10 Best FCA Regulated Forex Brokers (UK)
10 Best FCA Regulated Forex Brokers (UK) offer peace of mind with strict financial security measures and adhere to high ethical standards.
In this in-depth guide, you’ll learn:
- 10 Best FCA Regulated Forex Brokers
- Benefits of Trading with FCA-Regulated Brokers?
- What is the Primary Objective of the FCA?
and much, MUCH more!
| Forex Broker | Sign Up Here | Minimum Deposit | Leverage |
| 1. IG |  | 0 USD | 1:200 |
| 2. CMC Markets | | 0 USD | 1:30 |
| 3. Plus500 | | 100 USD | 1:300 |
| 4. Pepperstone | | 0 USD | 1:500 |
| 5. City Index | | 150 USD | 1:30 |
| 6. XTB | | 0 USD | 1:500 |
| 7. Exness | | 10 USD | 1:Unlimited |
| 8. FXCM | | 50 USD | 1:1000 |
| 9. eToro | | 50 USD | 1:400 |
| 10. Tickmill | | 100 USD | 1:1000 |
10 Best FCA Regulated Forex Brokers (UK) (2025)
- IG – Overall, The Best FCA-regulated Forex Broker
- CMC Markets – Best Mobile Trading Platform
- Plus500 – Best CFD Forex Broker
- Pepperstone – Best MT4 Forex Broker
- City Index – Great Quality Education Materials and Programs
- XTB – Best Proprietary Platform
- Exness – Best Multi-Asset Trading Platform
- FXCM – Most User-Friendly Platform
- eToro – Best Social and Copy Trading Platform
- Tickmill – Best Commodities Broker
1. IG
IG is a leading global forex and CFD broker founded in 1974 and regulated by top-tier authorities, including the Financial Conduct Authority (FCA) in the United Kingdom.
The broker is especially trusted for its FCA regulation, making it a preferred choice for traders seeking security, wide market access, and professional-grade platforms in a fully transparent environment.
Frequently Asked Questions
Is IG regulated?
Yes, IG is a well-regulated broker. IG entities are regulated by several reputable financial authorities globally. The broader IG is also regulated by bodies like the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC).
What trading platforms does IG offer?
IG offers a variety of trading platforms to cater to different traders’ needs. These include their web-based platform, MetaTrader 4 (MT4), ProRealTime, and L2 Dealer (for DMA). Additionally, TradingView is also available, offering advanced charting and social networking features.
Does IG offer DMA (Direct Market Access)?
Yes, IG offers DMA (Direct Market Access), primarily through their L2 Dealer platform. This platform allows experienced traders to access the order books of major exchanges directly for equities and forex, providing greater transparency and control over their trades.
Is there a minimum deposit to open an account with IG?
For most account types at IG, there is no minimum deposit required to open an account. This allows you to start trading with a comfortable amount. However, it’s always wise to ensure you have sufficient capital for your trading strategy.
Our Insights
IG stands out as one of the most reputable and long-established brokers in the world, offering FCA-regulated services with a strong emphasis on security, transparency, and professional-grade trading tools. Whether you’re looking for in-depth market analysis, reliable execution, or a safe regulatory environment, IG provides a well-rounded, trustworthy trading experience.
2. CMC Markets
CMC Markets is an FCA-regulated broker based in London, established in 1989. It offers secure, transparent trading across various markets, making it ideal for traders seeking a reliable platform with strong regulatory oversight and robust features.
Frequently Asked Questions
Is CMC Markets regulated?
Several reputable financial authorities worldwide have authorized CMC Markets’ entities, making it a well-regulated broker. These include top-tier regulators like the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC).
What platforms does CMC Markets provide?
CMC Markets provides its award-winning proprietary platform, Next Generation, which is available on the web and mobile. They also support the popular MetaTrader 4 (MT4) platform. Additionally, traders can now trade directly from TradingView’s charting platform thanks to its integration.
Can I use a demo account with CMC Markets?
Yes, CMC Markets offers demo accounts for both their proprietary Next Generation platform and MetaTrader 4. These accounts come with virtual funds, allowing you to practice trading in a risk-free environment and familiarize yourself with their platform features and tools.
Is CMC Markets suitable for beginners?
Yes, CMC Markets can be suitable for beginners due to their user-friendly Next Generation platform and the availability of demo accounts for practice. They also offer a wide range of educational resources, including platform guides, articles, webinars, and a Trading Academy.
Our Insights
CMC Markets is a highly reputable and FCA-regulated broker that delivers a powerful trading experience across a vast range of global markets. The broker is well-suited for both beginner and advanced traders. Whether you’re looking for competitive spreads, advanced charting tools, or a trusted regulatory environment, CMC Markets offers a secure and feature-rich solution for serious traders.
3. Plus500
Plus500 is a globally recognized CFD broker known for its easy-to-use platform and strong FCA regulation. Since 2008, it has offered a secure, straightforward trading experience, ideal for traders who prioritize simplicity and trusted regulatory oversight.
Frequently Asked Questions
Is Plus500 regulated?
Yes, Plus500 is a regulated broker. These include the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC), among others, depending on the specific entity and jurisdiction.
What trading platforms does Plus500 offer?
Plus500 primarily offers its proprietary trading platform, available as a web trader and a mobile app for both iOS and Android. While they don’t support MetaTrader 4 or 5, their platform provides comprehensive charting, analysis tools, and order execution capabilities.
Is Plus500 suitable for beginners?
Many traders consider Plus500’s platform suitable for beginners because it offers an intuitive and user-friendly interface. However, beginners should understand the risks of CFD trading and use the available demo account to practice before trading with real money.
Does Plus500 offer educational resources?
Yes, Plus500 offers a suite of educational resources. This includes a Beginner’s Guide covering trading basics, terminology, and strategies. They also provide a Trader’s Guide with platform tutorials and insights, alongside informative articles on various trading topics and market analysis.
Our Insights
Plus500 offers a regulated, beginner-friendly trading environment backed by FCA oversight. While it may not suit those who need advanced platforms like MT4 or in-depth analytics, Plus500 is ideal for traders who value ease of use, strong regulatory protection.
4. Pepperstone
Pepperstone is an FCA-regulated forex and CFD broker recognized for tight spreads, fast execution, and transparency. Founded in 2010, it provides a secure trading environment, ideal for beginners and professionals seeking institutional-grade conditions under trusted regulation.
Frequently Asked Questions
Is Pepperstone regulated by the FCA?
The Financial Conduct Authority (FCA) in the UK regulates Pepperstone under the entity name Pepperstone Limited with license number 684312. This regulation ensures they adhere to the FCA’s strict standards for client fund protection.
What is the minimum deposit to open an account?
Pepperstone does not impose a mandatory minimum deposit to open a trading account. You can fund your Standard or Razor account with an amount you feel comfortable with. However, individual payment methods may have their own specific minimum deposit requirements.
What account types does Pepperstone offer?
Pepperstone primarily offers two main CFD account types: the Standard Account, which is commission-free with spreads starting from 1 pip, and the Razor Account, featuring raw spreads from 0.0 pips plus a commission per lot.
Does Pepperstone have a mobile trading app?
Yes, Pepperstone offers mobile trading apps for both iOS and Android devices. These apps provide full access to your trading accounts, allowing you to monitor the markets, place trades, manage your positions, and access various trading tools on the go.
Our Insights
Regulated by top-tier authorities including the FCA, ASIC, and CySEC, it offers a secure and transparent environment for traders of all levels. With low fees, flexible account types, a wide range of tradable instruments, and excellent customer support, Pepperstone is a strong choice for anyone looking to trade the financial markets efficiently and safely.
5. City Index
City Index is a trusted global broker offering forex, CFDs, and spread betting. Regulated by the UK’s FCA, it combines strong oversight with a wide range of trading tools, making it a reliable choice for serious, security-focused traders.
Frequently Asked Questions
Is City Index regulated?
Yes, City Index is a well-regulated broker. These include the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore 3 (MAS), among others. This ensures a high standard of client protection.
What platforms does City Index offer?
City Index offers a range of platforms, including their proprietary Advantage Web and mobile apps for iOS and Android, known for their integrated TradingView charts and Performance Analytics. They also provide MetaTrader 4 (MT4) with unique tools and Expert Advisors.
Are demo accounts available?
Yes, City Index offers demo accounts for their proprietary Advantage platform and MetaTrader 4. These allow you to practice trading with virtual funds in a realistic market environment, familiarizing yourself with their platform features, tools, and the range of markets they offer.
Does City Index have a mobile app?
Yes, City Index offers mobile trading apps for both iOS and Android devices. You can access live pricing, advanced charting tools powered by TradingView. These apps are part of their proprietary Advantage platform and provide a comprehensive trading experience on the go.
Our Insights
City Index is a trusted, FCA-regulated broker with a strong global presence and over 40 years of experience in the financial markets. Whether you’re a beginner or an experienced trader, City Index provides the tools, regulations, and support needed for a secure and efficient trading experience
6. XTB
XTB is a well-regulated global broker, founded in 2002 and FCA-authorized in the UK. Known for its advanced platform, wide range of instruments, and strong client support, XTB is ideal for traders seeking a secure, all-in-one trading experience.
Frequently Asked Questions
Is XTB a regulated broker?
Yes, XTB is a regulated broker. The XTB Group has multiple entities regulated by different authorities globally. For instance, XTB Limited is authorized and regulated by the UK Financial Conduct Authority (FCA).
What trading platforms does XTB offer?
XTB primarily offers its award-winning proprietary platform, xStation 5, available on web, desktop, and mobile (iOS and Android). As of May 16, 2025, XTB no longer offers MetaTrader 4 (MT4) for newly created accounts.
What is the minimum deposit to open an account?
XTB does not specify a mandatory minimum deposit. This means you can start trading with any amount you are comfortable with. They offer various deposit methods, and while XTB itself doesn’t charge deposit fees, some payment providers might.
What account types does XTB offer?
XTB primarily offers two main account types: the Standard Account and the Pro Account. The Standard Account is commission-free, with spreads that include the broker’s markup. The Pro Account offers raw spreads from 0.0 pips, plus a commission per lot traded.
Our Insights
Traders around the world trust XTB, an FCA-regulated broker that offers access to a wide range of financial instruments through its powerful proprietary platform, xStation 5. Whether you’re looking to trade forex, stocks, indices, or crypto, XTB provides a secure and user-friendly environment with professional support and top-tier oversight.
7. Exness
Exness, founded in 2008, is a globally trusted forex and CFD broker known for transparency, strong regulation, and competitive trading conditions. Its diverse instruments and client-focused features make it a secure, efficient choice for modern traders.
Frequently Asked Questions
Is Exness a regulated broker?
Yes, Exness is a regulated broker with multiple entities authorized by various financial authorities globally. These include the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services.
Which trading platforms does Exness support?
Exness supports a variety of trading platforms to cater to different trader preferences. These include MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both available on desktop, web (WebTerminal), and mobile (iOS and Android).
What is the minimum deposit at Exness?
The minimum deposit at Exness varies depending on the account type and the payment method you choose. For Standard accounts, the minimum deposit can be as low as USD 10, making it accessible for beginners.
Is a demo account available?
Yes, Exness offers demo accounts for both their MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as their Exness Trade App and Exness Terminal. These demo accounts allow you to practice trading in a realistic market environment without any financial risk.
Our Insights
Traders around the world recognize and trust Exness as a well-regulated broker that offers a wide range of trading instruments, account types, and powerful platforms like MT4 and MT5. With FCA regulation (for professional clients in the UK), instant withdrawals, negative balance protection, and 24/7 multilingual support, Exness provides a secure, transparent, and efficient trading environment for traders at all levels.
8. FXCM
FXCM, founded in 1999, is a globally recognized forex and CFD broker regulated by the FCA in the UK. Known for its strong compliance, wide range of instruments, and client protection, FXCM offers a secure, well-rounded trading experience.
Frequently Asked Questions
Is FXCM a regulated broker?
Yes, FXCM is a regulated broker. FXCM Group has entities regulated by several reputable financial authorities, ensuring a level of security and oversight for traders. Stratos Markets Limited (trading as FXCM) is regulated by the Financial Conduct Authority (FCA) in the UK.
What trading platforms does FXCM offer?
FXCM offers a selection of trading platforms to suit various traders’ needs. Their primary platform is the Trading Station, available on desktop, web, and mobile (iOS and Android). They also provide MetaTrader 4 (MT4) and integrate with TradingView.
What is the minimum deposit required?
The minimum deposit to open an account is 50 currency units of your account’s base currency. This applies to individual accounts. FXCM specifies this minimum, it’s always prudent to deposit an amount that aligns with your trading strategy and risk management needs.
Is there a mobile app for trading?
Yes, FXCM offers mobile trading apps for both their proprietary Trading Station platform and MetaTrader 4. These apps are available for both iOS and Android devices, allowing you to trade on the go and access charting tools directly from your smartphone or tablet.
Our Insights
With strong regulatory backing, including oversight from the Financial Conduct Authority (FCA) in the UK, FXCM offers traders a secure environment with features like negative balance protection, segregated client funds, and access to global markets.
9. eToro
eToro, founded in 2007, is a popular multi-asset platform known for social trading and ease of use. FCA-regulated in the UK, eToro combines strong oversight, diverse instruments, and client protection, making it a trusted choice for modern traders.
Frequently Asked Questions
Is eToro regulated?
Yes, eToro is a regulated broker. These include the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC), among others, depending on the operating entity and region.
Does eToro offer a demo account?
Yes, eToro offers a free and unlimited demo account. Upon signing up, you receive $100,000 in virtual funds to practice trading and explore the platform’s features, including social trading and CopyTrader. This allows beginners to learn and experienced traders to test strategies.
Is eToro beginner-friendly?
Many beginners consider eToro beginner-friendly because its intuitive platform design and social trading features, like CopyTrader, help new users learn from and replicate the trades of experienced investors. The platform also provides a free demo account.
What customer support does eToro provide?
eToro offers customer support through a 24/7 live chat, a dedicated customer service team accessible by opening a ticket, and an extensive Help Center with FAQs and articles. They also provide support via email at [email protected] and a call center.
Our Insights
eToro appeals to both beginners and experienced investors. Its regulation by the Financial Conduct Authority (FCA) ensures strong client protection, including segregated funds and FSCS coverage for UK clients. Whether you’re looking to learn from others, diversify your portfolio, or trade independently, eToro offers a secure and engaging platform to support your investing goals.
10. Tickmill
Tickmill is a globally trusted forex and CFD broker known for competitive pricing, fast execution, and FCA regulation. With strong client protection and reliable trading conditions, Tickmill is a solid choice for traders seeking a secure, performance-driven platform.
Frequently Asked Questions
Is Tickmill regulated by the FCA?
The Financial Conduct Authority (FCA) in the United Kingdom authorises and regulates Tickmill UK Ltd under FCA Register Number 717270.1. This regulation provides a level of security and compliance for traders under their UK entity.
What account types does Tickmill offer?
Tickmill offers primarily two main account types: the Classic Account, which is commission-free with spreads starting from 1.6 pips, and the Raw Account, which features raw spreads from 0.0 pips plus a commission of $3 per lot per side.
What trading platforms are available?
Tickmill primarily offers the popular MetaTrader 4 (MT4) platform, available on desktop, web, and mobile (iOS and Android). They also provide access to MetaTrader 5 (MT5), the successor to MT4, offering advanced features and tools, also accessible across various devices.
Does Tickmill offer demo accounts?
Yes. Tickmill provides free demo accounts that allow traders to practice and familiarize themselves with the trading platforms and conditions without risking real money. Demo accounts can be accessed via MT4, MT5, or Tickmill WebTrader.
Our Insights
Tickmill stands out as a trusted and FCA-regulated forex and CFD broker, offering traders a secure environment, competitive trading conditions, and access to powerful platforms like MT4 and MT5. Whether you’re a beginner or a professional trader, Tickmill provides the transparency, tools, and support needed for a confident and reliable trading experience.
Benefits of Trading with FCA-Regulated Brokers
Strong Regulatory Oversight
The Financial Conduct Authority (FCA) enforces strict rules on broker operations, ensuring transparency, accountability, and fair treatment of clients.
Segregated Client Funds
FCA regulations require brokers to keep their funds separate from their operating accounts, protecting your money if the company fails.
Compensation Scheme Protection
Through the Financial Services Compensation Scheme (FSCS), eligible UK clients may be compensated up to £85,000 if the broker becomes insolvent.
Strict Capital Requirements
FCA-regulated brokers must maintain adequate capital to ensure financial stability and reduce risk to clients.
Dispute Resolution and Transparency
Clients have access to fair complaint handling and independent dispute resolution via the Financial Ombudsman Service.
Negative Balance Protection
Your account won’t go below zero, even in high volatility, ensuring you never owe more than you invest.
Trading with an FCA-regulated broker means added peace of mind, legal protection, and a safer environment, especially important for beginners.
In Conclusion
When you trade with an FCA-regulated broker, you access the global markets with confidence, knowing one of the world’s most respected financial regulators protects your rights and funds.
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Faq
The Financial Conduct Authority (FCA) is the UK’s financial regulatory body. Operating independently of the government, it regulates financial firms providing services to consumers and aims to maintain the integrity of the UK’s financial markets.
Choosing an FCA-regulated broker offers significant benefits, primarily enhanced security and consumer protection. The FCA enforces strict rules on client fund segregation, ensuring your money is held separately from the broker’s. Additionally, FCA regulation implies oversight for fair practices and transparent operations.
FCA regulations do impose restrictions on the leverage. As of the current date, the FCA limits leverage for retail traders to a maximum of 30:1 for major currency pairs, with lower limits for other assets based on their volatility.
The Financial Services Compensation Scheme (FSCS) is the UK’s statutory fund of last resort for customers of authorized financial service firms. If a regulated firm fails and cannot meet its obligations, the FSCS steps in to protect eligible deposits.
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