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

Brokers licensed by the FCA

Pepperstone

Top Pick

4.7(1,892)

Award-winning execution speed

Min Dep

$0

Spread

0.1

Leverage

1:400

FCA ASIC CySEC

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CMC Markets

4.7(1,523)

Advanced charts, LSE-listed

Min Dep

$0

Spread

0.3

Leverage

1:30

FCA ASIC BaFin

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Tickmill

4.6(876)

Low commissions, no gimmicks

Min Dep

$100

Spread

0.0

Leverage

1:500

FCA CySEC FSA

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XTB

Top Pick

4.6(3,120)

Trusted since 2002

Min Dep

$0

Spread

0.5

Leverage

1:30

FCA CySEC KNF

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OANDA

4.5(2,087)

Precision pricing since 1996

Min Dep

$0

Spread

0.4

Leverage

1:50

FCA NFA ASIC

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FxPro

4.5(1,245)

No-dealing-desk since 2006

Min Dep

$100

Spread

0.3

Leverage

1:500

FCA CySEC FSCA

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eToro

Top Pick

4.4(5,211)

Social trading, reinvented

Min Dep

$50

Spread

1.0

Leverage

1:30

FCA CySEC ASIC

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Plus500

4.3(4,210)

Clean CFD trading, no clutter

Min Dep

$100

Spread

0.6

Leverage

1:30

FCA CySEC ASIC

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