The Financial Supervision Authority (FSA)
The Financial Supervision Authority of Estonia (FSA), locally known as Finantsinspektsioon, is the independent financial regulator in Estonia. It supervises banks, investment firms, insurance providers, and forex/CFD brokers offering investment services. As a European Union member, Estonia’s FSA fully complies with MiFID II and ESMA rules, offering robust investor protection.
The Estonian Financial Supervision Authority (FSA), or Finantsinspektsioon, offers a transparent, MiFID II-aligned regulatory framework for forex brokers. With strong oversight, EU protections, and a public registry of licensed firms, traders can safely operate with FSA-authorized providers.
- 30:1 for major currency pairs
- 20:1 for non-major pairs and gold
- 10:1 for commodities and indices
- 5:1 for equities
- 2:1 for cryptocurrencies
- Licenses investment firms providing forex and CFD trading services
- Enforces MiFID II conduct and prudential rules
- Implements ESMA’s product intervention measures, including leverage limits
- Publishes a public register of licensed entities and a warning list for unauthorized firms
- Visit the Finantsinspektsioon Public Register
- Search by company name or license type
- Confirm license status and authorization for forex/CFD services
Country
Estonia
Established
2001
Contact
+372 66 80 500
Complaint bodies
Financial Supervision Authority (Finantsinspektsioon), Consumer Protection and Technical Regulatory Authority (CPTRA) – for retail disputes
Hotline
+372 66 80 500
Complaint email
Last updated on: April 07, 2025
High Risk Warning : Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.