UK Forex Brokers – First of all the United Kingdom is known financial center and world economy hub, has always been a trusted location to conduct European businesses and currently presents a significant number of large Forex Brokers. The companies who would like to establish the branch in the UK attracted to provide its services among the popular destinations, the company should be fully complied with UK regulations.
FCA – Financial Conduct Authority
The UK only authority that oversees the financial operations is the Financial Conduct Authority (FCA) which operates the mission to supervise the financial investment activities along with brokerage houses, exchanges or other parties and to ensure the financial markets work properly. Among the numerous requirements in regards to operations, the applied regulation provides a safe trading environment to the investors, which supply all clients who trade with UK Forex Brokers by clear state.
FSCS – Financial Service Compensation Scheme
The regulated brokers are obliged to keep investor’s funds with trusted banks while funds have to be segregated from the company ones at all times. Furthermore, the money safety guaranteed by the FSCS (Financial Service Compensation Scheme) that guarantees investments in case of the authorized company insolvency up to £50,000 per client.
Best UK Forex Brokers
Foundation Year – 2010
Minimum Deposit – $500
Headquarters – 13/14 Basinghall Street, City of London, EC2V 5BQ
Foundation Year – 2005
Minimum Deposit – $50
Headquarters – UAE, Dubai
Foundation Year – 1996
Minimum Deposit – $500
Headquarters – 5 North Buckner Squar Olde Towne Sandyport, Sandyport Marina
Foundation Year – 2011
Minimum Deposit – $500
Headquarters – 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène
Foundation Year – 2016
Minimum Deposit – $250
Headquarters – 2 Sofouli Street, Chanteclair Building, 6th Floor, Office 602, Nicosia
Foundation Year – 2006
Minimum Deposit – $200
Headquarters – 16 Finsbury Circus, London, EC2M, United Kingdom
Foundation Year – 2011
Minimum Deposit – $10
Headquarters – FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia, 4156, Limassol
Foundation Year – 2009
Minimum Deposit – $5
Headquarters – Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
Foundation Year – 2010
Minimum Deposit – $50
Headquarters – Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent
Foundation Year – 2009
Minimum Deposit – $5
Headquarters – 36, Makariou & Agias Elenis, ‘Galaxias’ Building, 5th floor,1061, Nicosia
Foundation Year – 1998
Minimum Deposit – $1000
Headquarters – Philip Heymans Alle 15 2900 Hellerup Denmark
FAQ
Which Are The Best Brokers In UK?
FxPro : Best Forex Broker for Advanced Traders
LCG (London Capital Group) : World Class Trading Platform
MultiBank Group : Most Trusted & Multi Regulated Broker
Orbex : Best Forex Broker for Low Costs
Capex (CFD Global) : The Most Advanced Analysis Tools For Trades
Is Forex illegal in UK?
Forex trading is entirely legal in the UK as these regulatory and judicial conditions are the reasons that UK forex brokers have been at the head of the queue.
How UK Forex Brokers Regulated?
The UK only authority that oversees the financial operations is the Financial Conduct Authority (FCA) which operates the mission to supervise the financial investment activities along with brokerage houses, exchanges or other parties and to ensure the financial markets work properly.
Which Forex Broker Is Most Trusted In UK?
MultiBank Group Is the best one for start trading is UK. MultiBank Group is regilated with ASIC, BaFin, BVI, FMA, FSC, CNMV, DFSA.