CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

FCA-Regulated Forex Brokers

Brokers in our database with an entity licensed by the FCA, with licence numbers and our verification status.

These brokers have a legal entity licensed by the FCA. A licence in the group only protects you if that entity is the one you open your account with, which is normally the case for residents of the United Kingdom.

What to check before choosing

Open the broker’s review and find the FCA row in the entity table. Look the licence number up on the official register and make sure the legal name and website match. If you live elsewhere, change the country at the top of the page to see which entity would serve you instead.

How this list is ranked: brokers must match the criteria above and hold at least one tier 1 or tier 2 licence. They are then ordered by Dossier Score. Measured trading cost is not part of the ranking yet. Methodology.

BrokerDossier ScoreEntity serving youMin. depositPlatformsActions
1 CMC Markets Founded 1989 Listed 91 CMC Markets UK plc FCA #173730 Tier 1 $0 Own platformMT4TradingView Review Visit site
2 Interactive Brokers Founded 1978 Listed 91 Interactive Brokers LLC CFTC/NFA #0258600 Tier 1 $0 Own platformTradingView Review Visit site
3 City Index Founded 1983 Listed 89 StoneX Financial Ltd FCA #446717 Tier 1 — Own platformMT4TradingView Review Visit site
4 Swissquote Founded 1996 Listed Bank 89 Swissquote Bank Ltd FINMA Tier 1 $1,000 MT4MT5Own platform Review Visit site
5 Saxo Founded 1992 Bank 76 Saxo Bank A/S Danish FSA #1149 Tier 2 $0 Own platformTradingView Review Visit site
6 FOREX.com Founded 2001 Listed 62 GAIN Global Markets Inc. CIMA #25033 Tier 3 (offshore) $100 Own platformMT4MT5TradingView Review Visit site
7 Plus500 Founded 2008 Listed 62 Plus500SEY Ltd FSA Seychelles #SD039 Tier 3 (offshore) $100 Own platform Review Visit site
8 IG Founded 1974 Listed 60 IG International Limited BMA Tier 3 (offshore) — Own platformMT4TradingView Review Visit site
9 eToro Founded 2007 Listed 56 eToro (Seychelles) Ltd FSA Seychelles #SD076 Tier 3 (offshore) $50 Own platform Review Visit site
10 OANDA Founded 1996 54 OANDA Global Markets Ltd BVI FSC Tier 3 (offshore) $0 Own platformMT4MT5TradingView Review Visit site
11 Pepperstone Founded 2010 54 Pepperstone Markets Limited SCB #SIA-F217 Tier 3 (offshore) $0 MT4MT5cTraderTradingView Review Visit site
12 XTB Founded 2002 Listed 50 XTB International Limited FSC Belize Tier 3 (offshore) $0 Own platform Review Visit site
13 Admirals Founded 2001 48 Admirals SC Ltd FSA Seychelles #SD073 Tier 3 (offshore) $100 MT4MT5 Review Visit site
14 ThinkMarkets Founded 2010 48 TF Global Markets Int Limited FSA Seychelles #SD060 Tier 3 (offshore) $0 MT4MT5TradingViewOwn platform Review Visit site
15 Eightcap Founded 2009 46 Eightcap Global Ltd SCB #SIA-F220 Tier 3 (offshore) $100 MT4MT5TradingView Review Visit site

Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.

CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.