List of FCA Regulated Forex Brokers in the UK

The Financial Conduct Authority (FCA) is the main regulatory agency of financial service providers in Great Britain.

This article will help you to find a safe and regulated broker in the UK.  Check out the list below that was prepared based on our expertise and in-depth research.

Top FCA-Regulated Brokers:

  1. eToro
  2. Pepperstone
  3. XTB
  4. HF Markets
  5. Henyep Markets (HYCM


Broker's NameMore informationQuality ScoreFCA reference nbr.Minimum depositTrading PlatformsOur Review


76% of CFD retail investor accounts lose money.

99%583263 50 USDCopyTrader™ Review


81.7% of CFD retail investor accounts lose money.

99%684312 200 GBPcTrader,
MT4. MT5 Metatrader


82% of CFD retail investor accounts lose money.

99% 5221571 GBPxStationReview

HF Markets

68.35% of CFD retail investor accounts lose money.

98%80170150 GBPMetaTrader 4
MetaTrader 5
HFM Platform


72% of CFD retail accounts lose.

85%186171200 GBPMT4, MT5, Webtrader


71% of CFD retail accounts lose.

96%504072 100 GBPMetatrader MT4,


76% of CFD retail accounts lose.

70% 195355100 GBPMT4, Webtrader


73% of CFD retail accounts lose.

70%1737301000 GBPMT4,Webtrader


71% of CFD retail accounts lose.

70%55142210000 GBPSaxoTrader GO, SaxoTrader PRO


76% of CFD retail accounts lose.

70%434413500 GBPMT4, MT5, Webtrader


77% of CFD retail investor accounts lose.

46%509909100 GBPWebtrader-

73% of CFD retail accounts lose.

20%190864100 GBPMT4, MT5, Webtrader

#1 – eToro




eToro is a social trading broker regulated by the FCA. eToro has been in the business since 2008 and they claim to have over a million traders. eToro broker is considered very safe. It is regulated by Tier 1 regulators in the UK and Australia and several Tier 2 regulators.  You can try  free demo account with $10,000 virtual money.  In the recent years eToro has introduced stocks trading with zero commision.

Most clients choose eToro for their unique social copy trading platform that allows them to automatically copy all trades of successful investors of their choice. Broker provides an access to over 2000 financial markets and instruments including foreign currency pairs, shares, cryptocurrencies, indices, commodities and ETF Exchange Traded Funds.

eToro clients can access eToro’s safe crypto wallet,


  • CopyTrader feature that allows you to automatically copy successful traders
  • Minimum deposit £50
  • Buy/Sell Real Stocks With ZERO Commission
  • Proprietary crypto wallet
  • 46 currency pairs, 60+ Cryptocurrencies, 1600 Shares
  • Competitive forex spreads starting from 1 Pips


  • US Dollar as the only base account currency


76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

etoro trading platform

#2 – Pepperstone



Pepperstone has been awarded as the best FCA-regulated forex and CFD broker.

Pepperstone broker is considered safe. This fx broker is regulated by several Tier 1 financial regulators. Company is headquartered in Melbourne Australia with offices in London. Pepperstone offers an access to a vast amount of financial instruments including 70+ Currency pairs, 100’s of CFDs on Shares, Spread betting for UK/Ireland clients, Commodities, Indices and Cryptocurrencies. It is an excellent choice for both beginners and advanced traders.


  • Ultra Tight Forex Spreads
  • Top platforms on the market: MetaTrader MT4, MT5, cTrader, WebTrader
  • Broker regulated by FCA UK, ASIC Australia, BaFin Germany etc
  • Offices in London UK
  • GBP British Pound  is account currency
  • Minimum deposit £0 for UK traders
  • 60+ currency pairs to choose from


  • US clients are not accepted


81.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.


#3 – XTB


XTB broker is authorised and regulated by the UK Financial Conduct Authority

XTB is a public company, their shares are listed on Warsaw Stock Exchange. Based on the countless user reviews this fca broker is very client oriented and therefore popular among the sophisticated traders and investors.



  • xStation trading platform is very user friendly
  • Strong focus on high quality education for clients
  • Awarded as the Best CFD Trading platform of 2018 / 2019 / 2020
  • Fast trade execution
  • Buy/Sell Real Stocks With ZERO Commission
  • Forex trading, CFD Cryptocurrencies, Real Stocks
  • Minimum deposit 1 GBP
  • 46 currency pairs available
  • Competitive fees starting from 0,5 Pips


  • Higher fees for stock CFDs


82% of CFD retail investor accounts lose money.

XTB review

XTB review

Frequently Asked Questions (FAQ)

Why Trade with an FCA Broker ?

First and foremost FCA is one of the strongest financial regulators in the world with a long-standing reputation for guaranteeing trader security. FCA’s role is to maintain a safety financial environment and punish harsh brokers.

Besides the FCA there are only few other Tier 1 financial regulators such as ASIC and Cysec.

FCA oversees all British financial firms such as ECN Brokers in the UK, MT4 Brokers UK and thus provides safety for all british traders.

The benefits of trading with FCA regulated trading brokers:

  1. Financial Service Compensation Scheme (FSCS) – a guarantee to be compensated up to 50,000 GBP in case something goes wrong with the broker
  2. Operating Capital must be at least 1 million GBP
  3. Segregated Bank Accounts – broker must keep his operational funds segregated from client’s money
  4. Instant Withdrawal Processing – broker must ensure to process all withdrawals almost instaneously

What is Financial Conduct Authority

FCA Financial Conduct Authority
Image source:

The FCA (former FSA) stands for the “Financial Conduct Authority“, representing an important independent financial regulatory body in the United Kingdom. It is an official financial markets regulatory agency in the UK. It is based in London, UK and its main responsibility is to regulate and examine the operation of financial institutions incl. brokerages.

With that in mind, the main aim is to ensure that the code of conduct is fair and that all the firms in the UK operate accordingly. It is considered to be one of the most serious regulators not only in Europe but also in the World.

How to check if the broker has FCA license

Are you in doubt if your  forex broker is on the list of  FCA regulated brokers ?

  1. First of all, head to their website:
  2. Type your brokerage name into “SEARCH by company, person product” field
  3. In case you cannot find anything, check broker’s website as many of them have a business name that is different to their name on the website.
  4. Didn’t find anything ? You might have been scammed.  Just contact the FCA (see below details)
  5. Also beware of the “clone companies” that are a big problem nowadays and clear sign of a forex scam. In fact they piggyback on other successful brands and mimick them. They seem to be FCA forex brokers but in fact they are not. In fact they piggyback on other successful brands and mimick them.

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