An official dealer in the Forex market is any type of financial institution that has received permission from the relevant regulatory authority to act as a dealer involved in foreign exchange trading. Cooperation with official Forex market dealers gives you a guarantee that your operations will be carried out in a legal and lawful manner.
In the United States, the only regulatory body that grants authority to Forex dealers is the National Futures Association (NFA). The NFA guarantees that the official Forex market dealers are carefully selected during registration, and exercise strict control over their compliance with the legislation after their approval.