and introducing-relationship oversight

  • Regulatory reporting procedures

  • Training and implementation readiness

Explore Compliance Program Development

Compliance Program Development

Building the Supervisory, Trading, and Customer Compliance Program

A forex compliance program should reflect what happens between customer onboarding and final withdrawal.

InnReg develops programs around the firm's customer base, trading system, counterparty model, execution process, introducing relationships, funding arrangements, financial controls, technology, and providers.

For a U.S. FDM, the work can connect NFA Rule 2-36 obligations with actual account-opening, trading, supervision, complaints, financial, and reporting processes. For an authorized CFD provider, the scope can instead be mapped to the relevant local authorization and customer-protection regime.

Representative areas of support include:

  • Written supervisory and compliance procedures

  • Customer onboarding and classification

  • Risk-disclosure workflows

  • Associated-person supervision

  • Promotional-material controls

  • Trading and order-handling procedures

  • Pricing and execution controls

  • Complaint procedures

  • Financial and security-deposit procedures

  • AML and sanctions procedures where applicable

  • Electronic trading system controls

  • Cybersecurity and business continuity

  • Provider and introducing-relationship oversight

  • Regulatory reporting procedures

  • Training and implementation readiness

Explore Services

Compliance Managed Services

Managing Ongoing Forex and CFD Compliance

Registration and authorization create recurring operational work.

Customer disclosures need to remain current. Promotions need review. New Associated Persons may need registration. Platform changes can affect execution controls. Regulatory reports have deadlines. Complaints and trading exceptions need investigation. New jurisdictions require analysis before customer access expands.

InnReg can work as an extension of the internal compliance function and administer agreed workstreams.

Ongoing support can include:

  • Compliance calendar management

  • Registration and personnel maintenance

  • Regulatory filings

  • CCO reporting support

  • NFA Self-Examination coordination

  • Risk and supervisory reviews

  • Promotional-material reviews

  • Customer disclosure maintenance

  • Complaint reviews

  • Trading and execution exception reviews

  • Provider and introducer oversight

  • Regulatory-change analysis

  • New-product reviews

  • Regulatory inquiries

  • Corrective-action tracking

The engagement identifies functions that require performance or approval by a specifically registered or qualified individual and keeps those responsibilities with the appropriate person.

Explore Compliance Program Management

Compliance Managed Services

Managing Ongoing Forex and CFD Compliance

Registration and authorization create recurring operational work.

Customer disclosures need to remain current. Promotions need review. New Associated Persons may need registration. Platform changes can affect execution controls. Regulatory reports have deadlines. Complaints and trading exceptions need investigation. New jurisdictions require analysis before customer access expands.

InnReg can work as an extension of the internal compliance function and administer agreed workstreams.

Ongoing support can include:

  • Compliance calendar management

  • Registration and personnel maintenance

  • Regulatory filings

  • CCO reporting support

  • NFA Self-Examination coordination

  • Risk and supervisory reviews

  • Promotional-material reviews

  • Customer disclosure maintenance

  • Complaint reviews

  • Trading and execution exception reviews

  • Provider and introducer oversight

  • Regulatory-change analysis

  • New-product reviews

  • Regulatory inquiries

  • Corrective-action tracking

The engagement identifies functions that require performance or approval by a specifically registered or qualified individual and keeps those responsibilities with the appropriate person.

Explore Compliance Program Management

Compliance Managed Services

Managing Ongoing Forex and CFD Compliance

Registration and authorization create recurring operational work.

Customer disclosures need to remain current. Promotions need review. New Associated Persons may need registration. Platform changes can affect execution controls. Regulatory reports have deadlines. Complaints and trading exceptions need investigation. New jurisdictions require analysis before customer access expands.

InnReg can work as an extension of the internal compliance function and administer agreed workstreams.

Ongoing support can include:

  • Compliance calendar management

  • Registration and personnel maintenance

  • Regulatory filings

  • CCO reporting support

  • NFA Self-Examination coordination

  • Risk and supervisory reviews

  • Promotional-material reviews

  • Customer disclosure maintenance

  • Complaint reviews

  • Trading and execution exception reviews

  • Provider and introducer oversight

  • Regulatory-change analysis

  • New-product reviews

  • Regulatory inquiries

  • Corrective-action tracking

The engagement identifies functions that require performance or approval by a specifically registered or qualified individual and keeps those responsibilities with the appropriate person.

Explore Services

Outsourced Compliance Officers

Supporting CCOs and Compliance Leadership

Regulated forex and CFD firms can require senior compliance personnel with defined authority, qualifications, reporting lines, and access to the business.

A U.S. Forex Dealer Member must designate a CCO who is also listed as a principal, and the CCO has specific annual reporting responsibilities. Other entities and jurisdictions impose different compliance-leadership requirements.

InnReg can supplement an internal CCO or compliance department and, where an outsourced role is appropriate and all registration and proficiency requirements are satisfied, provide designated compliance resources.

Support can include:

  • Compliance work planning

  • CCO support

  • Management and board reporting

  • Annual compliance-report preparation

  • Supervisory escalation

  • Regulatory-change management

  • Review of material trading or customer issues

  • Regulatory inquiries and examinations

  • Remediation oversight

  • Coordination with trading, finance, operations, risk, and technology

Specific NFA roles are verified separately before assignment. For example, a person soliciting or supervising U.S. retail forex activity generally must satisfy the applicable forex AP proficiency requirements, which ordinarily include Series 34 in addition to Series 3.

Explore Outsourced Officers

Outsourced Compliance Officers

Supporting CCOs and Compliance Leadership

Regulated forex and CFD firms can require senior compliance personnel with defined authority, qualifications, reporting lines, and access to the business.

A U.S. Forex Dealer Member must designate a CCO who is also listed as a principal, and the CCO has specific annual reporting responsibilities. Other entities and jurisdictions impose different compliance-leadership requirements.

InnReg can supplement an internal CCO or compliance department and, where an outsourced role is appropriate and all registration and proficiency requirements are satisfied, provide designated compliance resources.

Support can include:

  • Compliance work planning

  • CCO support

  • Management and board reporting

  • Annual compliance-report preparation

  • Supervisory escalation

  • Regulatory-change management

  • Review of material trading or customer issues

  • Regulatory inquiries and examinations

  • Remediation oversight

  • Coordination with trading, finance, operations, risk, and technology

Specific NFA roles are verified separately before assignment. For example, a person soliciting or supervising U.S. retail forex activity generally must satisfy the applicable forex AP proficiency requirements, which ordinarily include Series 34 in addition to Series 3.

Explore Outsourced Officers

Outsourced Compliance Officers

Supporting CCOs and Compliance Leadership

Regulated forex and CFD firms can require senior compliance personnel with defined authority, qualifications, reporting lines, and access to the business.

A U.S. Forex Dealer Member must designate a CCO who is also listed as a principal, and the CCO has specific annual reporting responsibilities. Other entities and jurisdictions impose different compliance-leadership requirements.

InnReg can supplement an internal CCO or compliance department and, where an outsourced role is appropriate and all registration and proficiency requirements are satisfied, provide designated compliance resources.

Support can include:

  • Compliance work planning

  • CCO support

  • Management and board reporting

  • Annual compliance-report preparation

  • Supervisory escalation

  • Regulatory-change management

  • Review of material trading or customer issues

  • Regulatory inquiries and examinations

  • Remediation oversight

  • Coordination with trading, finance, operations, risk, and technology

Specific NFA roles are verified separately before assignment. For example, a person soliciting or supervising U.S. retail forex activity generally must satisfy the applicable forex AP proficiency requirements, which ordinarily include Series 34 in addition to Series 3.

Explore Services

Compliance Audit and Testing

Testing Controls and Preparing for NFA or Regulatory Reviews

Written procedures should correspond to evidence showing that the controls actually operate.

InnReg can perform targeted compliance testing and support preparation for NFA, CFTC, or other applicable regulatory examinations and reviews.

Testing can include:

  • Customer onboarding and disclosure sampling

  • Associated-person supervision

  • Promotional-material review

  • Trading and execution controls

  • Order adjustments and exception handling

  • Customer complaint files

  • Registration and filing controls

  • Electronic trading system governance

  • AML testing where applicable and sufficiently independent

  • Sanctions controls

  • Provider oversight

  • Policy implementation

  • Regulatory-reporting controls

  • Findings and remediation

We can also help organize examination materials, prepare personnel, coordinate responses, analyze findings, develop corrective-action plans, and conduct follow-up reviews.

Financial-statement audits, cybersecurity penetration testing, trading-system technical assurance, and other specialist reviews requiring separate qualifications remain distinct workstreams.

Explore Compliance Audit and Testing

Compliance Audit and Testing

Testing Controls and Preparing for NFA or Regulatory Reviews

Written procedures should correspond to evidence showing that the controls actually operate.

InnReg can perform targeted compliance testing and support preparation for NFA, CFTC, or other applicable regulatory examinations and reviews.

Testing can include:

  • Customer onboarding and disclosure sampling

  • Associated-person supervision

  • Promotional-material review

  • Trading and execution controls

  • Order adjustments and exception handling

  • Customer complaint files

  • Registration and filing controls

  • Electronic trading system governance

  • AML testing where applicable and sufficiently independent

  • Sanctions controls

  • Provider oversight

  • Policy implementation

  • Regulatory-reporting controls

  • Findings and remediation

We can also help organize examination materials, prepare personnel, coordinate responses, analyze findings, develop corrective-action plans, and conduct follow-up reviews.

Financial-statement audits, cybersecurity penetration testing, trading-system technical assurance, and other specialist reviews requiring separate qualifications remain distinct workstreams.

Explore Compliance Audit and Testing

Compliance Audit and Testing

Testing Controls and Preparing for NFA or Regulatory Reviews

Written procedures should correspond to evidence showing that the controls actually operate.

InnReg can perform targeted compliance testing and support preparation for NFA, CFTC, or other applicable regulatory examinations and reviews.

Testing can include:

  • Customer onboarding and disclosure sampling

  • Associated-person supervision

  • Promotional-material review

  • Trading and execution controls

  • Order adjustments and exception handling

  • Customer complaint files

  • Registration and filing controls

  • Electronic trading system governance

  • AML testing where applicable and sufficiently independent

  • Sanctions controls

  • Provider oversight

  • Policy implementation

  • Regulatory-reporting controls

  • Findings and remediation

We can also help organize examination materials, prepare personnel, coordinate responses, analyze findings, develop corrective-action plans, and conduct follow-up reviews.

Financial-statement audits, cybersecurity penetration testing, trading-system technical assurance, and other specialist reviews requiring separate qualifications remain distinct workstreams.

Explore Services

Licensing Services

Assessing New Products, Markets, and Entity Structures

A platform's original regulatory framework may no longer fit after the business expands.

Examples include:

  • Entering the U.S. market

  • Adding retail customers

  • Adding institutional customers

  • Launching CFDs

  • Adding crypto CFDs or perpetual-style products

  • Adding commodities or equity-linked products

  • Introducing leverage

  • Changing execution or liquidity providers

  • Introducing a white-label partner

  • Adding copy trading

  • Adding discretionary management

  • Moving customer funds

  • Expanding through affiliates

  • Changing client-money arrangements

  • Entering a new jurisdiction

InnReg can assess the impact before implementation and identify required changes to permissions, registrations, personnel, disclosures, policies, controls, and customer access.

Explore Regulatory Strategy

Licensing Services

Assessing New Products, Markets, and Entity Structures

A platform's original regulatory framework may no longer fit after the business expands.

Examples include:

  • Entering the U.S. market

  • Adding retail customers

  • Adding institutional customers

  • Launching CFDs

  • Adding crypto CFDs or perpetual-style products

  • Adding commodities or equity-linked products

  • Introducing leverage

  • Changing execution or liquidity providers

  • Introducing a white-label partner

  • Adding copy trading

  • Adding discretionary management

  • Moving customer funds

  • Expanding through affiliates

  • Changing client-money arrangements

  • Entering a new jurisdiction

InnReg can assess the impact before implementation and identify required changes to permissions, registrations, personnel, disclosures, policies, controls, and customer access.

Explore Regulatory Strategy

Licensing Services

Assessing New Products, Markets, and Entity Structures

A platform's original regulatory framework may no longer fit after the business expands.

Examples include:

  • Entering the U.S. market

  • Adding retail customers

  • Adding institutional customers

  • Launching CFDs

  • Adding crypto CFDs or perpetual-style products

  • Adding commodities or equity-linked products

  • Introducing leverage

  • Changing execution or liquidity providers

  • Introducing a white-label partner

  • Adding copy trading

  • Adding discretionary management

  • Moving customer funds

  • Expanding through affiliates

  • Changing client-money arrangements

  • Entering a new jurisdiction

InnReg can assess the impact before implementation and identify required changes to permissions, registrations, personnel, disclosures, policies, controls, and customer access.

Explore Services

Our Methodology

How We Work With Forex and CFD Platforms

Forex and CFD engagements often involve multiple entities, trading systems, customer categories, liquidity or execution providers, financial controls, and jurisdictions. InnReg uses a structured delivery model to connect the regulatory analysis to those operating dependencies.

01

Understand the Products, Entities, and Markets

We begin by reviewing the instruments, legal entities, customer types, registrations or authorizations, jurisdictions, distribution channels, trading system, execution model, pricing, customer funds, introducing relationships, providers, and existing compliance program.

We then identify the priority workstreams and information needed to move them forward.

01

Understand the Products, Entities, and Markets

We begin by reviewing the instruments, legal entities, customer types, registrations or authorizations, jurisdictions, distribution channels, trading system, execution model, pricing, customer funds, introducing relationships, providers, and existing compliance program.

We then identify the priority workstreams and information needed to move them forward.

02

Establish the Team and Define Responsibilities

Each engagement has a primary InnReg project lead who coordinates the day-to-day work. Additional derivatives, supervisory, AML, testing, or regulatory specialists are involved based on the scope.

We clarify responsibilities across management, compliance, trading, dealing, customer operations, finance, risk, technology, legal counsel, and external providers. Functions requiring particular registrations or proficiency are assigned only to appropriately qualified personnel.

02

Establish the Team and Define Responsibilities

Each engagement has a primary InnReg project lead who coordinates the day-to-day work. Additional derivatives, supervisory, AML, testing, or regulatory specialists are involved based on the scope.

We clarify responsibilities across management, compliance, trading, dealing, customer operations, finance, risk, technology, legal counsel, and external providers. Functions requiring particular registrations or proficiency are assigned only to appropriately qualified personnel.

03

Execute and Track the Work

Applications, regulatory submissions, policies, customer disclosures, trading reviews, financial and operational inputs, testing, regulatory requests, and remediation are tracked through an organized project-management process.

InnReg commonly uses tools such as Asana and Google Drive and can work within agreed client systems. Recurring meetings and established communication channels keep regulatory and operational dependencies visible.

03

Execute and Track the Work

Applications, regulatory submissions, policies, customer disclosures, trading reviews, financial and operational inputs, testing, regulatory requests, and remediation are tracked through an organized project-management process.

InnReg commonly uses tools such as Asana and Google Drive and can work within agreed client systems. Recurring meetings and established communication channels keep regulatory and operational dependencies visible.

04

Review, Escalate, and Adapt

Trading issues, financial deficiencies, customer complaints, promotional concerns, regulatory findings, market-entry questions, or material platform changes may require additional review by senior personnel, registered individuals, legal counsel, finance specialists, or other subject matter experts.

We maintain defined escalation paths and revisit the compliance framework as products, jurisdictions, customer categories, personnel, and trading systems change.

04

Review, Escalate, and Adapt

Trading issues, financial deficiencies, customer complaints, promotional concerns, regulatory findings, market-entry questions, or material platform changes may require additional review by senior personnel, registered individuals, legal counsel, finance specialists, or other subject matter experts.

We maintain defined escalation paths and revisit the compliance framework as products, jurisdictions, customer categories, personnel, and trading systems change.

Resources

Latest Content

Articles

Downloads

Why Blue Sky Laws Matter for Modern Fintech

Why Blue Sky Laws Matter for Modern Fintech

Broker-Dealers

Registered Investment Advisors (RIA)

Alternative Trading Systems (ATS)

Tarik Abdala

·

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11 min read

What Is Algorithmic Trading in Financial Markets?

What Is Algorithmic Trading in Financial Markets?

Broker-Dealers

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·

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15 min read

KYC Requirements and Due Diligence in Fintech Explained

KYC Requirements and Due Diligence in Fintech Explained

Broker-Dealers

Registered Investment Advisors (RIA)

Alternative Trading Systems (ATS)

Maria Gowland

·

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15 min read

What Is Insider Trading in Fintech? A Practical Guide

What Is Insider Trading in Fintech? A Practical Guide

Broker-Dealers

Registered Investment Advisors (RIA)

Alternative Trading Systems (ATS)

Maria Gowland

·

·

22 min read

15 Fintech Trends to Keep an Eye Out for

15 Fintech Trends to Keep an Eye Out for in 2026

Broker-Dealers

Registered Investment Advisors (RIA)

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Laiba Tariq

Laiba Tariq

·

·

13 min read

FinCEN Form 8300: Cash Reporting Requirements for Businesses

FinCEN Form 8300: Cash Reporting Requirements for Businesses

Broker-Dealers

Money Transmitters

Payment Processors

Bruno Machado

·

·

11 min read

How to File a Suspicious Activity Report (SAR)

How to File a Suspicious Activity Report (SAR)

Broker-Dealers

Money Transmitters

Payment Processors

João Pedro Paulico

·

·

10 min read

Suspicious Activity Reports Guide

Suspicious Activity Reports (SARs): A Compliance Guide

Broker-Dealers

Money Transmitters

Payment Processors

João Pedro Paulico

·

·

14 min read

Browse Our Blog

Why InnReg

Why Forex and CFD Businesses Work With InnReg

InnReg combines fintech compliance experience with a structured delivery model designed for trading businesses where regulation, customer access, technology, financial controls, and market operations need to work together.

Speak to an expert

Support Across the Compliance Lifecycle

InnReg can support regulatory assessments, registration workstreams, program development, launch, recurring compliance, testing, examinations, remediation, and later business changes. Our support can evolve as the firm's products and regulatory footprint change.

Product and Jurisdiction Precision

We distinguish U.S. retail forex, institutional FX, CFDs, futures, swaps, managed accounts, and trading technology rather than applying one "forex broker" framework to every business. Overseas permissions are not assumed to authorize U.S. customer activity.

Compliance Connected to Trading Operations

Customer classification, pricing, execution, order handling, leverage, financial controls, complaints, disclosures, technology, and liquidity providers all influence the program. We connect compliance requirements to those actual workflows.

Execution, Not Just Advice

Where included in the engagement, InnReg can carry work forward through registration materials, policies, promotional reviews, recurring compliance administration, regulatory filings, testing, responses, issue tracking, and remediation.

CFTC and NFA Experience

InnReg supports CFTC and NFA regulatory work and has team members with derivatives-related qualifications and experience in regulatory strategy, supervision, testing, and examinations. Specific Series 34 or other forex registration requirements are verified before assigning regulated retail-forex responsibilities.

Structured Coordination Across Functions

Each engagement has a primary project lead supported by additional specialists and senior reviewers where needed. We coordinate compliance with management, trading, operations, finance, risk, technology, legal counsel, and external providers while keeping regulatory ownership clear.

FAQ

Forex and CFD Compliance FAQs

Forex and CFD Compliance FAQs

What forex and CFD compliance services does InnReg provide?

Can InnReg help with CFTC registration and NFA membership for a retail forex business?

Can InnReg develop and manage an RFED or Forex Dealer Member compliance program?

Can InnReg support our CCO or provide outsourced compliance leadership?

Can InnReg review our trading platform, marketing, and customer controls?

Can InnReg help a forex or CFD platform expand into a new market or add new products?

Speak to an expert

Our Team

Meet the Team Supporting Forex and Derivatives Compliance

Francesco Matteini

CEO and Founder

Francesco Matteini

CEO and Founder

View Full Team

Talk to Our Forex and CFD Compliance Team

Talk to Our Forex and CFD Compliance Team

By submitting this form, you consent to be added to our mailing list and to receive marketing communications from us. You can unsubscribe at any time by following the link in our emails or contacting us directly.

By submitting this form, you consent to be added to our mailing list and to receive marketing communications from us. You can unsubscribe at any time by following the link in our emails or contacting us directly.

Who We Serve

By Regulated Firm Type

Broker-Dealers

Registered Investment Advisors (RIA)

Money Transmitters and MSBs

Lenders and Fintech Credit Platforms

Alternative Trading Systems (ATS)

Funding Portals

CFTC and NFA-Regulated Firms

Banks, Depository and Trust Institutions

Trading Venues and Market Infrastructure

By Fintech Business Model

Digital Banking, Neobanks and BaaS

Payment Processors and PayFacs

Digital Assets and Crypto

Forex and CFD Platforms

Services

How We Help

Licensing and Registration

Compliance Program Development

Compliance Program Management

Outsourced Compliance Officers

Compliance Audit and Testing

Regulatory Strategy and Assessments

Licensing and Registration

Broker-Dealer Registration

Investment Adviser Registration

Money Transmitter Licensing

Lender Licensing

Funding Portal Registration

CFTC / NFA Registration

Resources

Learn

Blog

Case Studies

FINRA Rules

Downloads

Ebooks

Spreadsheets

About InnReg

Company

Who We Are

Why InnReg

Regly

Careers

Contact Us

Legal

Privacy Policy

Terms of Use

© 2026 InnReg LLC

305-908-1160

The content provided on this website is for informational purposes only and does not constitute legal, investment, tax, or other professional advice. InnReg LLC is not a law firm, tax advisor, or regulated financial institution. Viewing this site or contacting InnReg does not create a client relationship. Results described in case studies or testimonials may not be typical and do not guarantee future outcomes. Tools, spreadsheets, or guides available on this site are provided for illustrative purposes only and should not be relied upon without professional guidance. Any links to third-party websites are provided for convenience and do not constitute endorsement or responsibility for their content. The information on this site may not be applicable in all jurisdictions. While we strive to provide accurate content, we make no representations as to its completeness or timeliness. Some visual assets on this site are sourced from Freepik.

LinkedIn Innreg
X InnReg

9100 S Dadeland Blvd
Suite 1500
Miami, Florida 33156

Who We Serve

By Regulated Firm Type

Broker-Dealers

Registered Investment Advisors (RIA)

Money Transmitters and MSBs

Lenders and Fintech Credit Platforms

Alternative Trading Systems (ATS)

Funding Portals

CFTC and NFA-Regulated Firms

Banks, Depository and Trust Institutions

Trading Venues and Market Infrastructure

By Fintech Business Model

Digital Banking, Neobanks and BaaS

Payment Processors and PayFacs

Digital Assets and Crypto

Forex and CFD Platforms

Services

How We Help

Licensing and Registration

Compliance Program Development

Compliance Program Management

Outsourced Compliance Officers

Compliance Audit and Testing

Regulatory Strategy and Assessments

Licensing and Registration

Broker-Dealer Registration

Investment Adviser Registration

Money Transmitter Licensing

Lender Licensing

Funding Portal Registration

CFTC / NFA Registration

Resources

Learn

Blog

Case Studies

FINRA Rules

Downloads

Ebooks

Spreadsheets

About InnReg

Company

Who We Are

Why InnReg

Regly

Careers

Contact Us

Legal

Privacy Policy

Terms of Use

© 2026 InnReg LLC

305-908-1160

The content provided on this website is for informational purposes only and does not constitute legal, investment, tax, or other professional advice. InnReg LLC is not a law firm, tax advisor, or regulated financial institution. Viewing this site or contacting InnReg does not create a client relationship. Results described in case studies or testimonials may not be typical and do not guarantee future outcomes. Tools, spreadsheets, or guides available on this site are provided for illustrative purposes only and should not be relied upon without professional guidance. Any links to third-party websites are provided for convenience and do not constitute endorsement or responsibility for their content. The information on this site may not be applicable in all jurisdictions. While we strive to provide accurate content, we make no representations as to its completeness or timeliness. Some visual assets on this site are sourced from Freepik.

LinkedIn Innreg
X InnReg

9100 S Dadeland Blvd
Suite 1500
Miami, Florida 33156