Regulation & Safety
Beginner
FCA (UK)
Also called: Financial Conduct Authority
Financial Conduct Authority — the UK's primary financial regulator, considered Tier-1 globally.
Definition
The FCA regulates ~50,000 financial firms in the UK and is widely considered one of the strictest forex regulators globally. FCA-regulated brokers must hold client funds in segregated accounts and participate in the Financial Services Compensation Scheme (FSCS — up to £85,000 per client).
FCA brokers cap retail leverage at 30:1 on major FX pairs in line with ESMA rules.