This collection is not just limited to CFD trading; all the same products are also available for spread betting. Spread betting is a popular alternative to CFD trading since there are tax savings. And like with Forex trading on a standard account, spread betting has no commissions.

Regulated by the FCA and ASIC, Pepperstone upholds the highest standards of integrity and reliability, ensuring a secure trading environment. If you’re looking for a broker that prioritizes customer satisfaction and offers a wide range of trading options, Pepperstone is a solid choice for traders in the UK. XTB is a top choice for traders who value in-depth market analysis and research tools.

How To Choose The Best FCA-Regulated Brokers?

Registration verifies basic contact details but doesn’t permit regulated activities requiring higher authorization standards. The regulators also monitor licensees closely for signs of troubling behavior. If it seems like a broker might be playing games with traders’ money or contracts, they’ll swoop in to investigate. Of course, no system is foolproof – lmfx review but the deterrent of potential FCA enforcement definitely discourages the vast majority of bad brokers from trying their luck in the UK. Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons.

Which FCA-Regulated Broker Has The Lowest Spreads In The UK?

The FCA has strict Client Money Rules brokers must follow when handling traders’ funds. Key among them is requiring money to be kept in segregated accounts, separate from the broker’s operating capital. Other rules mandate appropriate record-keeping and reconciliations to always account for every client penny. Adhering to these protections helps maintain integrity as traders focus on what really matters – their strategies. When it comes to Forex trading in the UK, the FCA plays a vital oversight role. The FCA also monitors brokers for compliance with regulations addressing issues like financial promotions and client money protection.

Which FCA-Regulated Broker Offers The Best CFD Trading Platforms?

1. Popular broker eToro, on the other hand, is all-in on social and copy trading.
2. This collaboration provides a degree of positive flexibility to forex traders, particularly after Brexit.
3. Given that Pepperstone topped our scoring methodology, it is no surprise we think they are the best broker overall.
4. When it comes to choosing a Forex broker in the UK, traders generally consider those that maintain FCA regulation as providing the best overall experience and peace of mind.
5. FP Markets offers the revered MetaTrader 4 and 5 platforms, enhanced with features that elevate your trading efficiency.

The FS Register is a public record of firms, individuals and other bodies that are, or have been, authorised by us or the PRA. You can search the FCA website to confirm the broker’s status and check for any disciplinary action. When looking for a broker regulated by the FCA, you should pay special attention to the following points. For the first time since 2002, they completed a revision of the standard CCDC bond forms…

For those just starting out and casual retail traders, social and copy-trading strategies offer an opportunity to harness the wisdom of crowds and learn from seasoned experts. Social trading, as the name implies, involves mimicking the trading behaviour of a group of like-minded individuals. Copy trading, where smaller traders literally duplicate the positions of professionals and experts, goes even further. Both can help you test out or explore new trading strategies, however, not all platforms offer the necessary trading tools and integrations. If you don’t see MetaTrader Signals, Duplitrade, or ZuluTrade included in a broker’s offering, you may need to move on. As a ‘mobile-first’ brokerage, this British firm has poured significant time (and money) into developing a powerful, intuitive app that offers a pared-down interface without skimping on trading tools.

Always conduct your own due diligence and backtest any strategies you’d like to replicate before risking real money. Pepperstone offers the best CFD trading platforms, including MT4, MT5, cTrader, TradingView, and Capitalise.ai. Regardless of your preferred financial market, trading product, or trading strategy, this broker has a platform (or combination of platforms) to meet your needs.

It’s responsible for developing and enforcing rules and regulations to protect consumers and ensure market integrity. Swing trading is another popular trading strategy that seeks to capitalize on short-term price fluctuations in the market. This approach involves establishing and liquidating positions over a period of days or weeks, rather than minutes or seconds. Swing trading is particularly appealing in the forex market due to its high liquidity, competitive spreads, and 24-hour-a-day availability. To succeed in the forex market, it’s crucial to adopt effective trading strategies and techniques. Forex brokers provide a range of these, such as day trading, scalping, swing trading, position trading, hedging, and price action trading.

The Financial Conduct Authority (FCA) is a regulatory body, established in 2013, that monitors financial services in the United Kingdom. It was brought in to replace the Financial Services Authority (FSA) in line with the new regulatory structure of the Financial Services Act. The change followed the 2008 financial crisis which led to legislators wanting a tighter grip on the sector.

What is negative balance protection in forex trading?

FCA-regulated brokers face strict compliance requirements to remain licensed. With compensation, too, clients can trade fearlessly under the FCA’s watchful purview. XM is an excellent choice for traders looking for a well-rounded platform with a focus on customer support. They offer a range of account types and various trading instruments, catering to traders’ diverse needs. Regulated by ASIC, CySEC, and the IFSC, XM provides a high degree of regulatory oversight, ensuring the safety of traders’ funds.

To help you we publish some of this information on our website and even test the xm forex review broker spreads ourselves. You can benefit from these spreads with TradingView, a platform with advanced charts and tools that can help analyse the markets, with quality-of-life improvements to trading like one-click trading. The Plus500 trading app impressed us with its responsive charting, boasting 50+ trading indicators, a guaranteed stop loss and price alerts to stay informed on market shifts. These features proved invaluable for swift market analysis and receiving push notifications when our set price alerts were triggered, even on the go. In addition to low trading spreads, Pepperstone has no inactivity fees or deposit and withdrawal charges, so we think the broker is worthy of their score of 6.8 out of 10 for trading costs. We favour Pepperstone for its harmonious blend of low trading costs, swift execution, and additional MetaTrader 4 services like Capitalise.ai and Myfxbook for automated trading.

This is 72% lower than the industry average of 0.22 pips, though you have to pay $3.50 per lot traded, which is about average. We always check a brokerage is regulated by the FCA before recommending them to our UK readers. We also consider the firm’s reputation and the quality of its trading products, accounts, fees and services.

FCA regulated brokers are those that go through the entire FCA registration process for brokers to offer their services within the UK. Still traders are kept very well protected with negative balance protection and segregated accounts holding both mandatory. The ICF (Investor Compensation Fund) provided by the FCA also protects investors for amounts up to £85,000 in the case of insolvency or bankruptcy. Below is our curated list and review of the best forex brokers regulated by the FCA, with details and information about the regulation, the features, and the characteristics.