United Kingdom · Tier-1
The FCA: the gold standard, rarely covering you directly.
Financial Conduct Authority · est. 2013
Tier 1Public register
An FCA license is the most respected forex regulatory badge in the world. Most SEA retail traders don't actually trade under it — they trade with the broker's overseas entity, even when the FCA logo sits prominently on the homepage. We track which entity each broker actually uses for SEA clients.
Brokers regulated
18
Tier
Tier 1
Country
United Kingdom
Filings tracked
4
What the FCA badge actually means.
Key protections
- FSCS investor compensation up to £85,000 per client
- Negative balance protection mandatory
- Strict marketing-conduct rules
- Quarterly client-money reconciliation audits
Known limitations
- FSCS doesn't cover non-UK entities of multi-licensed brokers
- Most SEA clients onboard under offshore arm, not FCA arm
- Leverage capped at 1:30 for retail (often a reason brokers route SEA elsewhere)
Active licenses
All brokers4 of our brokers hold FCA licenses.
1
EX
ExnessFeatured
EUR/USD 0.2 typ. · $10 min · 1:2000
93
FCACySEC
2
PE
Pepperstone
EUR/USD 1.0 typ. · $0 min · 1:500
90
FCAASIC
3
HF
HFM
EUR/USD 0.3 typ. · $0 min · 1:1000
85
FCACySEC
4
FX
FXTM
EUR/USD 0.4 typ. · $10 min · 1:1000
82
FCACySEC
| # | Broker | Trust | EUR/USD | Min dep. | Leverage | Regulators | 30d | |
|---|---|---|---|---|---|---|---|---|
| 1 | EX ExnessFeatured Est. 2008 · MT4 | 93 | 0.2 | |||||
| 2 | PE Pepperstone Est. 2010 · MT4 | 90 | 1.0 | |||||
| 3 | HF HFM Est. 2010 · MT4 | 85 | 0.3 | |||||
| 4 | FX FXTM Est. 2011 · MT4 | 82 | 0.4 |
Cross-references for FCA
FCA actions, across our brokers.
Senior management arrangements update filed.
Compliance officer change registered.
Authorisation status maintained.
Authorisation continued.