Financial Conduct Authority (UK)
- Our tier
- Tier 1
- Jurisdiction
- United Kingdom
- Public register
- Open the official register
The Financial Conduct Authority is the conduct regulator for financial services firms in the United Kingdom. Firms that offer CFDs or spread bets to UK residents must be authorised by it and appear on the Financial Services Register.
What it means for a retail trader
Retail clients of FCA-authorised CFD firms get leverage capped at 30:1 on major currency pairs, negative balance protection, and segregation of client money. Eligible clients may be able to claim from the Financial Services Compensation Scheme (FSCS), up to £85,000 for investment claims, if the firm fails. The FCA has banned the sale of crypto-derivatives to retail clients.
How to check a firm
Search the firm’s legal name or licence number on the official register linked above. Confirm that the name, the number and the website on the register match the firm you are dealing with, and that its permissions cover the product you want to trade. Clone firms often borrow a real firm’s name and number but use a different web address.
Brokers in our database with a FCA licence
| Broker | Dossier Score | Entity serving you | Min. deposit | Platforms | Actions |
|---|---|---|---|---|---|
| Admirals Founded 2001 | 48 | Admirals SC Ltd FSA Seychelles #SD073 Tier 3 (offshore) | $100 | MT4MT5 | Review Visit siteAffiliate link |
| Axi Founded 2007 | 36 | AxiTrader Limited SVG FSA #25417 BC 2019 Registration only | $0 | MT4MT5 | Review Visit siteAffiliate link |
| Capital.com Founded 2016 | 44 | Capital Com Online Investments Ltd SCB #SIA-F245 Tier 3 (offshore) | $20 | Own platformMT4TradingView | Review Visit siteAffiliate link |
| City Index Founded 1983 Listed | 89 | StoneX Financial Ltd FCA #446717 Tier 1 | — | Own platformMT4TradingView | Review Visit siteAffiliate link |
| CMC Markets Founded 1989 Listed | 91 | CMC Markets UK plc FCA #173730 Tier 1 | $0 | Own platformMT4TradingView | Review Visit siteAffiliate link |
| Eightcap Founded 2009 | 46 | Eightcap Global Ltd SCB #SIA-F220 Tier 3 (offshore) | $100 | MT4MT5TradingView | Review Visit siteAffiliate link |
| eToro Founded 2007 Listed | 56 | eToro (Seychelles) Ltd FSA Seychelles #SD076 Tier 3 (offshore) | $50 | Own platform | Review Visit siteAffiliate link |
| Exness Founded 2008 | 42 | Exness (SC) Ltd FSA Seychelles #SD025 Tier 3 (offshore) | $10 | MT4MT5Own platform | Review Visit siteAffiliate link |
| FOREX.com Founded 2001 Listed | 62 | GAIN Global Markets Inc. CIMA #25033 Tier 3 (offshore) | $100 | Own platformMT4MT5TradingView | Review Visit siteAffiliate link |
| FxPro Founded 2006 | 40 | FxPro Global Markets Ltd SCB #SIA-F184 Tier 3 (offshore) | $100 | MT4MT5cTraderOwn platform | Review Visit siteAffiliate link |
| FXTM Founded 2011 | 38 | Exinity Limited FSC Mauritius #C113012295 Tier 3 (offshore) | $200 | MT4MT5 | Review Visit siteAffiliate link |
| HFM Founded 2010 | 42 | HF Markets (Seychelles) Ltd FSA Seychelles #SD015 Tier 3 (offshore) | $0 | MT4MT5Own platform | Review Visit siteAffiliate link |
| IG Founded 1974 Listed | 60 | IG International Limited BMA Tier 3 (offshore) | — | Own platformMT4TradingView | Review Visit siteAffiliate link |
| Interactive Brokers Founded 1978 Listed | 91 | Interactive Brokers LLC CFTC/NFA #0258600 Tier 1 | $0 | Own platformTradingView | Review Visit siteAffiliate link |
| OANDA Founded 1996 | 54 | OANDA Global Markets Ltd BVI FSC Tier 3 (offshore) | $0 | Own platformMT4MT5TradingView | Review Visit siteAffiliate link |
| Pepperstone Founded 2010 | 54 | Pepperstone Markets Limited SCB #SIA-F217 Tier 3 (offshore) | $0 | MT4MT5cTraderTradingView | Review Visit siteAffiliate link |
| Plus500 Founded 2008 Listed | 62 | Plus500SEY Ltd FSA Seychelles #SD039 Tier 3 (offshore) | $100 | Own platform | Review Visit siteAffiliate link |
| Saxo Founded 1992 Bank | 76 | Saxo Bank A/S Danish FSA #1149 Tier 2 | $0 | Own platformTradingView | Review Visit siteAffiliate link |
| Swissquote Founded 1996 Listed Bank | 89 | Swissquote Bank Ltd FINMA Tier 1 | $1,000 | MT4MT5Own platform | Review Visit siteAffiliate link |
| ThinkMarkets Founded 2010 | 48 | TF Global Markets Int Limited FSA Seychelles #SD060 Tier 3 (offshore) | $0 | MT4MT5TradingViewOwn platform | Review Visit siteAffiliate link |
| Tickmill Founded 2014 | 38 | Tickmill Ltd FSA Seychelles #SD008 Tier 3 (offshore) | $100 | MT4MT5TradingView | Review Visit siteAffiliate link |
| Vantage Founded 2009 | 46 | Vantage Global Limited VFSC #700271 Tier 3 (offshore) | $50 | MT4MT5TradingViewOwn platform | Review Visit siteAffiliate link |
| XTB Founded 2002 Listed | 50 | XTB International Limited FSC Belize Tier 3 (offshore) | $0 | Own platform | Review Visit siteAffiliate link |
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.