Question 1

What does Financial Services and Markets Authority (FSMA) regulate?

Accepted Answer

Financial Services and Markets Authority is the financial regulator in Belgium, established in 2011. It oversees: Securities, Forex, Investment.

Question 2

Is FSMA a tier-1 regulator?

Accepted Answer

FSMA is currently a Tier 1 regulator on Brokers Watch. Tier 1 = strict authorization, active enforcement, and meaningful client-fund protection. Tier 3 = light-touch or offshore.

Question 3

Is there a compensation scheme under FSMA?

Accepted Answer

We do not have a verified compensation scheme on file for FSMA. Absence of a scheme means client funds may not be recovered if a licensed firm becomes insolvent.

Question 4

How many brokers are licensed by FSMA?

Accepted Answer

No firms in our directory are currently linked to FSMA. Public registers on the regulator's own site will show the authoritative list.

Question 5

Where can I verify a broker's license with FSMA?

Accepted Answer

Visit https://www.fsma.be and search the official public register. Cross-check the exact entity name and license number — cloned firms often re-use similar-looking names.

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