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Market snapshotSample quote · not real-time
EUR/USD1.3 pips
1.084211.08434
GBP/USD1.6 pips
1.271421.27158
USD/JPY1.9 pips
155.182155.201
XAU/USD46.0 pips
2380.422380.88

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Financial Conduct Authority (FCA)

Brokers & Regulation

The UK's primary financial regulator — requires segregated funds, negative balance protection, and capped retail leverage from licensed brokers.

The Financial Conduct Authority is the UK's primary financial regulator, overseeing forex and CFD brokers operating in or targeting the UK market. FCA-regulated brokers must segregate client funds, hold minimum capital reserves, provide negative balance protection, and follow ESMA-aligned leverage caps for retail clients (typically up to 30:1 on major pairs). The FCA is widely regarded as one of the stricter tier-1 regulators, and its public register lets anyone verify a firm's license status directly rather than trusting claims made on a broker's own website.

Related terms

Regulation (FCA, CySEC, ASIC) →Negative Balance Protection →ESMA Leverage Limits →

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