Forex Brokers in Ireland | CBI regulated

In Ireland, forex brokers are overseen by the Central Bank of Ireland (CBI). The regulator maintains an up-to-date list of all regulated financial services companies that operates in the country, and anyone can look up a forex broker on the CBI’s website to verify its regulatory status in Ireland. Still, it is well-known that many forex brokers in Ireland are not authorized by the CBI directly, but instead holds licenses from other EU regulators.

The Central Bank of Ireland has introduced several measures over the years designed to protect retail traders. These include a requirement for forex brokers to introduce negative balance protection for traders, and a cap on trading leverage consistent with the new regulations from the European Securities and Markets Authority (ESMA).