Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

FCA Forex Brokers

FCA брокеры Форекс

The Financial Conduct Authority (FCA) is a regulatory authority based in the United Kingdom. It is a self-regulatory body independent of the UK government. Its source of finances is the fees that the members are charged in the financial services industry. FCA’s main responsibility is to manage financial firms, including Forex Brokers in the UK, and safeguard integrity in the financial markets. Its assignment includes both wholesale and retail financial services companies. To get more information about the top FCA Forex brokers, go through the table below.

  • Key information
  • Trading
  • Payment systems
  • Trading platforms
  • Trading instruments
  • Support
  • Trading accounts
  • Account settings
  • Spreads
  • Promotion
Filter
Company#LogoForex brokerFoundedRegulatedReviewsPayment systemsBroker type(?)Min. DepositMax.
leverage
Live spread
Interval:
Live
spread
EUR/USD
Live spread
Interval:
Live
spread
GBP/USD
Live spread
Interval:
Live
spread
USD/CHF
Live spread
Interval:
Live
spread
USD/CAD
Live spread
Interval:
Live
spread
USD/JPY
Live spread
Interval:
Live
spread
AUD/USD
Live spread
Interval:
Live
spread
NZD/USD
Live spread
Interval:
Live
spread
EUR/AUD
Live spread
Interval:
Live
spread
EUR/CAD
Live spread
Interval:
Live
spread
EUR/CHF
Deposit bonusAccount
1Forex.combest broker2001
FCA, CFTC

Regulated

22

Payment systems

ECN, MM
100 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
2FXCM1999
ASIC, FCA
8

Payment systems

NDD
5000 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
3IG1974
ASIC, FCA
8

Payment systems

DMA, MM
-1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
4Saxo Bank199218

Payment systems

ECN, STP
10000 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
5ActivTrades2001
FCA, CNMV
163

Payment systems

NDD
100 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
6Interactive Brokers1977
FCA, CFTC

Regulated

4

Payment systems

MM
10000 $1:40N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
7City Index2001
ASIC, FCA
10

Payment systems

NDD, ECN
250 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
8AXITrader2007
ASIC, FCA
87

Payment systems

NDD
-1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
9HYCM1977
FCA
185

Payment systems

MM
20 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A10 %
10EXNESS2008
FCA, CySEC
66

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
-1:2000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
11Plus500 CFD Service2008
ASIC, FCA
9

Payment systems

NDD
100 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
12FxPro2006
FCA, CySEC

Regulated

214

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
13FxGiants2015
FCA
53

Payment systems

ECN, STP

Broker type

  • ECN
  • STP
  • MM
50 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A20 %

Increase your trading opportunities. Get up to a bonus on all deposits up to $ 2000

14FXOpen2005
ASIC, FCA
84

Payment systems

ECN, STP

Broker type

  • ECN
  • STP
  • MM
10 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1 %

Welcome Bonus is credited to the micro account after making the minimum deposit.

15Fortrade2013
FCA, FSCS

Regulated

15

Payment systems

-100 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A30 %

Fortrade offers a welcome bonus, amounting to 30% of the first deposit (up to €3000). The deposit must be €100 as a minimum and the bonus expires within 90 days. Bonus monies may be used for tr

16Octa FX2011
FCA, FSA
5

Payment systems

ECN
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A50 %

Deposit bonus can only be credited to a verified account. Deposit bonuses can only be credited to any MT4 | MT5 account.

17BMFN1988
ASIC, FCA
8

Payment systems

NDD, DMA
50 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A20 %

New or existing accounts at BMFN who enroll in the Bonus Program and make a qualifying deposit will receive a deposit bonus up to $10,000!

18Tickmill2014
FCA, SIBA
2

Payment systems

NDD
25 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
19Pepperstone2010
ASIC, FCA
7

Payment systems

NDD, ECN
-1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
20Land FX2013
FCA, FSCS

Regulated

7

Payment systems

NDD, ECN
--N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A10 %

10% bonus applies equivalently to First deposit amount above $300

21Ayondo2008
FCA, BaFin
6

Payment systems

NDD
100 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
22Darwinex2012
FCA
7

Payment systems

STP, DMA
500 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
23GMG Markets2015
FCA
0
NDD, STP
200 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
24Infinox Capital2009
FCA
7

Payment systems

ECN, STP
100 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
25Tradealot2010
FCA
5

Payment systems

STP
2000 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
26ATFX2015
FCA
11

Payment systems

NDD
500 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
27Key to Markets2010
FCA, FSP

Regulated

2

Payment systems

ECN
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
28Trading.com2018
FCA
1

Payment systems

ECN
5 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
29Spreadex1999
FCA
0
--1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-


Was the information useful for you?
3.5 (3)

History of FCA Forex Regulator


Fca Forex Brokers

The Financial Conduct Authority came into existence after the Financial Services of the UK was eliminated. That was on 19th December 2012, after the Financial Services Act 2012 was approved by the parliament which resulted in the establishment of a new regulatory system.

The act assigned the Bank of England the role of ensuring macro and micro-prudential regulations were articulated and financial stability was maintained. The Act also formulated a new regulatory framework that was inclusive of the Financial Policy Committee of the Bank of England, the Financial Conduct Authority, and the Prudential Regulation Authority.

FCA has the authority to:

  1. Oversee the conduct of firms regarding marketing practices of financial items
  2. Spell out the expected standards
  3. Stipulate requirements on items
  4. Scrutinize individuals and firms
  5. Give directives on either adjusting or withdrawing misleading promotions
  6. Place interdiction on financial product

Why Forex brokers choose FCA

The Financial Conduct Authority (FCA) is one of the most reputable regulators worldwide. For this reason, most brokers intend to be licensed by FCA. The following are other reasons as to why FCA has over time been the regulator of choice.

  1. It has stringent rules. In as much as FCA is among the bodies regulated by the European Union, it is stricter than the other regulatory bodies. FCA has been able to place significant fines on firms that violate rules and work against the interests of the clients, as a result, it has earned FCA-regulated brokers the trust of traders.
  2. FCA covers Forex Brokers who have gone bankrupt. If at any instance a broker regulated by FCA goes bankrupt, a scheme known as the Financial Services Commission can cover a given amount for the clients.
  3. Since it is a self-regulatory and non-profit organization, FCA does not use taxpayers' funds for its activities.
  4. FCA’s self-governing nature allows it to work for rather than against a trader.
  5. FCA has many protocols to adhere to, this is in a bid to ascertain the authenticity of brokers. This has made it earn the trust of investors

The application process for brokers

FCA-regulated brokers have been able to enjoy the support given in the application process which may prove to be a bit tedious. Since the businesses are peculiar, brokers are assisted with gaining knowledge on their business and how to go about the application. This includes recorded procedures and policies on compliance, a compliance evaluation program, and a regulatory business plan. After being guided through the aforementioned, the brokers are guided through the process of submitting their applications to FCA and answering the queries that follow.  As part of the application process, the brokers are also equipped with information relevant to the application. Such includes.

  1. What the firm will possibly face before, during, and after the application process
  2. The parties that will be involved in handling the application
  3. The uniqueness of a business as per a particular client and their business specifics
  4. Duration of the authorization process, which is almost 2-3 months

FCA regulations on FX brokers

These are the regulatory practices that FCA performs.

  1. Educating firms on FCA enforcement proceedings
  2. Advising brokers on regulatory matters
  3. Ensuring fair treatment of customers
  4. Foster healthy competition and innovation
  5. Working hand in hand with brokers to identify potential risks and come up with ways to mitigate them
  6. Registering members
  7. Record keeping
  8. Accepting annual returns
  9. Ensuring that brokers give a wide range of investment items
  10. Ensuring that brokers give clients comprehensive and unbiased market analysis

FCA Forex Brokers register

FCA-regulated brokers are listed on a register. This is to ensure that brokers who say they are regulated by FCA live up to their claims. To ensure that you are working with a legitimate broker who has been authorized by FCA, the register would be an important tool. It also contains a lot of information about the brokers. The information includes:

  1. Contact details of a broker which includes the trading names
  2. Broker status, which spells out whether a broker is approved
  3. Names and details of brokers giving services in the UK and/or overseas without authorization

Scams associated with FCA-regulated brokers

FCA London Forex Brokers

Binary options fraudsters

The trade is a matter of whether an event will take place or not. For instance, it is whether the price of an asset will shoot up or fail. If an investor gets it right, there happens to be a return on their investment. The reverse is also true. If they get it wrong, their entire investment is lost.

Fraudsters in Binary options tend to promote their items on social media using websites that appear to be legitimate. Most of the fraudsters operate from abroad but often claim to be based in the UK and they have addresses that may lead you to fall for their trick. These fraudsters manipulate systems to compromise pay-outs and prices then eventually shut down client’s trading accounts and hold their money. Most fraudsters are usually characterized by a promise of high returns derived from binary options trading that appears to be too good to be true. They also tend pressurizing traders to make haste investments and make unusual contact.

Fake contact through emails, letters, and the phone

Some fraudsters will contact you via mail, phone, or letters claiming to be the Financial Conduct Authority or even impersonating FCA legitimate employees just to make themselves appear genuine. These fraudsters request for personal details that FCA would not ask. Such includes internet banking passwords and bank account details. Other details they may ask for are copies of payslips and/or your passport. Some claim that you are supposed to be given a certain sum of money and that you should give them your account details so that deposits may be made. However, the fraudsters use the same details to retrieve money from your account. Such is characterized by contact numbers from abroad, emails from Gmail and Hotmail accounts, and grammatical errors in the cases of letters.

FCA regulated brokers

City Index

City Index is among the most established Forex brokers globally. It is also the oldest having been in operation for about 30 years, that is, from 1983, this just shows how much experience the broker has in the trade. City Index has over time become a renowned broker, leading in online trade. It boasts over 235,000 accounts. The broker has offices globally transacting over $400 billion every month in trade. City Index offers its clients competitive spreads and access to several markets around the globe. The broker has received various awards for its Forex trading.

ETX Capital

ETX Capital was founded in 2002. It is a member of the London Stock Exchange. Check our ETX Capital review here. ETX Capital only offers one standard account that allows a minimum deposit of $100 and has no maximum trade. The firm gives tight spreads that range depending on the products. For instance, the spread on Forex range from 0.6 pips for the euro or US dollar. ETX Capital offers its clients two types of reliable and popular trading platforms, that is, MetaTrader 4 (MT4) and TraderPro. The platforms used are flexible and can be used on iPhones, iPads, and Android devices. They have a user-friendly interface that makes the trading experience great for the clients. Also, it has been presented in 20 languages just to ensure no single person is left out. Its commissions are competitive. In addition, ETX Capital has made a point of educating the clients about the trade, something that has owed it its success. Withdrawals and deposits are easily made using online payment methods such as PayPal, credit cards, and bank transfers. Customer support is 24/7 and offered in 20 languages.

FOREX.com

FOREX.com was established in 1999. The broker has won awards including one by FX Street for best research and analysis in 2014 and 2015. It has two types of accounts, a standard, and an Active trading account, that clients can choose from. Also, FOREX.com offers a demo account that is available to all types of traders. FOREX.com offers its clients educational material that equips them with the knowledge that is rather useful for the trade. The trading tools offered by FOREX.com are customizable to meet individual customer needs. The platforms used have user-friendly interfaces to heighten the client’s trading experience.

Abshire-Smith

Abshire Smith is a broker that has made it it's business to give high-level support to its clients. It offers tailor-made financial services to meet individual needs. Having been in the business for a significant period, Abshire-Smith has gathered extensive knowledge of the trade, giving the clients a guarantee of a secure, safe, and well-regulated trading environment. The security of clients’ funds has been given priority.


Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.