There is an important regulatory group that you may want to know about if you
are going to start playing the forex market.The Forex Investment Association is
an organization specifically for those who invest in and play the forex market.
It is a not-for-profit group and it is self-regulating. It is also recognized as
a representative body with carefully considered privileges from the FSB, or the
Financial Services Board. The Forex Investment Association works with the
Financial Services Board in order to properly register and provide licenses to
service providers who have a position in the forex industry.Their basic goal is
to provide an environment where traders can enter the market safely and invest
their money without risk. They also strive to have advisors who are
knowledgeable in their field as well as experienced traders who can help
maintain a stable market.The FIA welcomes new members and invites people to
register with them but unfortunately their website is not capable of doing so
yet. Visit www.forex.org.za to read more about the FIA, and check the site
periodically until they have updated their registration pages.
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