🏆 Tier 1

Financial Conduct Authority (FCA)

📍 United Kingdom

95 /100
Trust Score

The Financial Conduct Authority is the UK's premier financial regulatory body, known globally for its stringent oversight and robust investor protection framework.

📋 Key Facts

Full NameFinancial Conduct Authority
CountryUnited Kingdom
Established2013
PredecessorFSA
Trust TierTier 1
Brokers Regulated20

📊 Requirements

Minimum Capital€730,000
Compensation SchemeFSCS - £85,000
Retail Leverage1:30
Pro Leverage1:500
Segregated Funds ✓ Required
Negative Balance Protection ✓ Yes

✅ Advantages

  • Strongest investor protection (£85,000 FSCS)
  • Strict capital requirements
  • Regular audits and reporting
  • Strong enforcement record
  • Global reputation

⚠️ Considerations

  • Lower leverage for retail (1:30)
  • Strict marketing rules
  • Complex compliance requirements

🔑 Key Features of FCA Regulation

Client money must be held in segregated accounts
Firms must hold adequate capital reserves
Regular financial reporting required
Best execution obligations
Clear risk warnings mandatory

✅ How to Verify a FCA License

1

Get the License Number

Find the broker's FCA license number on their website (usually in the footer).

2

Visit the Official Register

Go directly to FCA's official register. Never use links provided by the broker.

3

Search & Verify

Search by company name or license number. Confirm the license is active and covers forex/CFD services.

4

Check for Clone Firms

Verify the website URL matches exactly what's on the official register. Scammers copy legitimate broker details.