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Global FX Broker Transparency & Rating
Intermediate · 8 min · regulation

Broker brand vs legal entity: what is the difference

You see a brand, but you contract with a legal entity. Regulation follows the entity, not the advertisement.

fxcn editorial 2026-06-03
## One brand, many entities
Large brokers often operate UK, Australia, EU and offshore entities. The license advertised on the homepage may not apply to your account.

## How to confirm
Check client agreement, footer, KYC email, dashboard and invoices.

## Why it matters
It determines leverage limits, compensation, disputes and governing law.