Level A Forex Jurisdictions (example USA and Japan);
Level B Forex Jurisdictions (example UK and Australia);
Level C Forex Jurisdictions (example Cyprus, Malta and New Zeland);
Level D Forex Jurisdictions (example Belize and BVI);
Level E Forex Jurisdictions (eample St. Kitts and Nevis, SVG and Seychelles). In this Level a Forex license is not required.