Top Fca Brokers for 2023
We found 11 online brokers that are appropriate for Trading Fca.
Best Fca Brokers Guide
Updated March 28, 2023
FCA Brokers
FCA Forex brokers are financial agents or firms who are regulated by the FCA and need to abide by the rules the financial conduct authority set out. They are segregated into two as mentioned below:
Fixed portfolio firms - Under a fixed portfolio, the financial companies are supervised on a proactive basis.
Flexible portfolio firms - The regulatory algorithms here are different and are based on market-based assignments.
Best FCA Brokers
| Best FCA Broker | Account Features | FCA Broker Trading |
|---|---|---|
| Used By: 180,000 Instruments Available: 2250 Number Of Shares Available: 2,100 Minimum Deposit: 200 |
Platforms: MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android Negative Balance Protection: Yes Inactivity Fee: No Losses can exceed deposits |
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| Used By: 1,000,000 Instruments Available: 100 Number Of Shares Available: 0 Minimum Deposit: 1 |
Platforms: MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps Negative Balance Protection: No Inactivity Fee: No Losses can exceed deposits |
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| Used By: 30,000,000 Instruments Available: 5000 Number Of Shares Available: 2,042 Minimum Deposit: 50 |
Platforms: Web Trader, Tablet & Mobile apps Negative Balance Protection: Yes Inactivity Fee: Yes 79% of retail investor accounts lose money when trading CFDs with this provider. |
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| Used By: 3,500,000 Instruments Available: 1000 Number Of Shares Available: 160 Minimum Deposit: 5 |
Platforms: MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Negative Balance Protection: Yes Inactivity Fee: Yes CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
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| Used By: 400,000 Instruments Available: 1200 Number Of Shares Available: 1,100 Minimum Deposit: 200 |
Platforms: MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps Negative Balance Protection: Yes Inactivity Fee: No 74-89 % of retail investor accounts lose money when trading CFDs |
FCA - A Brief Introduction
Formerly known as the FSA, the authority currently regulates more than 560K financial institutions. The group was initially aimed at promoting fiscal services in the UK by facilitating the services in their entirety. The authority promotes and maintains the integrity of the economy to safeguard its rights. It is, hence, a regulatory body that is industry-wide and recognized globally.
FCA Meaning
What does FCA mean? FCA is an abbreviation of the Financial Conduct Authority a regulatory body for Forex regulated brokers and other financial service companies in the UK.
It is an independent body and regulates about 58,000 financial service companies in the United Kingdom. Its regulations protect Forex traders against financial crimes and misconduct.
Monitoring And Supervision
The UK Financial Conduct Authority is supervised by the FCA Board appointed by MPs. The FCA's site offers extensive information on all its activities and chief workers.
This involves everything from the way they take care of business to expenses and allowances, along with details about its Board members.
They published the FCA handbook containing all of its Legal Instruments prompting firms to function according to the rules mentioned in the handbook.
The UK FCA is the main authority for customers as well as Forex traders (with retail investor accounts). It employs a properly organized system that offers a safety net for the types of businesses that involve high risk and fraudulent activities.
The UK is one of the most prominent countries when it comes to the financial market, this means they need this authority to offer retail investors and firms financial guidance.
Transparency
The FCA makes it its duty to offer as much information as possible to the public. Its main strategy involves numerous reports and data on firms they regulate and about related Forex brokers.
Whenever they need information from a company, they openly reveal why they need it.
The FCA also publishes audit reports regularly. They have to be compliant with the regulations on classified information, and that sometimes keeps them from revealing important information.
However, they can reveal information if a certain Forex broker or CFD broker is not going to be acknowledged by the viewers.
The Main Types of FCA Share Dealing Brokers
Below are the types of FCA share dealing Forex brokers found in the industry:
Discretionary Brokers
Discretionary Forex brokers are best suited for traders who prefer to sit back and relax instead of having to handle retail investor accounts on their own.
These types of brokers handle the buying and selling decisions so the trader does not have to. Keep in mind that you may have to share the dealing charges associated with such brokers.
Advisory Brokers
This type of broker offers advice on the types of shares that will be good enough to buy or sell.
After that, whether they want to buy or sell the shares is up to the trader.
Exectution Brokers
This type of broker executes orders based on the trader's instructions and does not interfere at all.
Guidelines For FCA Brokers
The Financial Conduct Authority requires every brokerage business operating within the UK financial markets to hold at least £1 million worth of operational capital. Although the required cash capital amount in a Forex broker may not surpass the NFA policy in the US, it is still substant.
Additionally, the compensation the FCA once provided was raised to £50K. For regulated Forex brokers, firms have to comply with a streamlined application process to get a British license.How Does The FCA Intervene In The Case Of Financial Abuse
The FCA uses discretionary powers to administer bans and fines to brokers who do not comply with the regulations established by the body. The regulatory body favours traders and recently in March 2020 banned the short-selling of stocks in more than eighty firms to safeguard the economy during the pandemic.
The FCA's Main Achievements
The Financial Conduct Authority's achievements are significant, considering its short history.
The UK Financial Conduct Authority took to regulating the UK financial and trading industry. London is now regarded as a major financial centre for the global markets.
Before the authority was set up, there was no system in the UK to safeguard retail investors from firms that marketed financial instruments and trading tools that pose a significant risk to clients.
The instant achievement of the FCA is the advancement of requirements for financial companies developed to protect clients, as well as policies to aid those who have been adversely affected, get convenient access to a remedy.
The Financial Conduct Authority is also changing the attitudes of the firms working in the global markets in the UK. This change has led to more transparency in product offerings, marketing strategies and the expansion of a more client-friendly approach.
In changing how firms operate internally and how they help customers with problems, the FCA has offered a much safer environment and better financial relationships for the financial markets in the UK.
Does The FCA Benefit Forex Traders?
The Financial Conduct Authority oversees the way companies in the financial industry work with their clients.
Therefore, it is safe to say that the FCA does work to benefit consumers, its main focus is on facilitating healthy competition in the financial markets.
However, considering that the Financial Conduct Authority is a regulatory body for every regulated financial services provider, it does not offer mediation services for problems between Forex brokers regulated and their clients.
Despite this, it is recommended to check whether you are working with an FCA regulated broker, especially if you want to take advantage of the reliability of a regulation.
You can also check the Financial Conduct Authority's warning list.
How The FCA Protects Traders On The Financial Markets
The FCA protects all retail traders who are conducting Forex trades with the help of an FCA regulated broker via Forex trading platforms. Let us find how the FCA does this:
Pre-Consumer Stage FCA Intervention
Financial Services Register of FCA Forex brokers is maintained by FCA and can be found in the public domain to help Forex traders know about them before opening retail investor accounts and starting trading CFDs, Forex, etc., using trading platforms.
The presence of such a register is highly helpful to traders as they can detect faulty market products and problematic brokerages before investing.
ActiveConsumer Stage FCA Intervention
To better confirm that traders are well protected, the FCA assesses regulated brokers constantly for warning signs of financial health is about to decline. It is like conducting risk-assessment to ensure retail traders are always protected.
Post-Consumer Stage FCA intervention
Sometimes carelessness on the part of FCA regulated Forex brokers may lead to insolvency. Under such circumstances, there's a policy to compensate the UK traders.
Traders in this instance would be covered by the Financial Services Compensation Scheme managed by the FCA.
The FCA regulated broker you trade must be covered and registered with the FSCS. FSCS stands for Financial Services Compensation Scheme.
Segregated Client Funds
Every authorised financial services provider worldwide makes it necessary for regulated brokers to separate client funds from publicly-traded company funds.
The UK's Financial Conduct Authority, Australian Securities and Investments Commission, Cyprus Securities and Exchange Commission, Financial Market Authority New Zealand, and the National Futures Association all make segregated client funds mandatory as that safeguards retail investor accounts whenever a publicly-traded company goes bankrupt.
How The FCA Supervises Regulated Brokers And Financial Markets
FCA follows three approaches to regulate Forex brokers as mentioned below:
- Proactive supervision is implemented for the largest companies. To find any signs of financial ill-health stress tests and scans are conducted regularly.
- Under this regulatory supervision the emergence of risks can be detected and measures are taken. The supervision is done entity-by-entity.
- Simultaneously the FCA scans several companies sector-by-sector to find systemic risks that may affect sectors of the financial markets. Simultaneously, the FCA scans several companies sector-by-sector to find systemic risks that may affect sectors of the financial markets.
Negative Balance Protection
Negative balance protection (or NBP) is a risk management technology/compensation scheme that keeps traders from losing money rapidly. It ensures that traders do not end up losing more than their initial deposit into their retail investor accounts.
Programmed to safeguard retail investor accounts from going into irrecoverable debt, NBP closes open trading positions whenever retail investor accounts balance touches zero.
Although certain types of FCA regulated brokers offering financial instruments offer NBP to their clients, all FCA regulated Forex brokers are obligated to offer NBP to safeguard clients' funds.
FCA Regulations On Forex Brokers
Below are the regulation-based that the FCA performs:
- Education companies on Financial Conduct Authority activities.
- Guaranteeing fair treatments and transparency for clients.
- Offering advice to regulated Forex brokers on regulatory issues.
- Promote healthy financial relationships, innovation, and competition among brokers.
- Registering partners and members.
- Working with regulated Forex brokers to identify risk and create ways to reduce them.
- Record keeping.
- Receiving returns annually.
- Guaranteeing that Forex brokers offer a vast variety of financial instruments.
- Making sure that registered brokers offer customers an unbiased market analysis.
Is the Financial Conduct Authority A Prudential Regulator?
Yes. The UK Financial Conduct Authority functions as a prudential regulator to a large number of firms, i.e., nearly half of the firms it regulated in 2020.
The FCA is responsible for conducting prudential regulation by ensuring that a company understands its potential risks as well as the systems it has established to safeguard against those risks.
The FCA also requires satisfactory answers about whether a company can handle an unexpectedly large cost to its ledger.
How The FCA Categorises The Firms Companies It Regulates
To perform its regulatory functions right, the FCA allocates into the categories as mentioned below:
- Fixed portfolio firms are controlled regularly via a system of constant assessment that is specific to each company. The financial services authority facilitates work programs for every individual firm, regulated in the main areas of governance during FCA regulation.
- Flexible portfolio firms, on the other hand, are supervised using varying regulatory algorithm sets. Assignments based on global markets are used in combination with academic activity as well as other communication-centric programs to scan for risks within the appropriate sectors that such firms operate in. Put simply, these types of firms are collectively evaluated within the sector they run in, not individually.
FCA Roles
FCA regulates the marketing of financial products and payment systems. It supervises the banks and monitors procedures and rules to facilitate safe financial integrity.
The Financial Conduct Authority performs the following functions when supervising the financial industry:
- Controlling the overall marketing of financial instruments.
- Regulating payment systems.
- Supervising UK-based banks.
- Maintaining the rules established in 2021 relating to independent entities and individuals offering investment advice.
How Do You Check If A broker Is Regulated By The FCA?
Below are the ways you can check if your Forex broker is regulated by the Financial Conduct Authority:
- The first way to check FCA regulation is to refer to the authority's website, i.e., https://register.fca.org.uk/.
- Type in the Forex broker's name in the 'search by company' section.
- In case you have no luck finding any results, check the brokerage business' website since many of them have a different business name on their websites.
- If you do not find anything, chances are that you have been scammed.
- Also be wary of clone companies. They are easy to tell apart from FCA regulated brokers. Such firms capitalize on the success of other larger firms and mimick them.
Why Choose A FCA Regulated Broker?
In the United Kingdom, FCA regulated brokers are seen as providing additional protection compared to those Forex brokers who are not regulated by any financial services authority.
By checking the FCA filings you can learn which FCA regulated brokers are better for you. You can cross-check their history before finalizing with one to help you trade successfully.
FCA Regulated Brokers Verdict
Opting for a UK-based broker that is actively regulated by the Financial Conduct Authority offers an additional level of protection when you compare it next to an unregulated broker.
For instance, it is often more convenient to look at the historical records of FCA regulated brokers via the FCA filings. The FCA regulated brokers also have to follow a standard established by the regulator.
We have conducted extensive research and analysis on over multiple data points on Fca Brokers to present you with a comprehensive guide that can help you find the most suitable Fca Brokers. Below is a list of what we consider to be the best fca brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Fca Brokers.
Reputable Fca Brokers Checklist
There are a number of important factors to consider when picking an online Fca trading brokerage.
- Check your Fca broker has a history of at least 2 years.
- Check your Fca broker has a reasonable sized customer support of at least 15.
- Does the Fca broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Fca broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Fca broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Fca can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Fca Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Fca Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Fca Brokers of 2023 compared
Here are the top Fca Brokers.
Compare Fca Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are fca brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more fca brokers that accept fca clients
| Broker |
eToro
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Pepperstone
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XTB
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AvaTrade
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Trading212
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SpreadEx
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FXPro
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Plus500
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Admiral
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ThinkMarkets
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HY Markets
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| Regulation | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060 | Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 |
| Min Deposit | 50 | 200 | No minimum deposit | 100 | 1 | 1 | 100 | 100 | 200 | No minimum deposit | 100 |
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| Used By | 30,000,000+ | 400,000+ | 581,000+ | 300,000+ | 15,000,000+ | 10,000+ | 1,866,000+ | 24,000,000+ | 10,000+ | 500,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps |
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| Learn More |
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Up with hycm |
| Risk Warning | 79% of retail investor accounts lose money when trading CFDs with this provider. | 74-89 % of retail investor accounts lose money when trading CFDs | 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 71% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits |
| Demo |
eToro Demo |
Pepperstone Demo |
XTB Demo |
AvaTrade Demo |
Trading 212 Demo |
SpreadEx Demo |
FxPro Demo |
Plus500 Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
HYCM Demo |
| Excluded Countries | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW | US, IN, PK, BD, NG , ID, BE, AU | BE, BR, KP, NZ, TR, US, CA, SG | US, CA | US, TR | US, CA, IR | MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | US, CA, JP, SG, MY, JM, IR, TR | RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | US |
eToro Risk Disclosure
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
All Fca brokers in more detail
You can compare Fca Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Fca Brokers for 2023 article further below. You can see it now by clicking here
We have listed top Fca brokers below.
Fca Brokers Table of Contents
- Fca Brokers Explained
- 6 Factors to Consider when Choosing Fca Brokers
- Are Your Fca Brokers Trusted And Established?
- Are The Fca Brokers World Leading?
- What are the Fca Brokers Commissions and Fees?
- What are the Fca Brokers Funding and Withdrawl Methods?
- Find Fca Brokers with Round-the-clock support?
- Make sure the Fca Brokers Offer Comprehensive Trader resources?
- Why Fca Brokers needs to be regulated?
- Fca Brokers FAQ
- What are the best Fca brokers?
- What is the best Fca broker?
- Related Fca Brokers Reviews
- Related Fca Brokers Alternatives
- Related Fca Brokers Comparisons
Fca Brokers Explained
Trading the financial markets with Fca Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Fca Brokers is the platform that a Fca Brokers offer.
Choose Fca Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Fca Brokers that you can rely on.
6 Factors to Consider when Choosing Fca Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Fca Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Fca broker is eToro. Established in 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 regulatory bodies.
Another top rated broker is Pepperstone.
Pepperstone was established 2010, and in operation for 8 years Pepperstone have a head office in Australia.
Pepperstone is regulated. This means Pepperstone are supervised by and is checked for conduct by FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 regulatory bodies.
| Broker |
eToro
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Pepperstone
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XTB
|
AvaTrade
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Trading212
|
SpreadEx
|
FXPro
|
Plus500
|
| Year Established | 2007 | 2010 | 2002 | 2006 | 2006 | 1999 | 2006 | 2008 |
| Head Office | Cyprus, UK | Australia | Poland | Ireland | UK | UK | UK | Israel |
| Regulation | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) |
| Used By | 30,000,000+ | 400,000+ | 581,000+ | 300,000+ | 15,000,000+ | 10,000+ | 1,866,000+ | 24,000,000+ |
| Negative balance protection | Yes | Yes | Yes | No | Yes | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | Yes | Yes | No | Yes |
| Learn More | Visit eToro | Visit Pepperstone | Visit XTB | Visit AvaTrade | Visit Trading 212 | Visit SpreadEx | Visit FxPro | Visit Plus500 |
| Risk Warning | 79% of retail investor accounts lose money when trading CFDs with this provider. | 74-89 % of retail investor accounts lose money when trading CFDs | 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 71% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
Are The Fca Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 5000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the eToro platform enables access to a variety of financial markets worldwide. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Fca Brokers is Pepperstone. Pepperstone Segregates clients funds and offers over 1200 instruments.
| Broker |
eToro
|
Pepperstone
|
XTB
|
AvaTrade
|
Trading212
|
SpreadEx
|
FXPro
|
Plus500
|
| Instruments Available | 5000 | 1200 | 5600 | 1250 | 10000 | 15000 | 430 | 2800 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | BE, BR, KP, NZ, TR, US, CA, SG | US, CA | US | US, CA, IR | MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO |
| Forex pairs offered | 50 | 70 | 57 | 55 | 177 | 55 | 70 | 65 |
| Forex pairs offered | 50 | 70 | 57 | 55 | 177 | 55 | 70 | 65 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 31 | 16 | 21 | 17 | 14 | 16 | 30 | 17 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Stocks Offered | 2042 | 1100 | 1696 | 1000 | 1731 | 1000 | 1700 | 1600+ |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Fca Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Fca broker eToro offers competitive offers for Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. eToro minimum deposit is 50.
Another top rated Fca broker Pepperstone offers Forex, CFDs, Social Trading. Pepperstone minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
|
Pepperstone
|
XTB
|
AvaTrade
|
Trading212
|
SpreadEx
|
FXPro
|
Plus500
|
| Min Deposit | 50 | 200 | 0 | 100 | 1 | 1 | 100 | 100 |
| Withdrawl Fees | Yes | No | varies | No | No | 0, minimum £50 | No | No |
| Inactivity Fees | Yes | No | Yes | No | No | No | Yes | Yes |
| Deposit Fees | No | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | Yes | Yes | No | No | No | charge commissions on cTrader only | No |
What are the Fca Brokers Funding and Withdrawal Methods?
When dealing with Fca Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
Pepperstone
|
XTB
|
AvaTrade
|
Trading212
|
SpreadEx
|
FXPro
|
Plus500
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | Yes | No | Yes | Yes |
| Skrill | Yes | Yes | Yes | No | Yes | Yes | Yes | Yes |
| Payoneer | No | Yes | Yes | Yes | No | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | No | No | Yes | No |
Find Fca Brokers with Round-the-clock support?
Customer service is very important when dealing with Fca Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Fca Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
Pepperstone support a wide range of languages including English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic
eToro and Pepperstone offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
|
Pepperstone
|
XTB
|
AvaTrade
|
Trading212
|
SpreadEx
|
FXPro
|
Plus500
|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, German, Spanish, French, Italian | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文 | English | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Vietnamese, Greek, Malaysian, Thai, Turkish, Romanian, Czech, Slovak | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |
| Learn More | Visit eToro | Visit Pepperstone | Visit XTB | Visit AvaTrade | Visit Trading 212 | Visit SpreadEx | Visit FxPro | Visit Plus500 |
| Risk Warning | 79% of retail investor accounts lose money when trading CFDs with this provider. | 74-89 % of retail investor accounts lose money when trading CFDs | 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 71% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
Make sure the Fca Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and Pepperstone work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Fca Brokers needs to be regulated?
A regulated Fca broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Fca brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Fca Brokers List
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
79% of retail investor accounts lose money when trading CFDs with this provider.