FCA Regulated Brokers | UK Regulated Forex Brokers

FCA Regulated Forex Brokers

The FCA (Financial Conduct Authority) is the new name of the FSA. Compare FCA regulated brokers and understand the steps they take to protect your funds:

	HotForex Micro Account	More »
	HotForex Premium Account	More »
	HotForex Islamic Account	More »
	HotForex Currenex Account	More »
	eToro eToro Account	More »
	eToro Islamic Account	More »
	eToro Premium Account	More »
	FXCC ECN Standard	More »
	FXCC ECN Advanced	More »
	Plus500 Live Account	More »
	FxPro MT4 Fixed	More »
	FxPro cTrader	More »
	FxPro MT4 Floating	More »
	FxPro MT5 Floating	More »
	FOREXYARD Standard Account	More »
	FOREXYARD VIP Account	More »

	AUD/USD (AUDUSD) AUD/USD (AUDUSD) EUR/USD (EURUSD) GBP/USD (GBPUSD) USD/CHF (USDCHF) USD/INR (USDINR)	Leverage	Commission / lot	Min. deposit	UK
HotForex Micro Account	2 pips 1.2 pips 2.1 pips 2 pips NA NA	1:1000 1:1000 1:1000 1:1000 NA NA	$0	$5	FCA No. 600473	Visit broker »
HotForex Premium Account	2 pips 1.2 pips 2.1 pips 2 pips NA NA	1:400 1:400 1:400 1:400 NA NA	$0	$500	FCA No. 600473	Visit broker »
HotForex Islamic Account	2 pips 1.2 pips 2.1 pips 2 pips NA NA	1:400 1:400 1:400 1:400 NA NA	$0	$500	FCA No. 600473	Visit broker »
HotForex Currenex Account	0.8 pips 0.6 pips 1 pip 0.9 pips NA NA	1:400 1:400 1:400 1:400 NA NA	$5	$500	FCA No. 600473	Visit broker »
eToro eToro Account	3 pips 3 pips 4 pips 3 pips NA NA	1:400 1:400 1:400 1:400 NA NA	$0	$400	FCA No. 523775	Visit broker »
eToro Islamic Account	3 pips 3 pips 4 pips 3 pips NA NA	1:400 1:400 1:400 1:400 NA NA	$0	$400	FCA No. 523775	Visit broker »
eToro Premium Account	3 pips 3 pips 4 pips 3 pips NA NA	1:400 1:400 1:400 1:400 NA NA	$0	$20000	FCA No. 523775	Visit broker »
FXCC ECN Standard	0.5 pips 0.5 pips 1 pip 0.5 pips NA NA	1:300 1:300 1:300 1:300 NA NA	$7.5	$100	FCA No. 549790	Visit broker »
FXCC ECN Advanced	0.5 pips 0.5 pips 1 pip 0.5 pips NA NA	1:200 1:200 1:200 1:200 NA NA	$4	$100000	FCA No. 549790	Visit broker »
Plus500 Live Account	4 pips 2 pips 1 pip 8 pips NA NA	1:300 1:300 1:300 1:300 NA NA	£0	£100	FCA No. 509909	Visit broker »
FxPro MT4 Fixed	1.7 pips 1.6 pips 1.8 pips 1.6 pips NA NA	1:500 1:500 1:500 1:100 NA NA	$0	$500	FCA No. 509956	Visit broker »
FxPro cTrader	0.8 pips 0.3 pips 0.7 pips 1.9 pips NA NA	1:500 1:500 1:500 1:100 NA NA	$4.5	$1000	FCA No. 509956	Visit broker »
FxPro MT4 Floating	1.6 pips 1.4 pips 2 pips 1.8 pips NA NA	1:500 1:500 1:500 1:100 NA NA	$0	$500	FCA No. 509956	Visit broker »
FxPro MT5 Floating	1.6 pips 1.4 pips 2 pips 1.8 pips NA NA	1:500 1:500 1:500 1:100 NA NA	$0	$500	FCA No. 509956	Visit broker »
FOREXYARD Standard Account	3.1 pips 2.2 pips 2.8 pips 2.9 pips NA NA	1:200 1:200 1:200 1:200 NA NA	$0	$100	FCA No. 507880	Visit broker »
FOREXYARD VIP Account	3.1 pips 2.2 pips 2.8 pips 2.9 pips NA NA	1:200 1:200 1:200 1:200 NA NA	$0	$10000	FCA No. 507880	Visit broker »

Opening an account with a broker regulated by the UK's Financial Conduct Authority (FCA) offers 2 levels of protection:

Protection under FCA Rules

Under FCA rules, brokers have an obligation to protect their clients' money and assets.

FCA regulated brokers must place all money paid and owed to traders into separate bank accounts. These accounts should only contain client money and cannot co-mingle with the brokers' own funds. This process, known as segregation, must happen on a daily basis.
The FCA requires that brokers establish a trust over these accounts. This prevents the bank from using funds in client money accounts to set off debts owed by the broker. In other words, the trusteeship protects your money in the event of bankruptcy.

However, account segregation alone cannot protect against fraud or criminal behaviour. In March 2012, WorldSpreads, a London-listed spread betting operator was wound down after the discovery of an alleged accounting fraud that left £13m missing from its clients’ accounts. And in 2011, MF Global, a 228-year-old US brokerage firm, filed for bankruptcy after losing $1.6 billion of its customers' money.

Financial Services Compensation Scheme (FSCS)

The FSCS provides another level of protection for customers of FCA regulated brokers. The FSCS is the UK's compensation fund of last resort and is the institution you can turn to for compensation if your broker is unable, or likely to be unable, to pay claims against it. This typically happens when it has stopped trading or has been declared in default.

Limits apply to how much compensation FSCS may be able to pay, and those limits vary between different types of financial products. The maximum levels of compensation for investments is £50,000 per person per firm