CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Compare FCA Regulated Brokers

For our financial conduct authority (fca) regulation comparison, we found 17 brokers that are suitable and accept traders from United States of America.

We found 17 broker accounts (out of 147) that are suitable for Financial Conduct Authority (FCA) regulation .


Spreads From

EURUSD 1.0 points See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies*
  • Indices
  • Commodities
  • Stocks
  • ETFs


  • Regulated by: Financial Conduct Authority.
  • Established in 1999 HQ in United States.


  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

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79% of retail investor accounts lose money when trading CFDs with this provider

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Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data. *Availability subject to regulation.

The Ultimate Guide to

Finding The Best Financial Conduct Authority (FCA) Regulated UK Brokers For You

What is the FCA?

The Financial Conduct Authority (FCA) is an independent body which oversees and regulates 58,000 UK financial service firms, including forex brokers. This means that when traders use a UK broker regulated by the FCA they can expect to be protected against different types of fraud and financial crimes. The FCA is also the prudential regulator for more than 18,000 financial service firms, meaning it obligates those companies to keep a minimum amount of capital, as well insuring their eligible clients’ investments against insolvency up to £50,000 through the FSCS (Financial Services Compensation Scheme).

What is the Role of the FCA?

The FCA acts as a conduct and a prudential regulator with the FCA adopting a market-based approach in its regulatory supervision of firms. As a regulator of the conduct of the firms operating in the financial services industry in the UK, the FCA performs the following specific functions:

  • Regulating the marketing of financial products
  • Regulation of payment systems
  • Supervision of banks in the UK
  • Maintaining the new set of rules set out in 2012 for independent financial advisers

How does the FCA supervise financial service firms?

Three main pillars of approach are used by the FCA when it comes to conducting supervision of the 56,000 firms under its watch:

  1. For the biggest firms, a system of proactive supervision is used. Scans and stress tests are performed to show if there are any signs of trouble before they have even emerged.
  2. Reactive supervision which is event-driven is also deployed. This means that the FCA may deploy certain measures to protect the market in response to the emergence of any overt or covert risks in any firm or entity. This is done on an entity-by-entity basis.
  3. The FCA also scans multiple firms on a sector-by-sector to see if there are systemic risks affecting entire sectors of the financial markets. Where there is imminent harm to consumers and the markets, the FCA will intervene.

How does the FCA categorise the firms it regulates?

To be able to perform its conduct regulatory functions properly, the FCA allocated entities into two categories as follows:

  1. Fixed portfolio firms, which are supervised on a proactive basis using a system of continuous assessment that is unique to each firm. Each individual firm is given a programme of work which is evaluated at key governance areas during regulation.
  2. Flexible portfolio firms are usually supervised using a different set of regulatory algorithms. Market-based assignments are used in conjunction with educational activity and other communication-based programmes to scan for any risks within the relevant sectors that these companies operate in. In other words, flexible portfolio firms are assessed collectively within the sector they operate and not individually.

Is the FCA a Prudential Regulator?

The FCA also conducts prudential regulation of over 24,000 firms including asset management companies, financial brokerages (stocks, forex), financial advisers, insurance brokerages and mortgage brokerages. The FCA will, therefore, assess a firm’s understanding of the risks of its business, the systems put in place to manage these risks and how the firm mitigates against sudden and unexpected large costs such as may be required in cases of financial sanctions or litigations.

The FCA allocates firms on which it conducts prudential regulatory oversight into one of three categories:

  1. Entities whose collapse would cause widespread systemic and long-lasting financial and reputational damage to client assets, customers and the marketplace. Entities listed in this category are subject to periodic liquidity and capital base assessments every 24 months.
  2. Entities whose collapse would cause damage to both consumers and client assets but would not cause widespread systemic damage. Checks on the capital base and liquidity are conducted every 48 months.
  3. Entities whose collapse are not likely to cause any significant damage to client assets, consumers or the market. Supervision is not periodic: checks are only conducted once risks have emerged.

Why Choose an FCA Regulated Broker?

Choosing a broker in the UK regulated by the Financial Conduct Authority (FCA) can provide an extra level of protection compared to an unregulated broker. For example, it can be easier to check the histories of regulated brokers (by looking through the FCA filings), while brokers are held to a standard of service put in place by the regulator.

How Can the FCA Protect Traders?

While the FCA is there to protect all market players, there is an emphasis placed on consumer protection. The protection of consumers of financial products (including traders who trade forex and other financial market products) is carried out at three intervention points:

1. Pre-consumer Stage FCA intervention
The FCA maintains a Financial Services Register of the companies, individuals and bodies that are regulated by the FCA and the Prudential Regulation Authority (PRA). This record is available to the public and it is possible for traders to search the status of a broker or an individual advisor on this register before committing any funds to trade the financial markets. The presence of a register and the ability to conduct an on-the-spot online check allows traders to detect problematic brokerages or faulty financial market products before committing their hard-earned money into such ventures.

2. Active Consumer Stage FCA intervention
It is always a risk that a brokerage, which has fulfilled all the requirements of an entity with good standing, can lose its way and collapse because of a period of financial mismanagement. This is why it is so important for regulators to constantly assess firms for early warning signs of failing financial health. By constantly conducting risk-assessment of the firms it regulates, the FCA aims to ensure that traders are continually protected throughout their trading careers.

3. Post-Consumer Stage FCA intervention
Sometimes, a little broker carelessness is all it takes to go into insolvency. The FCA’s Financial Services Compensation Scheme (FSCS) is a service that helps eligible traders receive compensation up to the annual limit if they have lost money as a result of the insolvency of their financial firms. Please note that a company must be declared in default by the FSCS before clients can file for compensation, while compensation is also only paid for financial loss alongside a ceiling on what can be paid out as compensation.

Why Choose
For Financial Conduct Authority (FCA) regulation? scored best in our review of the top brokers for financial conduct authority (fca) regulation , which takes into account 120+ factors across eight categories. Here are some areas where scored highly in:

  • 19 + years in business
  • Offers 300 + instruments
  • A range of platform inc. MT4, Web Trader, NinjaTrader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 1.00pips
  • Used by 0 + traders.
  • Offers demo account
  • 1 languages offers one way to tradeForex . If you wanted to trade GBPJPY

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc. have a AAA trust score . This is largely down to them being regulated by Financial Conduct Authority, segregating client funds, being segregating client funds, being established for over 19

Trust Score comparison
Trust Score AAA
Established in 1999
Regulated by Financial Conduct Authority
Uses tier 1 banks
Company Type Private
Segregates client funds

A Comparison of

Want to see how We’ve compared their spreads, features, and key information below.

Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Fixed Spreads
Variable Spreads
EUR/USD Spread 1.00
GBP/USD Spread 0.9
DAX Spread 250.0
FTSE 100 Spread 150.0
S&P500 Spread 50.0

Comparison of account & trading features
Platform MT4, Web Trader, NinjaTrader, Tablet & Mobile apps
Services Forex
Base currency options USD, GBP, EUR
Funding options Bank transfer, Cheque, DebitCard,
Micro account
ECN account