Financial Conduct Authority logo

FCA

Financial Conduct Authority

United Kingdom

Tier 1 - strictest

What the FCA does

The FCA supervises around 50,000 financial firms in the UK and runs one of the strictest retail trading regimes in the world, with hard leverage caps, marketing rules and a statutory compensation scheme behind client money.

Protections for traders

  • Client fund segregation at approved UK banks
  • FSCS compensation up to £85,000 per eligible client
  • Leverage capped at 1:30 for major FX pairs
  • Mandatory negative balance protection for retail clients
  • Ban on binary options and bonus-style incentives

Best FCA-regulated brokers

Ranked by BrokaBoy score, with ties listed alphabetically.

HFM logo

HFM

9.7/10· Trustpilot 4.3 (2,948 reviews)

Multi-regulated broker formerly trading as HotForex

Min Dep
$0
Spread
0.0 pips
Leverage
1:2000 (entity dependent)

Affiliate link - see our Methodology

CMC Markets logo

CMC Markets

9.3/10· Trustpilot 4.2 (3,386 reviews)

Advanced charts, LSE-listed

Min Dep
$0
Spread
0.0 pips
Leverage
1:30

Affiliate link - see our Methodology

Pepperstone logo

Pepperstone

Featured
9.2/10· Trustpilot 4.2 (3,580 reviews)

Award-winning execution speed

Min Dep
$10
Spread
0.0 pips
Leverage
1:400

Affiliate link - see our Methodology

Axi logo

Axi

9.1/10· Trustpilot 4.1 (7,586 reviews)

Australian MT4 specialist with a strong copy-trading offer

Min Dep
$100
Spread
0.0 pips
Leverage
1:1000 (entity dependent)

Affiliate link - see our Methodology

Forex.com logo

Forex.com

9.1/10· Trustpilot 4.6 (2,481 reviews)

StoneX-owned broker with US and global entities

Min Dep
$100
Spread
0.0 pips
Leverage
1:200

Affiliate link - see our Methodology

Saxo Bank logo

Saxo Bank

9.1/10· Trustpilot 3.6 (8,756 reviews)

Licensed Danish bank offering deep multi-asset market access

Min Dep
$0
Spread
0.4 pips
Leverage
Up to 1:30 (retail, EU/UK)

Affiliate link - see our Methodology

Exness logo

Exness

9.0/10· Trustpilot 4.7 (31,240 reviews)

High-volume retail broker with instant withdrawals and tight majors

Min Dep
$10
Spread
0.0 pips
Leverage
1:2000

Affiliate link - see our Methodology

IG logo

IG

9.0/10· Trustpilot 3.7 (9,975 reviews)

FTSE-listed global leader in CFDs and spread betting

Min Dep
$0
Spread
0.6 pips
Leverage
Up to 1:30 (retail, UK/EU)

Affiliate link - see our Methodology

OANDA logo

OANDA

9.0/10· Trustpilot 3.5 (1,235 reviews)

Precision pricing since 1996

Min Dep
$0
Spread
0.0 pips
Leverage
1:50 (entity dependent)

Affiliate link - see our Methodology

Admirals logo

Admirals

8.9/10· Trustpilot 4.1 (2,165 reviews)

Admiral Markets, an EU-supervised broker with an investing arm

Min Dep
$100
Spread
0.0 pips
Leverage
Up to 1:500 (entity dependent)

Affiliate link - see our Methodology

ThinkMarkets logo

ThinkMarkets

8.9/10· Trustpilot 3.4 (520 reviews)

Multi-regulated broker with its own ThinkTrader platform

Min Dep
$0
Spread
0.0 pips
Leverage
Up to 1:500 (entity dependent)

Affiliate link - see our Methodology

Vantage Markets logo

Vantage Markets

8.9/10· Trustpilot 4.4 (14,731 reviews)

ASIC-supervised group with raw ECN pricing and copy trading

Min Dep
$50
Spread
0.0 pips
Leverage
Up to 1:500 (entity dependent)

Affiliate link - see our Methodology

Interactive Brokers logo

Interactive Brokers

8.8/10· Trustpilot 3.1 (5,486 reviews)

Global multi-asset broker for serious investors

Min Dep
$0
Spread
0.1 pips
Leverage
1:30

Affiliate link - see our Methodology

Moneta Markets logo

Moneta Markets

8.7/10· Trustpilot 4.1 (583 reviews)

Multi-platform broker aimed at active retail traders

Min Dep
$50
Spread
0.0 pips
Leverage
1:1000

Affiliate link - see our Methodology

Capital.com logo

Capital.com

8.6/10· Trustpilot 4.6 (15,090 reviews)

AI-assisted CFD platform with wide market coverage

Min Dep
$10
Spread
0.6 pips
Leverage
1:30 (entity dependent)

Affiliate link - see our Methodology

Eightcap logo

Eightcap

8.6/10· Trustpilot 4.1 (3,898 reviews)

Raw-spread broker with strong crypto CFD range

Min Dep
$100
Spread
0.0 pips
Leverage
1:500

Affiliate link - see our Methodology

Swissquote logo

Swissquote

8.5/10· Trustpilot 3.4 (4,256 reviews)

Swiss bank offering forex and multi-asset trading

Min Dep
$0
Spread
0.0 pips
Leverage
1:100

Affiliate link - see our Methodology

FxPro logo

FxPro

8.3/10· Trustpilot 2.5 (751 reviews)

No-dealing-desk since 2006

Min Dep
$100
Spread
0.3
Leverage
1:500

Affiliate link - see our Methodology

FXTM logo

FXTM

8.2/10· Trustpilot 2.5 (1,106 reviews)

ForexTime, an education-heavy broker with strong emerging-market reach

Min Dep
$100
Spread
0.0 pips
Leverage
Up to 1:5000 (entity dependent)

Affiliate link - see our Methodology

XTB logo

XTB

Featured
8.1/10· Trustpilot 3.6 (2,819 reviews)

Trusted since 2002

Min Dep
$0
Spread
0.5 pips
Leverage
1:500

Affiliate link - see our Methodology

Hantec Markets logo

Hantec Markets

8.0/10· Trustpilot 5.0 (5,368 reviews)

Established broker with sponsorship-backed brand

Min Dep
$0
Spread
0.0 pips
Leverage
1:500

Affiliate link - see our Methodology

Tickmill logo

Tickmill

8.0/10· Trustpilot 2.8 (1,144 reviews)

Low commissions, no gimmicks

Min Dep
$100
Spread
0.0 pips
Leverage
1:1000 (entity dependent)

Affiliate link - see our Methodology

FXCM logo

FXCM

7.9/10· Trustpilot 4.6 (976 reviews)

Long-running CFD broker with strong charting tools

Min Dep
$50
Spread
0.2 pips
Leverage
1:400

Affiliate link - see our Methodology

Plus500 logo

Plus500

7.7/10· Trustpilot 4.2 (19,809 reviews)

Clean CFD trading, no clutter

Min Dep
$100
Spread
0.6
Leverage
1:30

Affiliate link - see our Methodology

Trading 212 logo

Trading 212

7.4/10· Trustpilot 4.6 (102,100 reviews)

Commission-free investing plus CFDs

Min Dep
$1
Spread
0.6 pips
Leverage
1:30

Affiliate link - see our Methodology

eToro logo

eToro

Featured
7.3/10· Trustpilot 4.1 (31,994 reviews)

Social trading, reinvented

Min Dep
$50
Spread
1.0
Leverage
1:30

Affiliate link - see our Methodology

ATFX logo

ATFX

6.5/10· Trustpilot 3.7 (129 reviews)

Global broker with strong Asian and UK presence

Min Dep
$100
Spread
1.8 pips
Leverage
1:500 (entity dependent)

Affiliate link - see our Methodology

Country guides

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