Independent reviews of UK brokers since 1996

To stay safe, UK traders should choose a broker regulated by the Financial Conduct Authority (FCA). We have tested the best FCA brokers in 2026 and listed them here.

Top 5 FCA Brokers

To help British traders stay safe, our experts have ranked the 5 best FCA-regulated brokers:

  1. eToro: Best Overall Broker | FCA License Number: 583263
  2. XTB: Best Broker For Beginners | FCA License Number: 522157
  3. CMC Markets: Best Broker For Active Traders | FCA License Number: 173730
  4. Pepperstone: Best MetaTrader Broker | FCA License Number: 684312
  5. Eightcap: Best Broker For Forex Trading | FCA License Number: 921296

All Brokers Regulated By The FCA

Investing involves risk. Asset prices can move rapidly and you may lose some or all money invested. Never invest more than you can afford to lose.Advertising disclosure

Our picks at a glance

  1. 1 Pepperstone Top score: Platforms 4.8 Info Visit Pepperstone
  2. 2 XTB Top score: Trust 4.8 Info Visit XTB
  3. 3 Spreadex Top score: Mobile 4.5 Info Visit Spreadex
  4. 4 Interactive Brokers Top score: Trust 4.6 Info Visit Interactive Brokers
  5. 5 IG Top score: Fees 4.5 Info Visit IG
  6. 6 Trade Nation Top score: Support 4.4 Info Visit Trade Nation
  7. 7 Eightcap Top score: Mobile 4.6 Info Visit Eightcap
  1. Our top pick

    1 Pepperstone logo

    Pepperstone

    FCA regulatedSpread bettingGBP account
    4.8/5

    Founded in Australia in 2010, Pepperstone is a leading forex and CFD broker serving over 830,000 clients globally. It provides access to 1,400+ instruments through MT4, MT5, cTrader and TradingView, with low, transparent pricing. Regulated by the FCA, ASIC and CySEC, Pepperstone offers a secure trading environment for all experience levels.

    Instruments
    CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto CFDs (only Pro clients), Spread Betting
    Regulator
    FCA, ASIC, CySEC, BaFin, DFSA, SCA, SCB, CMA-Kenya
    Platforms
    Pepperstone Trading Platform, MT4, MT5, cTrader, TradingView
    Min. Deposit
    $0
    Min. Trade
    0.01 Lots
    Leverage
    1:30 (Retail), 1:500 (Pro)
    Trust
    4.6
    Fees
    4.5
    Platforms
    4.8
    Support
    4.6
    Visit Pepperstone Read review

    CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 73-89% of retail investor accounts lose money when trading CFDs.

  2. 2 XTB logo

    XTB

    FCA regulatedISAGBP account
    4.8/5

    Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.

    Instruments
    CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, Real shares, Real ETFs
    Regulator
    FCA, CySEC, KNF, DFSA, FSC, SCA, CMF, Bappebti
    Platforms
    xStation
    Min. Deposit
    $0
    Min. Trade
    0.01 Lots
    Leverage
    1:30 (Retail), 1:200 (Pro)
    Trust
    4.6
    Fees
    3.9
    Platforms
    4.0
    Support
    4.3
    Visit XTB Read review

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

  3. 3 Spreadex logo

    Spreadex

    FCA regulatedSpread bettingGBP account
    4.5/5

    Spreadex, regulated by the FCA, provides spread betting across 10,000+ CFD instruments, including 60 forex pairs. Traders have the option to engage in short-term positions on sporting events as well. With a history exceeding 20 years, the company has earned numerous accolades.

    Instruments
    Forex, CFDs, Indices, Commodities, Stocks, Bonds, Interest Rates, ETFs, Options, Spread Betting
    Regulator
    FCA
    Platforms
    Spreadex Platform, TradingView, AutoChartist
    Min. Deposit
    £0 (but £5 minimum for standard payment methods)
    Min. Trade
    £0.01
    Leverage
    1:30 (Retail), 1:200 (Pro)
    Trust
    4.0
    Fees
    4.0
    Platforms
    4.3
    Support
    4.3
    Visit Spreadex Read review
  4. 4 Interactive Brokers logo

    Interactive Brokers

    FCA regulatedISAGBP account
    4.6/5

    Interactive Brokers (IBKR) stands as a leading brokerage, offering access to 170+ markets in 40 nations alongside extensive investment services. With 40+ years in finance, this Nasdaq-listed entity complies with regulations from the SEC, FCA, CIRO, and SFC, ensuring global trustworthiness in trading.

    Instruments
    Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs
    Regulator
    SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS
    Platforms
    Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower
    Min. Deposit
    $0
    Min. Trade
    $1
    Leverage
    1:30
    Trust
    4.7
    Fees
    4.3
    Platforms
    3.9
    Support
    3.0
    Visit Interactive Brokers Read review
  5. 5 IG logo

    IG

    FCA regulatedISASpread betting
    4.5/5

    Established in 1974, IG is a unit of IG Group Holdings Plc, listed on the LSE as IGG. It provides access to over 17,000 markets through intuitive platforms and apps. For half a century, IG has remained an industry leader, excelling in all vital aspects for traders.

    Instruments
    CFDs (not in US), Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting (UK only)
    Regulator
    CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA, CONSOB
    Platforms
    Web, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime
    Min. Deposit
    $0
    Min. Trade
    0.01 Lots
    Leverage
    1:30 (Retail), 1:222 (Pro)
    Trust
    4.4
    Fees
    5.0
    Platforms
    4.8
    Support
    4.5
    Visit IG Read review

    Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

  6. 6 Trade Nation logo

    Trade Nation

    FCA regulatedSpread bettingGBP account
    4.4/5

    Trade Nation is a leading FX and CFD broker regulated in the UK and Australia, among other places. The company provides competitively priced fixed and variable spreads on over 1,000 assets. Traders benefit from advanced platforms and comprehensive training materials. Additionally, the Signal Centre offers valuable trade ideas.

    Instruments
    CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting
    Regulator
    FCA, ASIC, CMVM , FSCA, SCB, FSA
    Platforms
    TN Trader, MT4, TradingView
    Min. Deposit
    $0
    Min. Trade
    0.1 Lots
    Leverage
    1:30 (Retail), 1:200 (Pro)
    Trust
    4.3
    Fees
    4.3
    Platforms
    3.9
    Support
    4.9
    Visit Trade Nation Read review

    67.3% of retail investor accounts lose money when trading CFDs with this provider.

  7. 7 Eightcap logo

    Eightcap

    FCA regulatedGBP accountTradingView
    4.6/5

    Eightcap, an acclaimed broker regulated by the FCA, offers exceptionally low trading costs. Recognised as the top-rated brand by TradingView's vast user base of 100 million, traders can directly access the platform. UK traders can open a live account with a minimum deposit of just £100.

    Instruments
    CFDs in Forex, Stocks, Indices, Commodities
    Regulator
    FCA, ASIC, CySEC, FSC, SCB, FSA
    Platforms
    MT4, MT5, TradingView, TradeLocker
    Min. Deposit
    £100
    Min. Trade
    0.01 Lots
    Leverage
    1:30 (Retail), 1:200 (Pro)
    Trust
    4.3
    Fees
    3.8
    Platforms
    4.3
    Support
    4.0
    Visit Eightcap Read review

    Services are provided subject to applicable laws and regulations. Certain products, services, instruments, platforms or payment methods may not be available to residents of certain jurisdictions.

Compare

Safety Comparison

Compare how safe the Best FCA-Regulated Brokers 2026 are and what features they offer to protect traders.

Broker Trust Rating FCA Regulated Negative Balance Protection Guaranteed Stop Loss Segregated Accounts
4.6
4.6
4.0
4.7
4.4
4.3
4.3

Payments Comparison

Compare which popular payment methods the Best FCA-Regulated Brokers 2026 support and whether they have trading accounts denominated in British Pounds (GBP).

Broker GBP Account Debit Card Credit Card Neteller Skrill Apple Pay

Mobile Trading Comparison

How good are the Best FCA-Regulated Brokers 2026 at mobile trading using apps or other mobile interfaces.

Broker Mobile Apps iOS Rating Android Rating Smart Watch App
iOS & Android 4.4 4.1
iOS & Android 4.7 4.1
iOS & Android 4.5 4.5
iOS & Android 4.3 4.5
iOS & Android 4.6 4.0
iOS & Android 4.5 4.5
iOS & Android 4.8 4.4

Beginners Comparison

Are the Best FCA-Regulated Brokers 2026 good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?

Broker Demo Account Minimum Deposit Minimum Trade Support Rating Education Rating
$0 0.01 Lots 4.6 4.0
$0 0.01 Lots 4.3 3.8
£0 (but £5 minimum for standard payment methods) £0.01 4.3 4.0
$0 $1 3.0 4.3
$0 0.01 Lots 4.5 4.8
$0 0.1 Lots 4.9 4.2
£100 0.01 Lots 4.0 3.5

Advanced Trading Comparison

Do the Best FCA-Regulated Brokers 2026 offer features that allow for more advanced trading strategies?

Broker Automated Trading Pro Account Leverage VPS AI Low Latency Extended Hours
Expert Advisors (EAs) on MetaTrader, cBots on cTrader 1:30 (Retail), 1:500 (Pro)
- 1:30 (Retail), 1:200 (Pro)
1:30 (Retail), 1:200 (Pro)
TWS API 1:30
Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime 1:30 (Retail), 1:222 (Pro)
Expert Advisors (EAs) on MetaTrader 1:30 (Retail), 1:200 (Pro)
TradingView Bots 1:30 (Retail), 1:200 (Pro)

Detailed Rating Comparison

Use this heatmap to compare our detailed ratings for all of the Best FCA-Regulated Brokers 2026.

Broker Trust Platforms Mobile Assets Fees Accounts Support Research Education
4.6 4.8 4.3 4.6 4.5 4.0 4.6 4.3 4.0
4.6 4.0 4.4 4.6 3.9 4.0 4.3 4.1 3.8
4.0 4.3 4.5 4.5 4.0 3.8 4.3 4.3 4.0
4.7 3.9 4.4 4.7 4.3 3.9 3.0 4.7 4.3
4.4 4.8 4.3 4.5 5.0 4.0 4.5 4.9 4.8
4.3 3.9 4.5 3.7 4.3 4.2 4.9 3.9 4.2
4.3 4.3 4.6 3.6 3.8 4.0 4.0 3.5 3.5

Our Take On Pepperstone

Pepperstone excels in trading with tight spreads, swift execution, and advanced charting for seasoned traders. Beginners enjoy zero minimum deposit, comprehensive educational materials, and outstanding 24/5 support, including 18-hour weekend assistance.

Tobias Robinson Reviewer

Pros

  • Support for top-tier charting platforms such as MT4, MT5, TradingView, and cTrader. These tools accommodate different short-term trading methods, including algorithmic trading.
  • Pepperstone offers pre-IPO perpetual futures, adding Anthropic in October 2026, enabling 24/7 speculation on expected share prices through cash-settled CFDs.
  • In recent years, Pepperstone has significantly enhanced the deposit and withdrawal process. By 2025, clients can use Apple Pay and Google Pay, while 2024 saw the introduction of PIX and SPEI for customers in Brazil and Mexico.

Cons

  • Overnight holding fees exceed those of some Market Maker brokers (typically Benchmark + 2.5%). Pepperstone suits traders and forex scalpers well but is less ideal for swing traders who keep positions open overnight.
  • Execution might not appear as dependable in rapid markets as headline speeds imply. Our tests showed swift execution at targeted prices. However, community feedback highlights concerns over slippage, stop-loss fills, and order triggers sensitive to spreads amid volatility.
  • Although the market range has expanded, crypto CFD options remain somewhat restricted, especially when compared to specialised brokers like Eightcap. Additionally, there is no facility to invest in actual cryptocurrencies.

73-89% of retail investor accounts lose money when trading CFDs with this provider.

Our Take On XTB

XTB excels for novice traders with its superb xStation platform, minimal trading costs, no required deposit, and outstanding educational resources, many of which are fully integrated into the platform.

William Berg Reviewer

Pros

  • In 2026, XTB expanded its asset offerings and markets. It introduced options trading in Spain and Germany, launched spot cryptocurrencies in select regions, and unveiled Investment Plans 2.0. These enhanced plans now feature more pre-built options, including sectors like Defence, a user-friendly interface, and increased flexibility to mix stocks and ETFs within individual plans.
  • The xStation platform stands out with its user-friendly design and intuitive tools, such as adaptable news feeds, sentiment heatmaps, and a trader calculator. These features streamline the learning process for new traders.
  • XTB offers a superb array of educational resources, such as training videos and articles, embedded within the platform to assist traders of all experience levels.

Cons

  • XTB lacks a raw spread account, a feature increasingly offered by competitors such as Pepperstone. This omission might not satisfy traders seeking the most competitive spreads.
  • The demo account lasts only four weeks, posing a challenge for traders wanting to fully explore the xStation platform and refine short-term strategies before investing actual money.
  • XTB has stopped supporting MT4, restricting traders to its own platform, xStation. This decision may discourage experienced traders accustomed to using the MetaTrader suite.

74% of accounts lose money when trading CFDs with this provider.

Our Take On Spreadex

Spreadex attracts UK traders keen on spread betting in financial markets and traditional sports wagers. It offers low fees for short trades, and spread bet profits are tax-free. With a robust charting platform and no minimum deposit, it's easy to begin.

Tobias Robinson Reviewer

Pros

  • Spreadex has integrated Autochartist-powered trading signals into its desktop platform. This offers real-time, pattern-based insights aimed at assisting active traders in spotting potential opportunities.
  • During live trials near London, Spreadex exhibited 120–200ms round-trip latency across over 50 FTSE and EUR/USD trades. There were no requotes, and slippage remained largely controlled under normal market conditions.
  • Over 10,000 instruments and superior access to AIM small-caps are available, including exclusive offerings not found with larger brokers. This provides UK-centric traders with enhanced opportunities in niche small-cap configurations.

Cons

  • Spreadex requires real funds initially, offering no demo accounts. Few spread betting brokers neglect to accommodate new traders in this manner.
  • CFDs, financial spread bets, sports, and casino activities are combined in one account balance. For serious traders, this means non-trading losses can immediately decrease the margin for trading positions.
  • Execution is satisfactory, though not top-tier. Tests showed 0.2–0.4 pip slippage in stable liquid markets, but news-induced volatility increased some fills to around 1 pip. Thinner AIM stocks often experienced 2–4 point slippage.

Our Take On Interactive Brokers

Interactive Brokers ranks highly for seasoned traders due to its robust charting platforms, live data, and bespoke layouts via the new IBKR Desktop app. Its competitive pricing and sophisticated order choices appeal to traders, and its wide equity options are industry-leading.

Tobias Robinson Reviewer

Pros

  • IBKR is a highly respected brokerage, regulated by top-tier authorities, ensuring the integrity and security of your trading account.
  • Interactive Brokers has introduced a single platform linking prediction markets on Kalshi, CME Group, and ForecastEx. Users can trade yes/no contracts on political, economic, and climate events, with fixed $1 payouts. Enjoy 24/6 market access and earn interest on eligible positions.
  • The TWS platform is tailored for intermediate and advanced traders, featuring over 100 order types and a dependable real-time market data feed with exceptional uptime.

Cons

  • TWS has a steep learning curve, making it difficult for newcomers to navigate and grasp its features.
  • IBKR offers a variety of research tools, but their inconsistent placement across trading platforms and the 'Account Management' webpage creates a confusing experience for users.
  • Support can be sluggish and frustrating. Tests reveal that you may face challenges reaching customer service quickly, which could result in delays in issue resolution.

Our Take On IG

IG offers a complete package: an easy-to-use web platform, top-tier beginner education, enhanced charting via TradingView, up-to-date data, and strong trade execution for seasoned traders.

Tobias Robinson Reviewer

Pros

  • IG excels with its diverse instruments, offering stocks, forex, indices, commodities, and cryptocurrencies. Additionally, it provides US-listed futures, options, and an AI Index, ensuring varied diversification opportunities.
  • IG plans to broaden its offering with prediction markets on politics, sport and entertainment in the UK, subject to a gambling licence, with further regions potentially to follow.
  • IG secured a crypto asset license from the FCA, enabling its return to the UK market. It now offers buying, selling, and storage services for over 55 digital tokens with fees starting at 1.49%, all under FCA regulation.

Cons

  • Beginners may find IG's fees complicated, as they vary depending on the trades or services. This could cause confusion and unexpected costs.
  • IG has ended its swap-free account, diminishing its attractiveness to Islamic traders.
  • IG imposes a monthly inactivity fee of $12 to $18 after two years, discouraging occasional investors.

70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Our Take On Trade Nation

Trade Nation caters to discretionary traders aiming to speculate on major indices like the US 500 or liquid FX pairs, with the certainty of fixed spreads. Our tests revealed the TN Trader's fixed spreads to be advantageous, especially during economic announcements, thanks to its dependable charting and capped spreads.

Tobias Robinson Reviewer

Pros

  • Trade Nation's 2026 alliance with Volt has streamlined payments for Australian traders, enabling instant deposits and withdrawals via PayID. Faster payout features are also anticipated for UK and EU clients.
  • The broker expanded into Europe after receiving CMVM approval in Portugal, enhancing protections for European clients.
  • During tests of the TN Trader account in standard market conditions, fixed spreads remained stable. Major forex pairs experienced prompt order fills, albeit with slight entry level drift as prices fluctuated between click and execution.

Cons

  • Offshore SCB and FSA firms offer retail investors leverage up to 1:200 and 1:500. In contrast, regions like the UK, Europe, and Australia cap leverage at 1:30. Thus, an FSA client can access 16 times more exposure than a UK retail client on identical trades. However, this comes with reduced oversight and no compensation schemes.
  • The FCA, CMVM, and ASIC clients are ineligible for the 2–20% rebate scheme. Consequently, active traders in these areas cannot receive transaction rebates.
  • There is no raw or ECN pricing tier, often favoured by traders. Regardless of your deposit or trading volume, you receive the same fixed (or variable on MT4) pricing as novices, rendering it particularly unsuitable for scalpers.

67.3% of retail investor accounts lose money when trading CFDs with this provider.

Our Take On Eightcap

Eightcap excels for traders, offering diverse charting platforms, educational Labs, and AI tools. With over 120 crypto CFDs, it stands out in crypto trading and has won our 'Best Crypto Broker' award twice consecutively.

William Berg Reviewer

Pros

  • Eightcap has excelled in all essential trading areas, surpassing all rivals to clinch our 'Best Overall Broker' award for 2024. It also earned the titles of 'Best Crypto Broker' and 'Best TradingView Broker' for 2025.
  • In 2026, Eightcap integrated TradeLocker in select areas, establishing itself as the premier regulated broker for this platform. It continues to offer ultra-fast execution and competitive fees for active traders using the charting software.
  • Eightcap has launched GOLD247, offering 24/7 gold/USD CFD trading with up to 1:20 leverage, 0.01-lot minimums and zero commission for weekend gold traders.

Cons

  • Despite the growing range of tools available, Eightcap lacks popular industry resources such as Autochartist and Trading Central. These provide advanced charting analytics, live news, and essential market insights for traders focused on short-term strategies.
  • Eightcap must enhance its range of over 800 instruments to rival top competitors like Blackbull Markets, which offers 26,000+ assets, especially improving its limited commodities selection.
  • The demo account is available for 30 days, after which it requires a request for extension. This is less convenient than XM's offering, which provides an unlimited demo mode.

71.28% of retail traders lose money when trading CFDs

How The FCA Protects Traders

FCA-regulated brokers must provide several safeguards to UK traders:

  • Negative balance protection so that you cannot lose more than your account balance should the markets move against you, in effect preventing you from becoming indebted to a broker.
  • Segregated client accounts to keep your funds separate from company capital, protecting your money from misuse or broker insolvency.
  • Limiting leverage to 1:30 for retail investors, helping to minimise losses when trading on margin. The maximum leverage is 1:30 for major forex pairs, 1:20 for other forex pairs, gold and major indices, 1:10 for other commodities and minor indices, and 1:5 for stocks.
  • Participation in the Financial Services Compensation Scheme (FSCS), which can compensate eligible clients up to £85,000 per person, per firm if the broker fails and cannot return your invested money or assets (this does not cover trading losses). Separately, from 1 December 2025, eligible client cash held at a UK bank, building society or credit union is protected as a deposit up to £120,000 per person, per banking licence. FCA-regulated brokers should keep this money in client accounts (segregated or pooled), and the FSCS will usually see through account structures and treat you as the beneficial owner of your amount. However, the £120,000 cap is shared with any other cash you already hold with the same banking group, so it’s worth knowing if your broker’s banking provider is the same as for your personal accounts.
  • External audits to verify the broker has effective controls and systems, plus sufficient liquidity, adding credibility and trust.

The FCA can also ban investing products for up to a year while it contemplates permanent bans. In addition, they enforce proper data protection, as well as working to protect vulnerable customers from trading scams.

The FCA has the power under trading regulations to proceed with legal action against unregulated brokers, and it can offer compensation to consumers up to £30,000 should they get caught in illegitimate deals.

The financial agency has a history of action, particularly in forex, binary options and cryptocurrency markets. The body has handed out significant fines to brokers for manipulating prices and acting against the interests of traders. In fact, the FCA has seen years where it’s given out close to £230 million in fines. This is significantly more than the fines many forex regulatory bodies have handed out in recent years.

How To Check A Broker Is Regulated By The FCA

You can check whether a forex and CFD broker is regulated by the Financial Conduct Authority by following these steps:

  1. Find the broker’s license number (usually visible in the website footer)
  2. Run the license number or company name in the Financial Services Register
  3. Check the broker is authorised to provide online trading services to UK investors

How to check a broker is regulated by the FCA

This is the process our team follows to check whether a brokerage is regulated in the UK. We have verified the regulatory credentials of these FCA-approved brokers:

Dangers Of Unregulated Brokers

Although most financial services providers in the UK are regulated by the FCA, some businesses remain unregulated. We recommend caution if you are considering an unregulated broker – there are several risks:

  • Exposure to online scams that may steal your personal information and money
  • Fewer applicable trading regulations to foster a safe trading environment
  • Limited legal channels if a broker doesn’t pay out your profits
  • Limited payment and user security

Bottom Line

The FCA is the gold standard for investing and trading regulations. Other agencies from around the world, including the Cyprus Securities & Exchange Commission (CySEC), often follow the rules and benchmarks laid down by the FCA.

We always check a brokerage is regulated by the FCA before recommending them to our UK readers. We also consider the firm’s reputation and the quality of its trading products, accounts, fees and services.

FAQ

What Is The FCA?

The Financial Conduct Authority (FCA) is a regulatory body, established in 2013, that monitors financial services in the United Kingdom. It was brought in to replace the Financial Services Authority (FSA) in line with the new regulatory structure of the Financial Services Act. The change followed the 2008 financial crisis which led to legislators wanting a tighter grip on the sector.

The FCA aims to create a safe environment for traders, brokers, and other market participants and has a range of powers and trading regulations at its disposal. It regulates both retail and wholesale financial services companies.

The FCA operates as a separate entity to the UK government and is financed by its 50,000+ industry members.

What Markets Do The FCA Regulate?

Markets and products that fall under the FCA’s trading regulations include: forex, stocks, spread betting, contracts for difference (CFDs), and cryptocurrencies including Bitcoin, Litecoin and Ethereum.

Are All Online Brokers Regulated By The FCA?

No, far from all online brokers are regulated by the FCA, and many will not necessarily make it apparent how they are regulated. Careful traders should make sure they trade with a broker that is regulated by the FCA here in the UK. Use our list of FCA-regulated brokers to find one.

Which Is The Best FCA-Regulated Broker?

There is no single best FCA-approved broker as traders have different needs. With that said, our ranking of FCA-regulated brokers rates the top platforms for a range of trading styles, budgets and markets. Use our list to compare FCA brokers and find the right platform for your needs.

Article Sources

UK Financial Conduct Authority (FCA)

UK Financial Services Register