FCA
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Forex brokers licensed and regulated by the UK Financial Conduct Authority (FCA).
Brokers regulated by FCA
EXNESSRead review- Low spreads
- Very fast trade execution
- Read review
Interactive BrokersRead review- US broker with over 40 years in the industry, founded in 1978
- Regulated by multiple top-tier authorities, including the CFTC, FCA, and ASIC
IGRead review- One of the largest international forex brokers
Land-FXRead review- Regulated in the UK by the FCA and in New Zealand by the FMA
- ECN account model offers competitive pricing
ICM CapitalRead review- No advantages listed.
ThinkMarketsRead review- No specific advantages are documented for ThinkMarkets.
- Read review
LCGRead review- No notable advantages are documented for this broker.
SkillingRead review- Affiliate program lets users earn by referring new traders
FXTMRead review- ECN accounts with tight spreads
- Broad range of forex pairs
- Read review
Plus500Read review- Regulated by the FCA
- Also licensed by CySEC and ASIC
AxiRead review- No specific advantages are documented for Axi.
Admiral MarketsRead review- Low spreads and reliable trading conditions
- Daily market analysis and quality forecasts
Forex.comRead review- No specific advantages are documented for this broker.
CMC MarketsRead review- No differentiating advantages are identified for CMC Markets.
ActivTradesRead review- Wide range of instruments
- Fast platform with strong industry recognition
Markets.comRead review- No specific advantages are documented for this broker.
SwissquoteRead review- No specific advantages listed.
FXCMRead review- Strong reputation as an established broker
- One account covers the full range of markets
GKFXRead review- No standout advantages identified in available reviews
ForexVoxRead review- No specific advantages identified
XTBRead review- No genuine advantage is documented in the available user feedback — the submitted comment describes an unrelated bitcoin investment scam and a referral to a third-party recovery service, not a report on XTB itself.
TIO MarketsRead review- The broker has no advantages.
FxProRead review- Withdrawals are processed quickly
- Deposits are insured
Blackwell GlobalRead review- No specific advantages are listed for this broker.
InfinoxRead review- Regulated in the UK by the FCA
- IX Social app supports social and copy trading
TeraFXRead review- No specific advantages are documented for TeraFX.
eToroRead review- Commission-free stock and ETF trading
- Social trading via CopyTrader and CopyPortfolios
BCSRead review- Very narrow spreads
- Wide choice of trading instruments, including stocks of Russian and foreign companies
City IndexRead review- No specific advantages identified in this review.
PepperstoneRead review- Regulated by ASIC and FCA
- Low commissions on Forex and CFDs
CXM TradingRead review- No notable advantages identified.
FXGiantsRead review- $35 no-deposit bonus
- Demo contest with a $5,000 prize fund
SberbankRead review- Wide range of trading instruments, including stocks and indices, via eToro's platform
- Copy-trading tools let you mirror other traders' positions
TickmillRead review- Regulated by the UK's FCA
- Fast withdrawal processing
House of BorseRead review- No advantages are documented for this broker.
ADSSRead review- No advantages identified
DarwinexRead review- No standout advantages are documented for this broker.
PhillipCapital UKRead review- No advantages identified
EquitiRead review- No specific advantages are noted for this broker.
Trade NationRead review- No specific advantages listed.
The Financial Conduct Authority (FCA) is the regulatory body responsible for overseeing financial firms in the United Kingdom, including many retail forex brokers. A broker holding FCA authorization has met the regulator's standards for financial conduct and consumer protection.
What the FCA is
The FCA was established on April 1, 2013, taking over financial conduct regulation in the UK. It supervises thousands of financial firms and works to keep markets fair and transparent.
What the FCA does
- Regulating financial conduct: requires firms, including forex brokers, to operate transparently and fairly.
- Protecting consumers: sets rules to shield traders from unfair practices and ensure access to appropriate products.
- Promoting competition: encourages competition among firms, which can improve pricing and services.
- Preventing financial crime: works against money laundering and fraud in the financial sector.
Why FCA regulation matters for forex traders
Choosing a broker regulated by the FCA means the broker operates under UK oversight of its conduct and consumer safeguards. The FCA's reach extends to thousands of firms and shapes financial practices beyond the UK as well.