Best FCA Regulated Brokers In 2022

Our list of the best forex brokers regulated by the FCA is:

  • Pepperstone Pepperstone - Best FCA Regulated Forex Broker
  • think markets logo ThinkMarkets - Top FCA Regulated MetaTrader 4 Broker
  • XTB XTB - Great CFD broker regulated by the FCA
  • FXCM FXCM - Good FCA regulated Spread Betting Forex Broker
  • eToro eToro - CFD Platform Good For Social Trading
  • fxpro logo FxPro - Top cTrader Trading Platform Provider

Pepperstone
ThinkMarkets
FXCM
eToro
FxPro
Our Rating
9.33
7.67
7.93
7.17
7.46
74% of retail investor accounts lose money when trading spread bets and CFDs with this provider
75.5% of retail investor accounts lose money when trading CFDs with this provider
66% of retail investor accounts lose money when trading CFDs with this provider
68% of retail investor accounts lose money when trading CFDs with this provider.
77.20% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
STP Order Execution
Large range of trading platforms
CopyTrader functionality
for automated trading
1,300,000 client accounts

Regulations and Licenses

Feature
Pepperstone
ThinkMarkets
FXCM
eToro
FxPro
FCA (UK)

Brokerage

Feature
Pepperstone
ThinkMarkets
FXCM
eToro
FxPro
EUR/USD Avg. Raw Spread
0.17
0.1
0.30
-
0.51
GBP/USD Avg. Raw Spread
0.59
-
0.90
-
0.66
AUD/USD Avg. Raw Spread
0.24
-
0.40
-
0.63
EUR/USD Standard Spread
0.75
-
1.3
3.00
1.24
EUR/USD Fixed Spreads
-
-
-
2.17
Commissions (USD Base)
$3.50
$3.50
$3.00
-
$4.50
Minimum Deposit
$0
$0
$300
$200
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16+
6+
8+
11+
4+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
ThinkMarkets
FXCM
eToro
FxPro
Currency Pairs
62+
46+
42+
49+
69+
Cryptocurrency CFDs*
12+
21+
7+
46+
30+
Index CFDs
14+
21+
13+
13+
24+
Share CFDs
300+
1200+
15+
2000+
150+
Commodities CFD
9+
15+
12+
33+
21+
Stockbroking
-
-
2000+
-
Retail Max. Leverage (The United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (The United Kingdom)
500:1
500:1
500:1
400:1
200:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
ThinkMarkets
FXCM
eToro
FxPro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 9.33 FCA, ASIC
CySEC, DFSA
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 7.67 FCA, FSCA
ASIC,FINMA
0.1 - - 140ms $0 46+ 21+ 30:1 500:1
Visit Broker > 7.93 ASIC, FSCA
FCA, IIROC
0.30 0.90 0.40 150ms $300 42+ 7+ 30:1 500:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1
Visit Broker > 7.46 FCA, FSCA
CySEC, SCB
0.51 0.66 0.63 110 $0 69+ 30+ 30:1 200:1