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FCA Regulated forex brokers

27 Best FCA Regulated Forex Brokers FCA Regulated Forex Brokers FCA Regulated Forex Brokers in the UK

The Top 27 Best FCA Regulated Forex Brokers in the UK.

We tested them side by side and verified their regulation status.

This is a complete guide to forex brokers that are FCA regulated.

In this in-depth guide you’ll learn:

What brokers are FCA regulated?
A comparison for each FCA regulated broker.
How to sign up with your ideal broker.
What is the minimum deposit for each of these brokers?
What are the pros and cons for each broker

Let’s dive right in…

The Financial Conduct Authority, more commonly referred to as FCA, is a financial regulatory body which is based in the United Kingdom. The FCA is responsible for the regulation of financial firms which provide services to consumers.

Broker	Regulation	Minimum Deposit	Open an Account
AvaTrade	ASIC, FSA, FCA	$100 / R1600	Click Here
FXCM	FCA, ASIC, FSCA	$300 / R4820	Click Here
Exness	FSCA, FSA, CySEC, FCA, CBCS, FSC (BVI), FSC (Mauritius), SIBA.	$10 / R160	Click Here
Trade Nation	FSCA, SCB, FCA	$0	Click Here
Blackwell Global	FCA	$500 / R8000	Click Here
Equiti	FCA, JSC, DMCC, SCA, CMA	$500 / R8000	Click Here
eToro	CySec, FCA	$50 / R800	Click Here
EVFX	FCA	$500 / R8000	Click Here
ATC Brokers	FCA, CIMA, NFA	$2000 / R32135	Click Here
Plus500	CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA	$100 / R1600	Click Here
FXTM	CySEC, FCA, FSC, FSCA	$10 / R160	Click Here

In addition, the FCA also maintains the integrity of the financial markets in the United Kingdom. Both retail and wholesale financial services firms are regulated by the FCA and it is structured as a company limited by guarantee.

We have listed the best licensed FCA forex brokers in the UK (United Kingdom) based on a set of benchmarks such as currency pairs, minimum deposit, ease of withdrawals, and more.

12 Best FCA Forex Brokers FCA Forex Brokers FCA Forex Brokers in the UK (2023)

AvaTrade
FXCM
Exness
Trade Nation
Blackwell Global
Equiti
eToro
EVFX
ATC Brokers
Plus500
FXOpen
FXTM

The FCA is one of the strictest and most demanding prestigious regulatory bodies in the world and there are more than 56,000 financial services firms under its regulation and authorization.

Let’s get started with the full breakdown of the Top 27 Top FCA Regulated Forex Brokers in the UK.

AvaTrade AvaTrade AvaTrade

Overview Overview Overview

Overall, Avatrade is considered a low-risk and can be summarised as a trustworthy forex broker. Regarding spread and security, Avatrade guarantees fast trading speeds and secure trading conditions. In terms of users, Avatrade has more than 500 000 registered clients globally.

AvaTrade AvaTrade AvaTrade Pros and Cons

Pros	Cons
Fee Free Deposit	Limit Offers
Low Trading Fees	Inactivity Fee
User Friendly	Administration Fee

AvaTrade AvaTrade AvaTrade Features

Feature	Information
RegulationASIC, FSA	ASIC, FSA
Minimum deposit from	$100
Average spread from	0,9 pips
Commissions from	up to 40% commission
Deposit/Withdrawal Fees	No
Maximum Leverage	400:1
Bonuses	Up to 40% sign up bonus for South African traders
Customer Support	24/5

FXCM FXCM FXCM

Overview Overview Overview

FXCM is a well-established online trading broker which has been in operation since 1999 and has traders from around the world who have registered trading accounts with the broker. FXCM offers traders access to a variety of financial instruments, powerful trading platforms, spread betting (only for EU clients), and favorable and competitive trading conditions.

FXCM FXCM FXCM Pros and Cons

PROS	CONS
Well-regulated by reputable regulatory entities	US Clients not allowed
Client funds kept in segregated accounts	EU clients restricted to 1:30 leverage
Commission-free trading offered	Fixed spread accounts not offered
MetaTrader 4 NextGen offered
Access to AutoChartist and PsyQuation premium

FXCM FXCM FXCM Features

Feature	Information
Regulation	FCA, ASIC, FSCA
Minimum deposit from	$360/£300
Average spread from	0.2 pips on EUR/USD
Commissions from	$0.10 on CFDs
Deposit/Withdrawal Fees	None
Maximum Leverage	1:400
Bonuses	None
Customer Support	24/5

Exness Exness Exness

Overview Overview Overview

Exness is a popular online Forex trading broker which was founded in 2008. Exness offers comprehensive trading solutions with the purpose of catering to the various trading needs of traders from around the world despite their trading experience.

Exness is well- and strictly regulated and authorized by CySEC, FCA, and SFSA and ensures client fund security through segregated accounts in addition to providing a safe trading environment.

Exness Exness Exness Pros and Cons

PROS	CONS
Well-regulated	US Clients not allowed
More than adequate maximum leverage offered	Multi-currency account opening not supported
Provision of various trading platforms
Great variety of financial instruments offered

Exness Exness Exness Features

Feature	Information
Regulation	CySEC, FCA, SFSA
Minimum deposit from	$1
Average spread from	0.0 pips
Commissions from	From $3.5 per lot per side
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:2000
Bonuses	None
Customer Support	24/5

Trade Nation Trade Nation Trade Nation

Overview Overview Overview

Trade Nation is considered a low-to-medium risk broker with an overall trust score of 79 out of 99. Trade Nation can be summarised as trustworthy and reliable being regulated and licensed by the FCA, ASIC, FSCA, and SCB (high trust).

Trade Nation Trade Nation Trade Nation Pros and Cons

Pros	Cons
Cash Back Rewards	High Forex Fees
Excellent Resources	No Account Tiers
Good Customer Support	Lacking Safety
No Min. Deposit	No Crypto trading

Trade Nation Trade Nation Trade Nation Features

Feature	Information
Regulation	FCA, ASIC, FSCA and SCB
Minimum deposit from	$0
Average spread from	0.6 pips for both the EUR/GBP
Commissions from	Varies
Deposit/Withdrawal Fees	No
Maximum Leverage	1:30 (FCA regulated), 1:200 (elsewhere)
Bonuses	None
Customer Support	24/5

Blackwell Global Blackwell Global Blackwell Global

Overview Overview Overview

Established in 2010, Blackwell Global is a well-regulated and reputable STP and NDD broker with authorization and regulation through FCA in providing comprehensive financial services in online trading.

When using Blackwell Global to facilitate trading, traders have access to numerous financial instruments which can be traded through powerful trading platforms such as MetaTrader 4.

Blackwell Global Blackwell Global Blackwell Global Pros and Cons

PROS	CONS
Well-regulated	Restricted leverage
Access to more than 15 MetaTrader 4 indicators	Limited range of financial instruments
Trading tools and analytical tools packages as MT4 accelerator	Daily market news or analysis not offered
Client sentiment data provided	No US, Japan, or Belgian clients allowed
	High minimum deposit

Trade Nation Trade Nation Trade Nation Features

Feature	Information
Regulation	FCA
Minimum deposit from	$500
Average spread from	0.1 pips
Commissions from	$4.5 per lot
Deposit/Withdrawal Fees	None
Maximum Leverage	1:30
Bonuses	None
Customer Support	24/5

Equity Equity Equity

Overview Overview Overview

Established in 2013, Equity is an online Forex trading broker based in Jordan which facilitates the trade in a variety of financial instruments. Equiti has registered traders from around the world and has become a well-established and reputable brand.

Traders are provided with tailored solutions despite their trading needs and objectives, or level of trading experience. Equiti offers trading conditions that are comprehensive through the provision of two dynamic account types and access to MetaTrader 4.

Equity Equity Equity Pros and Cons

PROS	CONS
Strictly regulated	High trading and non-trading fees
MetaTrader 4 offered	High minimum deposits
Variety of tradable financial instruments
Demo account offered along with Islamic Option
Adequate leverage offered

Equity Equity Equity Features

Feature	Information
Regulation	JSC, FCA, DMCC, SCA
Minimum deposit from	$500
Average spread from	0.2 pips
Commissions from	$70 per USD 1 million Forex
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	None
Customer Support	24/6

eToro eToro eToro

Overview Overview Overview

Established in 2006, eToro is a reputable and popular Market Maker online Forex trading broker which is also the leading social trading platform. eToro provides options pertaining to copy trading and signal sharing from within a vast online community.

Traders have access to an array of financial instruments which can be traded through the proprietary eToro trading platform and in addition, eToro offers commission-free trading and competitive trading conditions.

eToro eToro eToro Pros and Cons

PROS	CONS
Strict regulation	No US Clients
Commission-free trading	No Fixed spreads
Vast online trading community	MetaTrader not offered
Social trading offered
Variety of financial instruments offered

eToro eToro eToro Features

Feature	Information
Regulation	ASIC, FCA, CySEC
Minimum deposit from	$200
Average spread from	3 pips on EUR/USD
Commissions from	$0
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:400
Bonuses	None
Customer Support	24/6

EVFX EVFX EVFX

Overview Overview Overview

EVFX is a well-regulated, reputable UK-based broker which was founded in 2011 and is under strict authorization and regulation with FCA in offering online trading solutions and services to a great number of traders.

EVFX offers electronic as well as voice access to numerous financial instruments including Forex across all three markets namely Spot, Forwards, and Options. EVFX also offers Non-Deliverable Forwards, or NDFs, and precious metals.

EVFX EVFX EVFX Pros and Cons

PROS	CONS
Well-regulated	US Clients not allowed
Advanced and competitive trading conditions	MetaTrader not offered
The choice between three dynamic accounts	Not recommended for beginners
Customizable trading conditions
Advanced trading platforms supported

EVFX EVFX EVFX Features

Feature	Information
Regulation	FCA
Minimum deposit from	$500
Average spread from	0.1 pips on EUR/USD
Commissions from	As per account type and financial instrument – not indicated
Deposit/Withdrawal Fees	Some fees may apply – not indicated
Maximum Leverage	1:30
Bonuses	None
Customer Support

ATC Brokers ATC Brokers ATC Brokers

Overview Overview Overview

Established in 2005, ATC Brokers is a well-regulated, reliable, and reputable ECN and STP broker which is based in the UK and subsequently regulated and authorized by FCA, CIMA, and NFA.

ATC Brokers offers the trading of Forex and CFD financial instruments through the MetaTrader 4 platform and offers traders competitive and comprehensive trading conditions, services, and solutions.

ATC Brokers ATC Brokers ATC Brokers Pros and Cons

PROS	CONS
Strictly regulated	High commissions
MetaTrader 4 supported	High minimum deposit
PAMM Accounts offered	Limited financial instruments
ECN-pricing	No Islamic Account option
Demo account provided for 60-days

ATC Brokers ATC Brokers ATC Brokers Features

Feature	Information
Regulation	FCA, CIMA, NFA
Minimum deposit from	$2,000
Average spread from	0.3 pips on EUR/USD
Commissions from	$6 round turn per lot
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:200
Bonuses	None
Customer Support	24/5

Plus500 Plus500 Plus500

Overview Overview Overview

With a sole mission of being the leading CFD provider in the Forex market. Plus500 takes an innovative approach to trade CFDs which are complex financial products and trading with them requires experience and knowledge. Products are limited to CFDs but users can look forward to web and mobile platforms that are kept up to date.

The support team is available at all hours of the day and features a WhatsApp chat line as opposed to a telephone line.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. It is a serious and risky activity that requires attention, experience, and knowledge. CFD Service. Your capital is at risk

Plus500 Plus500 Plus500 Pros and Cons

Pros	Cons
User experience is efficient	Limited research tools
Trader’s guide with how-to videos	WhatsApp support needs to be optimised
24/7 customer support

Plus500 Plus500 Plus500 Features

Features	Prices
Minimum Initial deposit to start trading	€100
Average spread EUR/USD – active	N/A
Average spread EUR/USD – standard	Varies
VIP or active trader discounts	No

FXOpen FXOpen FXOpen

Overview Overview Overview

FXOpen is a well-regulated online trading broker headquartered in Australia, the UK, and Saint Kitts and Nevis. FXOpen was one of the first online brokers established and it remains one of the most reputable in offering traders comprehensive trading solutions and services.

FXOpen caters adequately to both retail and institutional clients in its offering of trading conditions to suit various traders and their trading needs and objectives despite their trading experience.

FXOpen FXOpen FXOpen Pros and Cons

PROS	CONS
Strict regulation	US Clients not allowed
Various tools and technologies offered	EU clients restricted to leverage of 1:30
Tightest spreads and lowest commissions	Fixed spread accounts not offered
Free VPS access	Limited tradable financial instruments
Competitive trading conditions

FXOpen FXOpen FXOpen Features

Feature	Information
Regulation	ASIC, FCA
Minimum deposit from	$1
Average spread from	0.0 pips
Commissions from	$15
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:500
Bonuses	Yes
Customer Support	24/5

FXTM FXTM FXTM

Overview Overview Overview

FXTM is a UK, Cyprus, South Africa, and Mauritius-based broker strictly regulated and authorized by CySEC, FCA, FSC, and FSCA.

Traders can expect attractive trading conditions which consist of tight spreads, fast execution speeds, advanced trading tools, and a variety of financial instruments which can be traded over powerful trading platforms.

FXTM FXTM FXTM Pros and Cons

PROS	CONS
Strictly regulated	US Clients not allowed
Variety of financial instruments offered	Restricted leverage for EU-clients
Commission-free trading offered
Low minimum deposit
Variety of account types offered

FXTM FXTM FXTM Features

Feature	Information
Regulation	CySEC, FCA, FSC, FSCA
Minimum deposit from	$10
Average spread from	0.0 pips
Commissions from	$2
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:2000
Bonuses	Yes
Customer Support	24/5

Axi Axi Axi

Overview Overview Overview

Axi is an award-winning broker which was founded in 2007. Axi was founded by experienced traders with the aim of providing trading conditions and solutions for other traders despite their trading needs or objectives.

Axi offers the trade in a variety of financial instruments spread across numerous asset classes and offers a variety of accounts, some of which are zero-commission options, along with MetaTrader NextGen, and access to an array of trading tools.

Axi Axi Axi Pros and Cons

PROS	CONS
Well-regulated	US Clients are not allowed
Commission-free trading	Fixed spread accounts are not offered
MetaTrader NextGen offered	Restricted leverage for EU clients
Access to AutoChartist and PsyQuation

Axi Axi Axi Features

Feature	Information
Regulation	ASIC, FCA
Minimum deposit from	$0
Average spread from	0.0 pips
Commissions from	$7 per round turn
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	None
Customer Support	24/5 – multilingual

HFM HFM HFM

Overview Overview Overview

HFM is a multi-asset broker strictly regulated and authorized by FCA, CySEC, DFSA, and FSCA in offering comprehensive trading solutions along with competitive trading conditions to various traders from around the world.

As the brand name of HFM (Europe) Ltd., HFM places a lot of emphasis on ensuring that client funds are secured in the best ways possible and that traders have the assurance that trading can be conducted in a safe, secure, and dynamic environment.

HFM HFM HFM Pros and Cons

PROS	CONS
Strictly and well-regulated	US Clients not allowed
Strong international presence
Competitive trading conditions offered
A great variety of account types offered

HFM HFM HFM Features

Feature	Information
Regulation	CySEC, FCA, DFSA, FSCA
Minimum deposit from	$5
Average spread from	0.0 pips
Commissions from	$3
Deposit/Withdrawal Fees	None
Maximum Leverage	1:1000
Bonuses	Yes
Customer Support	24/5

House of Börse House of Börse House of Börse

Overview Overview Overview

House of Börse is a UK-based broker which is strictly regulated and authorized by FCA. Established in 2014, House of Börse offers traders comprehensive trading solutions and competitive trading conditions when trading an array of financial instruments.

Traders have access to Forex, stocks, stock options, and several other instruments spread across a variety of asset classes. House of Börse is an ECN and DMA broker which provides direct market access to top Tier-1 liquidity providers.

House of Börse House of Börse House of Börse Pros and Cons

PROS	CONS
Well-regulated	High minimum deposit
Reputable broker	Restricted leverage
Competitive trading conditions	Spreads are not the tightest
MetaTrader 4 offered
Industry standard commissions charged

House of Börse House of Börse House of Börse Features

Feature	Information
Regulation	FCA
Minimum deposit from	$5,000
Average spread from	0.0 pips
Commissions from	$3 per side
Deposit/Withdrawal Fees	No
Maximum Leverage	1:100
Bonuses	None
Customer Support	24/5

IG IG IG

Overview Overview Overview

IG has been in operation since 1974 in offering traders online trading solutions and access to trading over 16,000 financial instruments through powerful trading platforms.

IG is multi-regulated through several entities including FCA, ASIC, FMA, MAS, and FSCA, amidst others and provides traders with competitive trading conditions along with assurance in client fund security.

IG IG IG Pros and Cons

PROS	CONS
Regulated by multiple reputable entities	High minimum deposit requirement
Over 16,000 financial instruments
Variety of account options offered
Competitive trading conditions
Longstanding history and good reputation

IG IG IG Features

Feature	Information
Regulation	FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF.
Minimum deposit from	$250
Average spread from	0.1 pips on Indices
Commissions from	0.10% CFD EU
Deposit/Withdrawal Fees	None
Maximum Leverage	1:200
Bonuses	None
Customer Support	24/5 – multilingual

Interactive Brokers Interactive Brokers Interactive Brokers

Overview Overview Overview

Established in 1978, Interactive Brokers is a well-established Market Maker broker which is strictly regulated and authorized by US SEC & CFTC, ASIC, and FCA in providing traders with online trading solutions.

Interactive Brokers is one of the largest US brokers and offers its services and solutions to numerous traders from around the world including access to sophisticated trading platforms, trading tools, transparent fee schedules, competitive pricing, and more.

Interactive Brokers Interactive Brokers Interactive Brokers Pros and Cons

PROS	CONS
Multi-regulated	Fixed spread accounts not offered
Variety of accounts and options offered	Restricted leverage for some jurisdictions
Cutting edge platforms supported across multiple devices	Islamic Account option not offered
Comprehensive trading conditions	MetaTrader not offered
Multiple trading tools offered

Interactive Brokers Interactive Brokers Interactive Brokers Features

Feature	Information
Regulation	US SEC & CFTC, ASIC, FCA
Minimum deposit from	$0
Average spread from	Variable spreads – not indicated
Commissions from	Tiered or fixed – not indicated
Deposit/Withdrawal Fees	After the first free withdrawal
Maximum Leverage	1:400
Bonuses	None
Customer Support	24/5

Key to Markets Key to Markets Key to Markets

Overview Overview Overview

Key to Markets is a well-regulated broker which was established in 2010 and has offices situated in New Zealand, the UK, and the United Arab Emirates.

Traders can expect competitive trading conditions which offer the tightest spreads in the industry, low commissions, and access to trade over 200 financial instruments through powerful trading platforms.

Key to Markets Key to Markets Key to Markets Pros and Cons

PROS	CONS
Strictly regulated	US Clients not allowed
Commission-free trading accounts provided	Only two account types offered
FIX API offered
PAMM Accounts available

Key to Markets Key to Markets Key to Markets Features

Feature	Information
Regulation	FCA, DMCC
Minimum deposit from	$100
Average spread from	0.0 pips
Commissions from	$8/€6 per traded lot round turn
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:500
Bonuses	None
Customer Support	24/5

LCG LCG LCG

Overview Overview Overview

Established in 1996, LCG has a longstanding history of being not only a well-established online trading broker but one that is trusted in providing comprehensive trading conditions and trading services to traders from around the world.

LCG boasts of having a client deposit a total of around $1 billion along with having approximately $20 trillion worth of trades that have already been executed.

LCG LCG LCG Pros and Cons

PROS	CONS
Strictly regulated by multiple entities	Fixed spread accounts not offered
Powerful trading platforms supported	Exclusion in some countries
Competitive trading conditions offered	High commissions and fees
A great variety of financial instruments offered
Award-winning broker

LCG LCG LCG Features

Feature	Information
Regulation	FCA, CySEC, SCB
Minimum deposit from	$0
Average spread from	0.0 pips
Commissions from	$10
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	None
Customer Support	24/5

Pepperstone Pepperstone Pepperstone

Overview Overview Overview

Since its establishment in 2010 to date, Pepperstone has proven to be a reliable and reputable online trading broker which offers cutting-edge technology along with tight spreads, low latency, and high execution speeds.

Pepperstone offers its traders competitive trading conditions along with providing a dynamic trading experience that corresponds with a unique trading environment in which a variety of financial instruments can be traded through a variety of trading platforms.

Pepperstone Pepperstone Pepperstone Pros and Cons

PROS	CONS
Well-regulated	No US Clients
Award-winning customer support	Fixed spreads not offered
Social trading offered
Hedging and scalping allowed

Pepperstone Pepperstone Pepperstone Features

Feature	Information
Regulation	ASIC, FCA, DFSA
Minimum deposit from	$200
Average spread from	1 pip
Commissions from	AU$3.5
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	Yes
Customer Support	24/5

Price Markets Price Markets Price Markets

Overview Overview Overview

Established in 2013, Price Markets is a reputable ECN and STP online trading broker which offers a diverse range of trading services. Price Markets caters to an array of traders despite their varying trading needs, objectives, or level of trading experience.

Price Markets adequately caters to both retail and institutional clients and offers a variety of financial instruments that can be traded through the user-friendly yet sophisticated MetaTrader 4 amidst numerous other trading platforms.

Price Markets Price Markets Price Markets Pros and Cons

PROS	CONS
Well-regulated	US Clients not allowed
Tight spreads	Limited leverage
PAMM and MAM Accounts offered	Limited range of financial instruments
Prime trading solutions offered to institutional traders

Price Markets Price Markets Price Markets Features

Feature	Information
Regulation	FCA
Minimum deposit from	$5,000
Average spread from	0.0 pips
Commissions from	$3.5
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:30 for retail, 1:200 for professional
Bonuses	None
Customer Support	24/5

X Open Hub X Open Hub X Open Hub

Overview Overview Overview

Based in the UK, X Open Hub is a fin-tech company that has been operating since 2013 as an online trading provider and a provider of multi-asset liquidity.

Traders have access to over 3,000 financial instruments which are spread over numerous asset classes and trading conditions include low-latency execution along with tight spreads and access to investments in various exotic markets.

X Open Hub X Open Hub X Open Hub Pros and Cons

PROS	CONS
Well regulated	No US Clients
Unique offering	Not recommended for beginners
Powerful trading platforms supported
Advanced technology employed in trading solutions

X Open Hub X Open Hub X Open Hub Features

Feature	Information
Regulation	FCA
Minimum deposit from	Not specified
Average spread from	0.0 pips
Commissions from	Not indicated
Deposit/Withdrawal Fees	None
Maximum Leverage	1:30
Bonuses	None
Customer Support	24/5

Sucden Financial Sucden Financial Sucden Financial

Overview Overview Overview

Sucden Financial has been offering its services since 1973 and is a London-based online trading broker which offers trading solutions to a variety of traders from around the world.

Sucden Financial has subsidiaries in Russia, Hong Kong, and the USA which ensures the provision of cross-border regulated solutions to a great variety of clients.

Sucden Financial Sucden Financial Sucden Financial Pros and Cons

PROS	CONS
Well-regulated	Individual trading accounts not offered
Offers comprehensive services to corporations, institutions, and brokers	High minimum deposit
Variety of trading platforms supported
Competitive solutions offered

Sucden Financial Sucden Financial Sucden Financial Features

Feature	Information
Regulation	FCA, SFC, NFA
Minimum deposit from	Not indicated
Average spread from	0.0 pips
Commissions from	Not indicated
Deposit/Withdrawal Fees	None
Maximum Leverage	1:100
Bonuses	None
Customer Support	24/5

TeraFX TeraFX TeraFX

Overview Overview Overview

TeraFX is a London-based online trading broker which is strictly regulated and authorized by the FCA in facilitating the trade of numerous financial instruments through the powerful and user-friendly MetaTrader 4.

Traders are offered an unparalleled trading environment that is not only fully regulated and safe but with the added benefit that trading conditions are tailored to meet their trading needs, objectives, different trading styles, and levels of trading experience.

TeraFX TeraFX TeraFX Pros and Cons

PROS	CONS
Well-regulated	No US clients
Reputable broker	No Islamic Account option
Wide variety of account types	Only one trading platform provided
Comprehensive trading conditions	Mark-up charged on some accounts
Demo Account offered	Leverage offered is restricted to 1:30 except for professional traders

TeraFX TeraFX TeraFX Features

Feature	Information
Regulation	FCA
Minimum deposit from	$100
Average spread from	0.6 pips
Commissions from	$2
Deposit/Withdrawal Fees	None
Maximum Leverage	1:30 (Retail)
Bonuses	None
Customer Support	24/5

ThinkMarkets ThinkMarkets ThinkMarkets

Overview Overview Overview

ThinkMarkets is a reputable online trading broker strictly regulated by ASIC and FCA in offering traders from around the world comprehensive trading solutions and competitive trading conditions.

ThinkMarkets’ approach incorporates online trading technology with the provision of advanced trading platforms to provide traders with a dynamic and diverse trading environment.

ThinkMarkets ThinkMarkets ThinkMarkets Pros and Cons

PROS	CONS
Strict regulation	No US Clients
Commission-free trading account	Leverage restricted for EU clients
VPS service	Fixed spread accounts not offered
Islamic Account option and demo account provided
Competitive trading conditions

ThinkMarkets ThinkMarkets ThinkMarkets Features

Feature	Information
Regulation	ASIC, FCA
Minimum deposit from	$250
Average spread from	0.1 pips
Commissions from	$3.5 per side
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	None
Customer Support	24/6

TIO Markets TIO Markets TIO Markets

Overview Overview Overview

Established in 2019 and still a young broker, TIO Markets has already gained a substantially good reputation through its unique and diverse offering of competitive trading conditions which cater to a great variety of traders despite their needs and trading styles.

TIO Markets offers its trading solutions and services at a monthly subscription in providing traders with comprehensive trading conditions and solutions, along with access to a broad range of financial markets in the trading of numerous financial instruments.

TIO Markets TIO Markets TIO Markets Pros and Cons

PROS	CONS
Strict regulation	US Clients are not allowed
Zero deposit/withdrawal fees	Limited financial instruments and funding options
Powerful trading platforms	Spreads on some accounts are not the tightest
Competitive trading conditions	Social trading not offered
Fast withdrawals guaranteed	High subscription fees

TIO Markets TIO Markets TIO Markets Features

Feature	Information
Regulation	FCA, SVGFSA
Minimum deposit from	$24.95 per month
Average spread from	0.0 pips
Commissions from	$2
Deposit/Withdrawal Fees	None
Maximum Leverage	1:200, 1:500 on request
Bonuses	Yes
Customer Support	24/5

Valbury Capital Valbury Capital Valbury Capital

Overview Overview Overview

Established in 2010, Valbury Capital is a financial investment firm that is strictly regulated by the FCA in offering unique trading solutions and services. Valbury Capital combines superior client services with the provision of powerful trading technology.

Through this, traders are offered tailored solutions along with service which is personalized to meet the needs of individual clients despite their trading objectives, styles, or level of experience.

Valbury Capital Valbury Capital Valbury Capital Pros and Cons

PROS	CONS
Well-regulated	US Clients not allowed
Unique offering	Not suited for beginners
Suited for private investors, corporate and institutional clients, partners	Demo account and Islamic account option not offered
Range of financial instruments offered	High minimum deposit
Range of powerful trading platforms supported	Restricted leverage

Valbury Capital Valbury Capital Valbury Capital Features

Feature	Information
Regulation	FCA
Minimum deposit from	$10,000
Average spread from	Not indicated
Commissions from	Not indicated
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:30
Bonuses	None
Customer Support	24/5

Vantage FX Vantage FX Vantage FX

Overview Overview Overview

Vantage FX is a reputable and well-regulated broker with regulation and authorization through FCA, ASIC, CIMA, and SIBL. When using Vantage FX to facilitate trades, traders are offered attractive and competitive trading conditions which are tailored and dynamic.

Traders are offered award-winning customer service, over 300 financial instruments which can be traded, a variety of trading tools, education, and more.

Vantage FX Vantage FX Vantage FX Pros and Cons

PROS	CONS
Well-regulated	No US Clients
Over 300 financial instruments	No fixed spread accounts
Commission-free trading offered
MAM and PAMM accounts
Social trading offered

Vantage FX Vantage FX Vantage FX Features

Feature	Information
Regulation	FCA, ASIC, CIMA, SIBL
Minimum deposit from	$200
Average spread from	0.0 pips
Commissions from	$2
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	Yes
Customer Support	24/5

XM XM XM

Overview Overview Overview

XM was established in 2009 and has grown into one of the most reputable and popular online trading brokers serving more than 2.5 million traders in around 196 countries worldwide.

XM has a long history in providing superior online trading services along with competitive trading conditions which are tailored to the needs of a variety of traders.

XM XM XM Pros and Cons

PROS	CONS
Strict regulation	No US Clients
Negative balance protection	No fixed spread accounts
Competitive trading conditions
Variety of account types

XM XM XM Features

Feature	Information
Regulation	FCA
Minimum deposit from	$5
Average spread from	0.0 pips
Commissions from	$1
Deposit/Withdrawal Fees	None
Maximum Leverage	1:888
Bonuses	Yes
Customer Support	24/5

Frequently Frequently Frequently Asked Questions

What does FCA stand for?

Financial Conduct Authority.

What is the FCA?

The FCA is based in the UK and it is a financial regulatory body responsible for the regulation of financial firms, such as online trading brokers, that provide services to consumers.

Which brokers do the FCA oversee?

The FCA oversees a great number of brokers who offer their services to EU clients specifically. These brokers are often regulated by more than one entity, allowing them to offer services to various other traders around the world.

Which are the best High leverage FCA-regulated brokers?

There are numerous reputable brokers, some of the best can be found on this list.

How do these brokers ensure client fund security?

The FCA, along with other regulatory entities, requires that brokers keep client funds in segregated accounts separate from the funds of the firm. These funds may only be used for trading activities and must be withdrawable at any given time.

Most brokers are also members of compensation schemes with providing added security if the broker is unable to meet its financial obligation. In such instances, compensation is provided to eligible clients for any loss that they may have suffered as result.

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