Regulatory organisation FCA

Broker
Rating
Information
Spread
492.4
Rating
46 11 3
Reviews
$1
Min. Deposit
1:500
Max. shoulder
Spread
456
Rating
0 1 0
Reviews
$1
Min. Deposit
1:1000
Max. shoulder
Spread
447
Rating
0 0 0
Reviews
$100
Min. Deposit
1:300
Max. shoulder
Spread
435
Rating
0 0 0
Reviews
$0
Min. Deposit
1:400
Max. shoulder
Spread
421
Rating
0 0 0
Reviews
$300
Min. Deposit
1:500
Max. shoulder
Spread
418.2
Rating
5 3 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
417
Rating
0 0 0
Reviews
$0
Min. Deposit
1:200
Max. shoulder
Spread
404
Rating
0 0 0
Reviews
$0
Min. Deposit
1:200
Max. shoulder
Spread
404
Rating
0 0 0
Reviews
$500
Min. Deposit
1:200
Max. shoulder
Spread
400
Rating
0 0 0
Reviews
$100
Min. Deposit
1:200
Max. shoulder
Spread
400
Rating
0 0 0
Reviews
$0
Min. Deposit
1:500
Max. shoulder
Spread
397
Rating
0 0 0
Reviews
$10
Min. Deposit
1:500
Max. shoulder
Spread
396
Rating
0 0 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
391
Rating
0 0 0
Reviews
$0
Min. Deposit
1:500
Max. shoulder
Spread
387
Rating
0 0 0
Reviews
$0
Min. Deposit
1:500
Max. shoulder
Spread
382
Rating
0 0 0
Reviews
$100
Min. Deposit
1:400
Max. shoulder
Spread
381.8
Rating
0 1 1
Reviews
$200
Min. Deposit
1:500
Max. shoulder
Spread
380.2
Rating
6 0 3
Reviews
$0
Min. Deposit
1:200
Max. shoulder
Spread
368
Rating
0 0 0
Reviews
$1000
Min. Deposit
1:200
Max. shoulder
Spread
366
Rating
0 0 0
Reviews
$250
Min. Deposit
1:400
Max. shoulder
Spread
363
Rating
1 0 0
Reviews
$50
Min. Deposit
1:400
Max. shoulder
Spread
362
Rating
0 0 0
Reviews
$200
Min. Deposit
1:1000
Max. shoulder
Spread
355
Rating
0 0 0
Reviews
$250
Min. Deposit
1:500
Max. shoulder
Spread
348
Rating
0 0 0
Reviews
$50
Min. Deposit
1:200
Max. shoulder
Spread
336
Rating
0 0 0
Reviews
$500
Min. Deposit
1:400
Max. shoulder
Spread
332
Rating
0 0 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
331
Rating
0 0 0
Reviews
$200
Min. Deposit
1:400
Max. shoulder
Spread
328
Rating
2 2 2
Reviews
$1
Min. Deposit
1:200
Max. shoulder
Spread
327
Rating
0 0 0
Reviews
$0
Min. Deposit
1:400
Max. shoulder
Spread
326
Rating
0 0 0
Reviews
$500
Min. Deposit
1:200
Max. shoulder
Spread
325
Rating
0 0 0
Reviews
$200
Min. Deposit
1:500
Max. shoulder
Spread
322.4
Rating
80 4 3
Reviews
$500
Min. Deposit
1:500
Max. shoulder
Spread
315.6
Rating
5 0 0
Reviews
$50
Min. Deposit
1:50
Max. shoulder
Spread
306.6
Rating
5 2 9
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
290
Rating
2 1 0
Reviews
$25
Min. Deposit
1:500
Max. shoulder
Spread
283
Rating
0 0 0
Reviews
$5000
Min. Deposit
1:100
Max. shoulder
Spread
275
Rating
0 0 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
273
Rating
0 0 0
Reviews
$500
Min. Deposit
1:30
Max. shoulder
Spread
262
Rating
0 0 0
Reviews
$2000
Min. Deposit
1:100
Max. shoulder
Spread
257
Rating
1 0 0
Reviews
$500
Min. Deposit
1:500
Max. shoulder
Spread

Financial Conduct Authority (FCA) is an independent non-governmental financial regulator under the control of the Ministry of Finance of the UK. Previously, the regulator FCA was called the FSA (Financial Services Authority). But with the release of a new British law from 1 April 2013 on the control of financial markets "Directorate for financial regulation and supervision in the UK" (FSA) split into two knobs: "Finance activity" (FCA) and "On prudential supervision" (PRA). In fact, the FCA has remained the same goals and objectives, and its predecessor the FSA, but has narrowed list of companies that fall under the jurisdiction of the regulator (mainly brokers, small and medium-sized banks, investment companies and foundations), and greatly expanded powers that the FCA can apply to them in case of detection of violations of rules and fraud. As for the PRA, a subsidiary of the Bank of England, the regulator monitors the activities of large financial institutions such as major banks and insurance companies.

Objectives of the FCA are:

  • guarantees to market participants in accordance with the UK legislation;
  • maintaining financial stability of UK;
  • protection of investors ' rights.
  • creating conditions for the transparency of financial markets;
  • contribution to the reduction of financial crime.

The core objectives of the FCA include:

  • guarantee the safety of consumers of financial services;
  • organization and maintenance of fair competition;
  • ensuring the integrity of the financial system in the UK.

In fact, financial markets are under full control of the Bank of England and regulatory bodies FCA and PRA are responsible for regulating the activity of over 50 thousand financial companies, monitor the performance of their duties in front of their customers, and also carry out measures to prevent fraud. So, the FCA may restrict the advertising of financial services and even ban them, if it is determined that financial services have higher risks.

To obtain a license of the FCA is quite simple. You need to fill out an application, pay a membership fee of up to 25 thousand British pounds, to provide a business plan and financial statements for last year. But to keep the license of the FCA is much more complicated, as the regulator constantly carries out inspections and audits, reviews monthly reports of the company, requiring brokers information about each concluded their transaction, and most important condition is that the broker kept the money of their clients in segregated accounts separate from their capital. In case of detection of violations of these requirements, the FCA not only may cancel a broker's license, but also maximally inform the society about the violations of this company, undermining its credibility and will negatively affect future activities.

That is why FCA is one of the most reliable regulators, and brokers are trying to get a license, opening a subsidiary in the UK. For investors, the FCA serves as a guarantee of their investments even in the event of bankruptcy of the company, and for brokers FCA is a good advertisement of their activity as on the FCA's website published an open list of companies that have received her license.