Regulator

Major onshore regulator

FINRA/SEC regulated brokers

FINRA and the Securities and Exchange Commission, United States

15 brokers hold an active FINRA/SEC licence in our register. US broker-dealers register with the SEC and must be members of FINRA, the self-regulatory organisation that supervises them. FINRA BrokerCheck shows a firm's registration and disciplinary history.

Licensed brokers
15
Verified
2
Caution or high risk
13
Regulator country
United States

What FINRA/SEC protection means

General facts about the regime. What applies to you depends on the licensed entity and your client category.

  • SIPC protects customers of a failed member broker-dealer up to $500,000, including up to $250,000 in cash. It does not cover market losses.
  • The SEC Customer Protection Rule requires customer securities and cash to be kept separate from the firm's own.
  • Disputes with a member firm can go to FINRA arbitration.

Major onshore regulator. Full conduct-of-business rules, client-money segregation and an enforcement record. A licence here carries the most weight for retail clients.

How to check the FINRA/SEC register

  1. 01

    Open the FINRA BrokerCheck (brokercheck.finra.org).

  2. 02

    Search for the firm's name or CRD number.

  3. 03

    Confirm the licensed legal entity is the company named in your account terms, and that its status is current.

  4. 04

    Check the licence or permissions cover the products you want to trade.

FINRA BrokerCheck

Brokers licensed by FINRA/SEC

Brokers with an active FINRA/SEC licence verified on the register in our latest research. Sorted by score, best first.

Verdicts for FINRA/SEC brokers

How the brokers licensed by this regulator are spread across our verdicts.

  • Verified

    Score 75+, research complete, and an active tier 1 or 2 licence held by the entity serving retail clients.

    2
  • Caution

    Active, with enough evidence to score, but short of Verified. Read the reason before you deposit.

    13
  • High risk

    Verified adverse evidence only: a regulator warning, or a licence revoked or suspended in the last 2 years.

    0
  • Insufficient data

    Not enough verified evidence yet to rate. Not a judgement either way.

    0
  • Under review

    Our researchers are re-checking this record. No score is shown until they finish.

    0
  • Not active

    Inactive, redirected or merged. No score is shown.

    0

FINRA/SEC: frequently asked questions

What protection does a FINRA/SEC licence give clients?
SIPC protects customers of a failed member broker-dealer up to $500,000, including up to $250,000 in cash. It does not cover market losses. The SEC Customer Protection Rule requires customer securities and cash to be kept separate from the firm's own. Disputes with a member firm can go to FINRA arbitration. These are general facts about the regime; what applies to you depends on the licensed entity and your client category.
How many brokers hold a FINRA/SEC licence in your register?
15 of the brokers in our register have an active FINRA and the Securities and Exchange Commission (FINRA/SEC) licence verified on the register in our latest research. Licences change, so check the register yourself before you deposit.
How do I check a FINRA/SEC licence?
Open the FINRA BrokerCheck and search for the firm's name or CRD number. Confirm the licensed legal entity matches the company in your account terms and that its status is current.
Does a licence mean a broker is safe?
No. A licence shows a regulator authorised a specific legal entity for specific activities. It does not guarantee the firm will not fail or treat clients fairly. Check the entity you actually contract with, and that its status is current.

We take no affiliate commissions from brokers, prop firms or educators, and rated entities cannot be our affiliates. Verdicts are computed from regulator records and are not for sale. verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.

Check a FINRA/SEC broker in Ask

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