Best FCA Regulated Forex Brokers

FCA brokers
Experienced forex traders who practice safe trading understand the importance of using the services of regulated forex brokers. One of such regulators is the FCA. FCA regulated forex brokers are highly sought after for many reasons. But what is the FCA?

The FCA (Financial Conduct Authority) is the body responsible for safeguarding the activities of forex brokers and many other financial institutions in the UK. So for UK traders or those looking to trade forex on platforms operated by UK brokers, FCA regulated brokers are the brokers of choice.

In this article, we review some of the best FCA regulated brokers you should consider.

Top Online Forex Brokers List

Broker
Rating
Regulated
Min. Deposit
Demo
Max. Leverage
1.
Admiral Markets

FCA, CySEC, ASIC

Min $100 Deposit

1:500

Review » Visit » Visit
Terms & conditions apply
Risk warning: Trading Forex (foreign exchange) or CFDs (contracts for difference) on margin carries a high level of risk and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. Before using Admiral Markets UK Ltd, Admiral Markets Cyprus Ltd, Admiral Markets AS Jordan Ltd or Admiral Markets Pty Ltd services, please acknowledge all of the risks associated with trading.
2.
Deriv

VFSC, FSC, IBFC

Min $5 Deposit

1 000:1

Review » Visit » Visit
Terms & conditions apply
CFDs are considered complex derivatives and may not be suitable for retail clients. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The products mentioned here may be affected by changes in currency exchange rates. If you invest in these products, you may lose some or all of your investment, and the value of your investment may fluctuate. You should never invest money that you cannot afford to lose and never trade with borrowed money.
3.
ActivTrades

FCA

Min $100 Deposit

50:1

Review » Visit » Visit
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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.
4.
Vantage FX

FCA, ASIC, CIMA, SIBL

Min $200 Deposit

500:1

Review » Visit » Visit
Terms & conditions apply
Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
5.
XM Broker

ASIC, IFSC, DFSA, CySEC

Min $5 Deposit

500:1

Review » Visit » Visit
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.28% 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.
6.
Blackbull Markets

ASIC, VFSC

Min $100 Deposit

500:1

Review » Visit » Visit
Terms & conditions apply
Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
7.
Fusion Markets

ASIC, VFSC

Min $100 Deposit

500:1

Review » Visit » Visit
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% 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.
8.
Eightcap Review

ASIC, VFSC

Min $100 Deposit

500:1

Review » Visit » Visit
Terms & conditions apply
Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing substantially more than your initial investment).
9.
Libertex

CySec

Min $100 Deposit

30:1

Review » Visit » Visit
Terms & conditions apply
Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. 83% of retail investor accounts lose money when trading CFDs with this provider. Trading such products is risky and you may lose all of your invested capital.
10.
Capital.com

FCA, CySEC

Min $20 Deposit

30:1

Review » Visit » Visit
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.

What is FCA Regulation?

The Financial Conduct Authority, or FCA, is a financial regulator based in the United Kingdom. The FCA is in charge of overseeing financial institutions that provide services to consumers.

The FCA is also responsible for maintaining the integrity of the UK financial markets. The FCA regulates both retail and wholesale financial services companies, which are constituted as limited guarantee companies.

More than 60,000 financial services companies are regulated and licensed by the FCA, which is one of the world’s strictest and most reputable regulatory agencies.

Best FCA Regulated Forex Brokers Reviewed

FCA regulated forex brokers operate under a high standard; that is why they are highly trusted. Read our review beolow to find who the best forex brokers are operating with FCA licenses.

1. Exness Group

Exness Logo
Founded in 2007, Exness is one forex broker many have come to trust for their industry best practices and secure platform. This broker is regulated by the FCA of the UK and CySEC of Cyprus. It is also regulated by the FSA of Seychelles. Exness offers traders a wide range of assets, and currently, their platform has more than 120,000 active traders.

You can trade forex, CFDs, metals, crypto, energy, indices, and stocks using any of the five trading accounts they offer. They have professional accounts for experienced big-time traders, as well as pro and zero accounts, among others. As for the trading interface, they have MT4 and MT5 interfaces that have unlimited leverage. As for their pro account, they charge a commission of $3.50 per lot. Exness is an FCA regulated forex broker who else platform you can trust.

What we like
  • Commission-free trading on ETFs
  • Excellent customer support
  • Wide range with currency pairs
What we do not like
  • Some trades are limited due to offshore regulation
  • A limited range of US Stocks
Exness Logo

Min $10 Deposit

Regulated By: FCA, CySEC, FSCA, FSA(SC)

Foundation Year: 2008

Headquarters: Cyprus


Terms & conditions apply
General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs.

2. XTB

XTB LogoXTB was established in 2002, with its headquarters in Warsaw. This forex broker is among the community of forex brokers with European licenses. This broker is regulated by the FCA, the International Financial Services Commission, and CySEC of Cyprus, among others.

XTB offers standard accounts to all traders and special Islamic accounts to traders who are adherents of Sharia with a maximum leverage of 1:500. Traders also have access to 1500 instruments that they can trade on their platform. They have crypto, forex, metals, indices, futures. More importantly, if you are a crypto trader, you will enjoy using XTB because they charge zero commission for crypto trading.

What we like
  • Highly regulated
  • A wide range of assets
  • Advanced xStation trading platform
What we do not like
  • Accepts only bank wire withdrawals
  • Using Wallets to deposit funds attracts fees
XTB Logo

Min Deposit: N/A

Regulated By: FCA, CySEC, CNMV, KNF, IFSC

Foundation Year: 2002

Headquarters: Poland


Terms & conditions apply
77 % 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. Plus 500

Plus500 Logo
Another very good FCA regulated broker is Plus 500. With a client base of more than 300,000 traders worldwide, Plus 500 is definitely one of the heavyweights in the forex trading scene. Besides UK regulation, this broker is regulated by authorities in Australia and Cyprus. Their interface and trading tools are user-friendly, and what’s more? It is fast and secure.

You can also use it across multiple devices since they have desktop and Mobile versions. One great feature of Plus 500 is the analytical tools provided to traders to help them make intelligent trading decisions. With more than 2000 tradable instruments on the platform, you can’t afford to go wrong. The only downside with this broker is that the platform does not have educational materials for beginners and intermediate traders.

What we like
  • A wide range of assets
  • Guaranteed stop-loss order feature available
  • More than 100 chart indicators
What we do not like
  • No training resources are available
  • Lack of new contents
  • Customer support can’t be reached by phone
Plus500 Logo

Min $100 Deposit

Regulated By: ASIC, FMA, FCSA FCA, CySEC, MAS, FSA

Foundation Year: 2008

Headquarters: Israel


Terms & conditions apply
72% of retail CFD accounts lose money.

4. Tickmill

Tickmill
FCA regulated forex brokers have a safe and secured platform, and Tickmill happens to be one of them. If you trade CFDs a lot, you will understand how complex these instruments can be. What better way to trade them than on platforms that help you make the best decisions. Tickmill was established in 2014 and is regulated by FCA, CySEC of Cyprus, and the FSA of Seychelles. There are more than 80 CFD instruments available for trading on the platform.

Their product features also cover indices, bonds, commodities, and forex as well. They offer three types of accounts, namely Pro Account, Classic, and VIP account. For forex traders, they can enjoy several major and minor currency pairs.

What we like
  • Highly regulated for sounds safety
  • Commission-free trades are available
  • Competitive spreads
  • Impressive research tools
What we do not like
  • Lacks an MT5 interface
  • No stocks available for trading
Tickmill Logo

Min $100 Deposit

Regulated By: FCA, FSCA, FSA(SC), FSA, CySEC

Foundation Year: 2014

Headquarters: United Kingdom


Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.27% and 73.32% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

5. FXCM

FXCM Logo
FXCM forex broker is another subsidiary of the FXCM Group which is a financial services enterprise. Established in 1999, this UK-based company maintains offices in several regions, including the US and South Africa. For traders who love spit trading, they will find this platform quite rewarding.

FXCM also offers access to the Treasury Market, CFD, forex, indices, crypto, and many more assets. Initially, traders enjoyed higher leverage with FXCM, but due to ESMA regulations, it has been cut down to 1:30 for major currency pairs.

What we like
  • Multiple trading interfaces
  • Free trading tools are available
  • Low minimum deposit requirement
  • Rich educational section
What we do not like
  • Limited tradable assets
  • US traders are barred from trading on the platform
FXCM Logo

Min $300 Deposit

Regulated By: FCA, ASIC, FSP

Foundation Year: 1999

Headquarters: United Kingdom


Terms & conditions apply
70% of retail investor accounts lose money.

Conclusion

If you want to ensure that your funds are in safe hands, you need to be sure of the forex brokers you trust with your money. FCA regulated brokers are safe because their activities come under stringent rules to protect traders’ investment. You can register with any of the brokers in this review as they are all tested and trusted.

FCA Regulated forex brokers FAQs

What does the FCA do?

The FCA is a legal body recognized by law in the UK to monitor the activities of brokers in the UK and ensure that they play by the rules. Any broker who wants to enter the UK market to reach UK traders must obtain an FCA license.

What does FCS stand for?

FCA stands for Financial Conduct Authority.

Are FCA regulated forex brokers safe?

Yes, they are. In fact, they are some of the best in the industry because they are held to a very high standard.

What will happen if an FCA regulated forex broker engages in sharp practices?

They will be sanctioned according to the law. In some cases they may be fined, but in worst cases, they could be blacklisted and their license revoked.

Can I withdraw my funds at will from a forex broker whose activity is regulated by the FCA?

Yes, you can.

Other Forex Regulators

About James Johnson
About James Johnson

Expert in Economics, Trading, Investments and Personal Finance. Graduated in 2001 in Business Economics and Management at Harvard University. After several years of working in the foreign exchange trading industry, I co-founded Forex Online Brokers in 2015 with the aim of distributing my personal knowledge and professional experiences in the field of trading and investments in general.