Forex trading is legal in Jordan and operates under a well-established regulatory framework. The Jordan Securities Commission (JSC) serves as the primary regulatory authority overseeing foreign exchange activities in the country (1). Following the global financial crisis of 2007, which exposed fraudulent transactions in foreign stock exchanges, Jordan implemented comprehensive legislation to regulate foreign exchange dealings and protect investors (2).
The JSC maintains a list of licensed companies authorized to deal in foreign exchanges, currently featuring 24 approved entities ranging from financial brokers to investment management firms (1). These licensed operators provide legitimate and secure trading environments under official regulatory supervision, ensuring compliance with Jordan's financial regulations and investor protection standards.
"The Jordan Securities Commission, oversees and regulates the forex trading industry to ensure that it operates within legal boundaries and provides protection for investors."
Jordan's regulatory approach distinguishes between traditional forex trading and cryptocurrency transactions. While forex trading remains fully legal and regulated, the Central Bank of Jordan has prohibited banks and financial entities from facilitating cryptocurrency transactions (2). This clear regulatory distinction allows forex traders to operate confidently within the established legal framework while maintaining strict oversight of digital asset activities.
Source:
https://www.jsc.gov.jo/page/en/licensed_to_deal_in_foreign_exchanges
https://www.tamimi.com/law-update-articles/introduction-new-law-regulating-dealings-foreign-stock-exchanges/
Last updated: 01-06-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
