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
4
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.