FCA Regulated Forex Brokers

FCA Regulated Forex Brokers | Find A Forex Trading Broker

FCA Regulated Forex Brokers Comparison Table
Online BrokerMinimum DepositOnline Trading PlatformsKey Features
£50
Minimum Deposit
MT4, Advanced Trading Platform, Web Trader
Online Trading Platforms
CFD Trading With Support For Expert Advisors On MT4 & For Traders Who Execute their Own Trades On MT4, Web Trader and the Advanced Trading Platform
Key Features
£29
Minimum Deposit
Web Trader & Apps
Online Trading Platforms
CFD Trading Of 150+ Forex Pairs On a User Friendly Platform
Key Features
$100
Minimum Deposit
MT4
Online Trading Platform
CFD Trading With A Wide Range Of MT4 Trading Accounts From Premium To ECN
Key Features
$100
Minimum Deposit
Web Trader & Apps
Online Trading Platform
CFD Trading On A User Friendly Web Trader (and Apps) Designed For The Trader Who Executes Their Own Trades
Key Features
£200
Minimum Deposit
MT4, MT5, cTrader
Online Trading Platforms
CFD Trading With Support For News Trading, Automated Trading & Traders Who Execute Their Own Trades
Key Features
None
Minimum Deposit
MT4, Web Trader, Advantage Web, AT Pro
Online Trading Platforms
CFD Trading & Spread Betting With A Wide Range And Relatively Large Number Of Markets To Trade
Key Features
£10
Minimum Deposit
MT4
Online Trading Platform
CFD Trading Allowing Very Small Trade Sizes & A Very Low Minimum Deposit On Its Cent Account Along With A Range Of Other Accounts Types From ECN To Pro
Key Features
£100
Minimum Deposit
MT4
Online Trading Platform
CFD Trading With 200+ Markets To Trade On MetaTrader 4
Key Features
None
Minimum Deposit
MT4, MT5, Trade Interceptor
Online Trading Platforms
CFD Trading On MT4, Its Successor MT5 Plus User Friendly Trade Interceptor & Spread Betting On MT4 & MT5
Key Features

FCA Regulated Forex Brokers

In the table above are a selection of brokers which offer Forex trading, regulated by the Financial Conduct Authority (FCA) in the United Kingdom. Forex trading is speculating on the change in value of Forex pairs, which are traded as CFDs (Contracts For Difference) or in some cases with spread betting (specified in the Key Features box above) at the brokers in the table. In neither case does the trader own any markets, rather trades on the difference in value between the beginning and end of the trade. CFDs and spread betting markets reference the value of the underlying markets they are based on. Thus the trader can trade a market (i.e. speculate on the change in its value) without owning it. CFDs allow high leverage, and can just as easily let the trader short a market (speculate on its falling in value) as go long (speculate on its rising in value). However increasing leverage increases risk and leverage has been limited to .

FCA regulation offers a range of protection to retail customers, including that trader's funds are held in segregated accounts along with protections stemming from the EMSA rules, such as standardised risk warnings giving the percentage of traders losing money each quarter, a stop-out level of 50% (this helps protect the capital in the trader's account from adverse moves) and limits on leverage.

One consequence of the limits on leverage is that the trader cannot normally trade with as small account size as they could previous to these rule changes, if the broker has a lowest minimum trade size of micro lots (0.01 lots). However if the brokers offers a Cent account which allows trade sizes smaller than standard micro lots, then they can still trade with smaller account sizes with lower leverage. In general through an appropriately capitalised account along with a sensible approach to leverage are approaches the trader may wish to follow.

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