10 Best FCA Regulated Forex Brokers for 2025

IG Markets is a global online trading provider founded in 1974, offering access to over 17,000 financial markets including forex, stocks, indices, commodities, and cryptocurrencies. IG Markets provides proprietary trading platforms alongside MetaTrader 4 and ProRealTime. IG Markets is regulated by multiple top-tier authorities worldwide, including the FCA and ASIC. IG Markets is known for competitive spreads, extensive educational resources, and innovative features like weekend trading. The IG Markets’ parent company “IG Group” CEO is Breon Corcoran.

The features of IG Markets are listed below.

• IG Markets is a London broker operating from a local office in Dowgate Hill, London, and authorized by the FCA since 01/12/2001 holding a license n° 195355.
• A spread betting account with the same trading conditions is available at IG Markets for UK resident traders only under FCA surveillance.
• You can open accounts with IG Markets using GBP as your base currency under FCA regulation and with a minimum deposit of £250.
• IG Markets offer a wide range of trading instruments with more than 80 forex pairs with spreads from 0.6 pips on EUR/USD.
• IG Markets maximum leverage is limited for retail clients by the FCA up to 30:1 but it can go higher up to 222:1 if you qualify for professional status.

Pepperstone is a global forex and CFD broker founded in 2010 in Melbourne, Australia. Pepperstone offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader and cTrader platforms. Pepperstone is regulated by multiple authorities including ASIC, FCA, and CySEC. Pepperstone is known for competitive spreads, fast execution, and extensive educational resources. Pepperstone serves clients in over 160 countries worldwide. The Pepperstone CEO is Tamas Szabo.

The features of Pepperstone are listed below.

• Pepperstone offers its services in the UK and has been registered since 05/08/2015 under the FCA authorization n° 684312 with a local office in Gracechurch Street, London.
• A Pepperstone spread betting account to enjoy tax-free profits is available under FCA oversight.
• FCA-licensed clients can open accounts in GBP and there is no minimum deposit though Pepperstone recommends starting with at least £500.
• Trading is made available in more than 60 pairs with spreads from 0 pips on EUR/USD.
• Retail traders have a maximum leverage of 30:1 due to FCA’s limitations but you can raise it up to 500:1 by qualifying for professional trading with Pepperstone.

eToro is a global multi-asset investment platform founded in 2007, offering trading on stocks, ETFs, Crypto CFDs, commodities, and forex. eToro provides a proprietary web and mobile platform with social trading features. eToro is regulated by multiple authorities including FCA, ASIC, and CySEC. eToro is known for its user-friendly interface, copy trading functionality, and commission-free stock trading. eToro serves over 30 million users worldwide. The eToro CEO and co-founder is Yoni Assia.

The features of eToro are listed below.

• eToro is authorized and regulated in the UK by the FCA operating since 09/05/2013 with a license n° 583263 and a local office registered in Canary Wharf, London.
• Spread betting is unavailable through eToro but instead you can engage in social trading.
• All eToro trading accounts are in USD even though there are many payment options supporting GBP deposits under FCA oversight. These are liable to a conversion fee.
• The minimum deposit to open an eToro account in the UK is £100.
• There is a good range of more than 45 forex pairs at eToro with floating spreads starting from 1 pip on majors such as the EUR/USD.
• eToro retail clients have limited leverage up to 30:1 due to FCA regulation. To raise the available ratio up to 400:1 you must be qualified for professional trading.

FxPro is a global online broker founded in 2006, offering trading on forex, CFDs, stocks, indices, commodities, and cryptocurrencies. FxPro provides multiple trading platforms including MetaTrader 4, MetaTrader 5, cTrader, and its proprietary FxPro Platform. FxPro is regulated by multiple authorities including FCA, CySEC, SCB, FSC and KNN. FxPro serves clients in over 170 countries and has won numerous industry awards. The FxPro CEO is Charalambos Psimolophitis.

The features of FxPro are listed below.

• FxPro is FCA regulated since 10/09/2010 with license n° 509956 and registered with an address in Basinghall Street, London.
• Spread betting is available to UK traders under FCA via the proprietary FxPro Edge platform.
• FxPro provides for GBP accounts under FCA regulation with a minimum deposit of £100 even though the broker recommends £1000.
• Forex trading with FxPro offers more than 70 currency pairs with both floating spread from 0.5 pips and fixed spread from 1.6 pips on EUR/USD.
• Traders in the UK under FCA have limited leverage up to 30:1 on forex but if you qualify for professional trading with FxPro leverage is up to 500:1.

XTB is a global forex and CFD broker founded in 2002 and headquartered in Poland. XTB offers trading on over 2,000 instruments including currencies, stocks, indices, commodities, and cryptocurrencies. XTB provides the proprietary xStation platform and is regulated by multiple authorities including FCA, CySEC, and KNF. XTB is listed on the Warsaw Stock Exchange and serves over 897,500 clients worldwide. The XTB CEO is Omar Arnaout since March 2017.

The features of XTB are listed below.

• XTB is a forex broker regulated by the FCA since 17/01/2011 with a license n° 522157 and a local registered office in Canary Wharf, London.
• XTB offers trading accounts in GBP and FCA traders can use it to deposit funds.
• Traders under the FCA regulated entity of XTB have a range of 40 forex pairs with floating spreads from 0.1 pips on EUR/USD.
• FCA imposes a 30:1 leverage limit on XTB retail clients though professional clients have a higher 200:1 leverage on forex.

Admirals, formerly Admiral Markets, is a global forex and CFD broker founded in 2001. Admirals offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader platforms. Admirals is regulated by multiple authorities including CySEC and FCA. Admirals is known for competitive spreads and extensive educational resources. Admirals recently halted onboarding of new EU clients to comply with regulatory standards. The co-founder of Admirals and CEO of Admirals Group is Alexander Tsikhilov.

The features of Admirals are listed below.

• Admiral Markets UK Ltd is the broker entity regulated by the FCA since 12/06/2013 with registration n° 595450 and a local office in Canary Wharf, London.
• Admiral markets offer a spread betting account with a minimum deposit of just £100 and a minimum bet “stake” size of 0.1 per unit.
• Opening a trading account with Admirals requires a minimum deposit of £250 or £1 if you choose a stockbroking account. Either way, GBP is an available base currency for all traders under FCA oversight.
• Forex trading with Admiral Markets provides a range of 40 pairs with floating spreads from 0.1 pips on EUR/USD.
• Admirals offer maximum leverage of up to 30:1 for retail clients as limited by FCA rules and 500:1 for professionals.

CMC Markets is a global online financial trading company founded in 1989 and headquartered in London. CMC Markets offers trading on forex, indices, commodities, cryptocurrencies, and shares through CFDs and spread betting. CMC Markets provides proprietary and MetaTrader platforms for desktop, web, and mobile. CMC Markets is regulated by multiple authorities including FCA, ASIC, and BaFin. CMC Markets is listed on the London Stock Exchange. The CMC Markets CEO is Lord Peter Cruddas.

The features of CMC Markets are listed below.

• CMC Markets UK plc is the trading name of the broker under FCA regulation with license n° 173730 obtained on 01/12/2001 and the broker has a registered office in Houndsditch, London.
• Under FCA oversight, UK clients can open an award-winning spread betting account with CMC Markets.
• CMC Markets supports the GBP as a base currency for accounts and for deposits.
• Forex trading under FCA regulation offers over 330 currency pairs at CMC Markets with a minimum spread charged from 0.7 pips on EUR/USD.
• As required by the FCA, retail clients trade with leverage up to 30:1 while professional clients with CMC Markets trade with higher leverage up to 500:1 on forex.

FXTM, also known as ForexTime, is a global forex and CFD broker founded in 2011. FXTM offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader 4, MetaTrader 5, and proprietary platforms. FXTM is regulated by multiple authorities including CySEC, FCA, and FSC Mauritius. FXTM is known for low spreads, fast execution, and extensive educational resources. FXTM serves over 2 million clients worldwide. The FXTM CEO is Nicholas Defteras.

The features of FXTM are listed below.

• Exinity UK Ltd is the trading name of FXTM in the UK regulated by FCA since 01/02/2018 with license n° 777911 and a registered office in Katharine’s Way, London.
• FXTM account currencies include GBP and it is available for any funding option under FCA regulation.
• FXTM provides access to more than 60 forex pairs charging spreads from 0 pips on EUR/USD depending on the account chosen.
• The maximum leverage available on FXTM is 200:1 though it is for professional traders as according to the FCA retail clients can trade with up to 30:1 on forex.

City Index is a global forex and CFD broker founded in 1983, offering trading on currencies, indices, commodities, cryptocurrencies, and stocks. City Index provides proprietary platforms alongside MetaTrader 4. City Index is regulated by multiple top-tier authorities including FCA, ASIC, and MAS. City Index is known for competitive spreads, extensive research tools, and educational resources. City Index is part of the NASDAQ-listed StoneX Group. The City Index’s parent company “StoneX Group Inc.” CEO is Sean O’Connor.

The features of City Index are listed below.

• City Index is the trading name of StoneX Financial Ltd, a company registered with the FCA since 24/03/2006 with license n° 446717 and a physical office in London Wall, London.
• UK traders can spread bet on over 8,000 global markets with the broker.
• City Index was the winner of the “Best Spread Betting Provider” award in 2019.
• GBP deposits and accounts are guaranteed with City Index under FCA oversight.
• City Index opens access to more than 80 forex pairs and tight spreads from 0.5 pips on EUR/USD.
• The leverage you can apply with City Index depends on your status as according to FCA, retail traders are limited to 30:1 while professionals have a higher ratio up to 400:1.

ActivTrades is a global online broker founded in 2001, offering trading on forex, CFDs, indices, shares, commodities, and ETFs. ActivTrades provides MetaTrader platforms and its proprietary ActivTrader platform. ActivTrades is regulated by multiple authorities including the FCA. ActivTrades serves clients in over 140 countries and is known for competitive spreads and innovative trading tools. ActivTrades recently introduced zero commission on shares and fractional trading. The ActivTrades CEO and founder is Alex Pusco.

The features of ActivTrades are listed below.

• ActivTrades is a broker in the UK operating with an FCA license n° 434413 since 27/10/2005 and a registered local office in Thomas More Square, London.
• Spread betting is available with ActivTrades under FCA with a minimum stake of 10p per point and up to £100.
• ActivTrades support GBP deposits and multi-currencies accounts including GBP.
• FCA licensed clients can trade more than 45 forex pairs at ActivTrades with low spreads from 0.5 pips on EUR/USD.
• According to the FCA restrictions, ActivTrades can provide up to a 30:1 leverage for retail clients and up to a 400:1 leverage to professional traders.