OANDA, the largest North American broker in terms of accounts, has recently achieved an FSA license. FSA licensing process is a very lenghty and costly procedure and OANDA probably initiated it well over a year ago – prior to leverage restriction rules and Dodd-Frank reform which required all US brokers to repatriate US accounts back home. OANDA is the latest major US forex broker to attain FSA registration which is considered one of the best and fairest in this part of the world – US rules are very restrictive and capital intensive, so are Swiss ones, and FSA stands out in the current strict forex regulatory climate ... (full story)