CFTC

The CFTC (Commodity Futures Trading Commission) is the US independent federal agency that regulates commodity futures, options, and derivatives markets. Founded in 1974, the CFTC oversees brokers active in forex and CFD markets, working alongside the NFA to set US investor protection standards. CFTC-licensed brokers must hold client funds segregated from firm assets and comply with strict reporting requirements. Leverage limits (1:50 for forex) are among the key retail investor protections enforced.