de | cn | ru

UK forex brokers

Brokers regulated in the UK are some of the most reputable financial services providers worldwide. One of the reasons for this is that London has always been a center for finance. Another, even more important factor, is the UK financial regulator - the Financial Conduct Authority (FCA). The FCA enforces some of the strictest requirements to forex brokers worldwide, sees to their compliance, and those who fail to meet the applicable standards are subjected to salty fines.

 

Here are some of the regulatory requirements UK forex brokers have to meet:

Minimum capital requirement of GBP 730 000 in net tangible assets which must be maintained at all times;

Segregated client accounts;

MiFID regulations are still applicable, and probably most of them will remain in force even after the UK exits the EU. Some of these include a leverage cap of 1:30, provision of negative balance protection on a per account basis, regular transaction reporting, ban on trading incentives such as bonuses, and more.

the FSCS coverage: The Financial Services Compensation Scheme is probably the most important guarantee for the security of traders’ funds. All UK brokers are required to participate in this system, and as a result, if any of them goes bankrupt, its clients can receive up to GBP 85,000 of their trading capital as a compensation.

 

Now that the UK is exiting the European Union, there are a lot of uncertainties in the forex sector, but the FCA works closely with other European regulatory bodies to solve all these problems and continue to ensure a stable financial market.

 

Below, you can find a list of forex brokers, authorized to operate in the UK.

 

Forex

UK forex brokers

Broker Country Regulation Platforms Min.deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
UK FCA MT5 $5 Review Website
US, UK, Canada, Australia, Japan, Singapore CFTC/NFA, FCA, ASIC MT4, Web,
fxTrade
$1 Review
UK, Cyprus FCA, CySEC MT4 - Review
Denmark, UK FSA, FCA, ASIC Web, SaxoTrader $10 000 Review
UK, Australia FCA, ASIC MT4, MT5, Web,
Mirror Trader
$1 Review
UK FCA MT4, MT5,
Darwinex
$500 Review
UK, Autralia, Belarus FCA, ASIC, NBRB MT4, Web,
Fortrader
$100 Review
UK FCA MT4 £100 Review
UK N/A MT4, Web, LMAX
Mobile
$1000 Review
UK FCA MT4 $200 Review
UK FCA MT4 $0 Review
Cyprus, UK CySEC, FCA eToro
WebTrader,
eToro OpenBook
$200 Review
UK FCA MT4, VertexFX,
Straticator
$500 Review
UK, Cyprus, Australia FCA, CySEC, ASIC Web, Mobile $100 Review
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review
UK, Australia FCA, ASIC MT4 $250 Review
UK, Singapore, Australia FCA, MAS, ASIC MT4, AT Pro,
Advantage Web
£100 Review
UK FCA MT4, Z.com
Trader
$1 Review
UK FCA MT4 $250 Review
United Kingdom FCA MT4 $200 Review
UK FCA, CySEC MT4, cTrader No Review
UK, Cyprus, Australia CySEC, FCA, ASIC MT4, Web $20 Review
UK FCA MT4, Web,
Prodigy
$500 Review
UK FCA MT4, Web $500 Review
UK FCA MT4, xStation $1 Review
UK FCA MT4, AT
Pro,Advantage
Web
£100 Review
UK FCA MT4 1000 GBP Review
UK FCA MT4, Vertex $20 000 Review
UK, Cyprus, Dubai FCA, CySEC, DFSA MT4, MT5, Web,
PrimeTrader
$100 Review
UK, New Zealand FCA, FMA MT4 $200 ($50 in NZ) Review
UK, Cyprus, Australia, Estonia FCA, CySEC, ASIC, EFSA MT4, MT5, Web,
Mobile
$200 Review
Australia, UK ASIC, FCA, DFSA MT4 $1 Review
UK FCA Web, DF Trader $1 Review
UK FCA MT4 $200 Review
UK FCA MT4, Web $100 Review
Australia, New Zealand ASIC, FMA MT4, Web,
MahiFX
$1 Review
Cyprus, UK FCA, CySEC MT4 $2000 Review
UK FCA MT4,
DealingScreen,
Currenex
$500 Review
UAE, Hong Kong Central Bank of UAE MT4, Orex Prime $100 Review
UK FCA MT4, WebTrader,
FIX API
$100 Review
UK FCA Markets Trader $500 Review
UK FCA MT4, Core
Trader
$10 Review
UK FCA MT4, MT5 $250 Review
UK,China, Hong Kong, UAE, Australia FCA, ASIC MT4, Pure ECN
Pro
$100 Review
UK FCA MT4, ETX
TraderPro
£100 Review
UK FCA MT4, Web,
Tradable
$250 Review
UK FCA MT4, PIPTRADE
Webtrader
$50 Review
UK FCA MT4 £200 Review
UK, BVI FCA, BVI FSC MT4,
Alpha/Flash
Trader
$250 Review
UK FCA MT4 $500 Review
UK FCA MT4, Atom8
Trader
£5000 Review
UK FCA MT4 $100 Review
UK FCA MT4, MT5 Review
UK FCA MT4, Web $1 Review
UK FCA MT4 $50 Review
UK FCA MT4 $5000 Review
UK, Cyprus, UAE, Lebanon FCA, CySEC, CBL, DFSA MT4, MT5, Web $50 Review
UK FCA MT4, Web £100 Review
UK FCA MT4 $100 Review
UK FCA MT4, Cix Trader $500 Review
UK FCA MT4 $100 Review
UK FCA MT4, EqlTrader $50 Review
UK FCA MT4 $500 Review
UK FCA MT4 £1000 Review
UK FCA web-based Review
UK FCA MT4 $600 Review
UK FCA MT4, Web Review
UK FCA in-house $250 Review
UK FCA in-house £50 Review
UK FCA MT4 $500 Review
UK FCA MT4 $200 Review
UK FCA MT4 Review
UK FCA MT4 N/A Review
UK, Malta FCA, MFSA CrescoTrader $1000 Review
UK FCA MT4, Web Undisclosed Review
UK FCA MT4 Not specified Review
UK FCA MT4 Review
UK FCA MT4 $100 Review
US, EU NFA, FCA Varies Review
UK FCA MT4, MT5 $200 Review
UK FCA MT4 $100 Review
UK, SVG, Hong Kong FCA MT4 $100 Review
New Zealand FCA MT4, Direct
Trading
Software
$500 Review
UK, the Bahamas FCA MT4 €150 Review
UK FCA MT4, Web $1 Review
UK FCA MT4, Web $250 Review
UK Yes MT4 $5000 Review
UK, Belize FCA MT4 €5 000 Review
UK FCA (Authorised Representative) MT4 Not specified Review
UK FCA MT4 $500 Review
UK None MT4, Web $5 Review
UK None MT4 $200 Review
UK None MT4 N/A Review
UK None MT4 $25 Review
UK None MT4 $500 Review
UK No MT4 $5 Review
UK N/A MT4, MT5 $200 Review
UK None MT4 $100 Review
UK None MT4, Sirix £100 Review
UK No MT4 $10 Review
UK No MT4 $1000 Review
UK No MT4 $250 Review
UK No MT4 $1000 Review
UK No MT4 $200 Review
UK No MT4 $25 Review
UK, Vanuatu VFSC MT4 $600 Review
UK None MT4 $250 Review
UK None MT4 None Review
UK None Eurex $10 000 Review
UK None MT4 €500 Review
UK FCA $100 Review
UK No MT4 $100 Review
UK No MT4 $200 Review
UK No MT4 $1000 Review
UK No MT4 N/A Review
UK No MT5 $250 Review
UK No Web N/A Review

Related News

UK's FCA might ban credit card deposits with online forex and CFD brokers

Jan 20 2020 18:21:17 Jonathan Smith in Market

After earlier this month the UK Gambling Commission (UKGC) announced that after April 14th 2020 clients of gaming websites will no longer be able to use credit cards to fund their bets, some experts and analysts say it is high time that the UK's Financial Conduct Authority (FCA) do the same, as quit... Read more

UK's FCA expects up to 10% decline of profits in the forex industry

Jan 16 2020 17:47:56 Jonathan Smith in Market

The Financial Conduct Authority (FCA) expects that the new regulations imposed on the retail forex and CFD brokers in the UK will lead to an overall reduction of their profits of between 6% and 10% - a decline which by the year 2021 may reach between 38.5 million GBP and 55.3 million GBP. Read more

UK’s FCA updates its warning list with A.B.Capitals and LincolnFX

Jan 16 2020 16:48:27 Jonathan Smith in Market

  Another bunch of brokers have made it to the warning list of UK’s Financial Conduct Authority since the beginning of 2020. We’ll focus on two of them - A.B. Read more

FCA to pay £2500 for misleading investor who lost £50000

Jan 12 2020 10:52:48 Jonathan Smith in Market

The Financial Conduct Authority (FCA) in the UK has been ordered to pay 2500 GBP to an investor who lost 50 000 GBP, because of an error on the FCA financial services register, the Financial Times reports. Read more

FCA becomes AML/CTF supervisor of crypto businesses in the UK

Jan 10 2020 16:08:30 Jonathan Smith in Market

  As of today, the UK Financial Conduct Authority (FCA) becomes supervisor of crypto-asset businesses for anti-money laundering and counter terrorist financing (AML/CTF) purposes. Read more

de | cn | ru