Stars Pepperstone Yes.16 200.00 81 4 Stars Darwinex Yes N/A 500.5 Stars fxcm Yes.00.00.5 Stars ThinkMarkets Yes N/A 250.00 80 4 Stars LCG Yes.60.00 78 4 Stars Henyep Yes N/A 100.5 Stars FXOpen Yes. Ever since the global financial crisis in 2008, the number of new forex brokers joining the industry has plummeted tremendously. By trading with a regulated broker under the FCA, you also have the benefit of protection of your trading funds under the fscs (Financial Services Compensation Scheme). Major Forex brokers in the UK a quick summary.
Top 10 UK Forex Trading Brokers- Compare FX Platforms money
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This mistake was corrected by the regulators and when Alpari UK went into insolvency, traders did not lose their money because all funds were fully sequestered. However, when it comes to regulation related to selling, management and handling of investments, as well as treatment of customers, it is the Financial Conduct Authority, (FCA) that is the main watchdog. Financial Conduct Authority (FCA) Overview The UK financial services industry is populated by thousands of financial services companies. In the event of liquidation, traders will receive 100 of their money up to 30,000. Trading cryptocurrencies is not supervised by any EU regulatory framework. Checks on capital base and liquidity are conducted every 48 months. Financial Conduct Authority Final Thoughts The Financial Conduct Authority has been able to put in place a robust regulatory structure for the financial services industry and the UK financial markets. A company must be declared in default by the fscs before clients can file for compensation. This is largely down to them being regulated by Financial Conduct Authority, cima, cysec, segregating client funds, being segregating client funds, being established for over 22 Trust Score comparison London Capital Group City Index IG Trust Score A AAA AAA Year Established Regulated by Financial. FCA Regulated (UK average Spread EUR/USD - Standard. UK based traders can register and trade with any broker.