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FCA (Financial Conduct Authority)

Jurisdiction: United Kingdom

The Financial Conduct Authority (FCA) is the United Kingdom’s independent financial regulatory body.
Established in 2013 after the Financial Services Authority (FSA) was dissolved, the FCA was designed to restore trust in UK financial markets following the 2008 financial crisis.
It oversees over 50,000 financial firms, including retail forex and CFD brokers, ensuring they operate fairly, transparently, and in the best interest of clients.

The FCA is globally recognized for its uncompromising standards, client-first regulatory stance, and investor compensation schemes—making it one of the most trusted financial watchdogs in the world.

This has positioned the UK as a top-tier jurisdiction for traders seeking safety and brokers seeking credibility.

Selected FCA Regulated ECN Brokers

Eightcap

Eightcap Group Ltd (FCA FRN 921296) delivers a raw-spread ECN trading experience powered by MT4 and MT5 platforms.
As a multi-jurisdictional broker regulated in the UK, Eightcap appeals to both retail and professional clients seeking consistent execution and access to more than 800 global instruments, including crypto CFDs.

Eightcap Group Ltd, FCA FRN 921296 Licence date: 7 Feb 2020. | Address: 40 Gracechurch Street, London, EC3V 0BT, UK.

Trade with a fully FCA-regulated broker offering tight spreads, fast execution, and premium client support.

FXOpen

FXOpen UK (FCA FRN 579202) is one of the pioneers of True ECN technology, offering direct market access, ultra-low spreads, and transparent pricing. The broker is renowned among professional traders for its MT4 / MT5 ECN accounts, reliability, and fast order execution within a fully compliant FCA framework.

FXOpen Ltd (UK branch), FCA FRN 579202. Licence date: Sept 2021. | Address: 80 Coleman Street, London, EC2R 5BJ, UK.

Enjoy authentic ECN trading backed by a trusted UK-regulated broker.

Valutrades

Valutrades Ltd (FCA FRN 586541) is a London-based ECN /STP broker offering raw spreads from 0.0 pips and high-speed order routing directly to liquidity providers. Designed for active traders and algorithmic systems, Valutrades ensures fair, conflict-free execution in a fully regulated UK environment.

Valutrades Limited, FCA FRN 586541. Licence date: April 2013 | Address: 51 Eastcheap, London, EC3M 1JP, UK.

Trade with a fully FCA-regulated broker offering tight spreads, fast execution, and premium client support.

Clearly, the FCA stands out as robust, trader-focused, and independently accountable.

For Brokers:

For Traders:

The FCA derives its regulatory powers from key UK legislation:

The FCA operates independently from the UK government but is accountable to the UK Treasury and Parliament.

FXGT

Since: 2019

Offices:

Cyprus, SA, Seychelles, Vanuatu

FXGT
Minimum Deposit:$10
Account currency:USD, EUR, JPY, USDT, BTC, ETH, XRP, ADA, THB
Leverage:Up to 1:5000* based on equity
Accounts:Optimus, Pro, ECN Zero, Standard, Mini, Demo
Instruments Offered:
Forex, Equity Indices, Metals, Energies, Stocks, Cryptos *, NFTs
Trading Platform:MT4, MT5, Mobile FXGT App | VPS hosting *Eligibility 
Regulation:CySEC, FSA, FSCA, Vanuatu,
Spreads:From 0.0 pips
Visit BrokerBroker Review

GO Markets

Since: 2006

Offices:

Australia, Cyprus, Mauritius, SVG

GO Markets
Minimum Deposit:

Zero, $200 on certain account types.

Account currency:USD, AUD, EUR, GBP
Leverage:Up to 1:500
Accounts:Standard, Plus, PAMM, Copy Trading
Instruments Offered: Forex, Metals, Commodities, Shares, Crypto, Bonds
Trading Platform: MT4,   MT5, TradingView, cTrader, WebTrader,  Mobile App  | Free Forex VPS Hosting
Regulation:ASIC, CySEC, FSC, Seychelles
SpreadsECN: Raw Spreads 
Visit Broker Broker Review

Valutrades

Since: 2012

Offices:

United Kingdom, Seychelles

valutrades

Minimum Deposit:$0
Account currency:USD, JPY, EUR, GBP, AUD
Leverage:Up to 1:500 (FSA), up to 1:30 (FCA)
Accounts: Standard, ECN, Islamic, PAMM, Demo
Instruments Offered:Forex, Indices, Commodities, Metals, Energies, Shares
Trading Platform: MT4, MT5, Valutrades App, VPS hosting
Regulation:FCA (UK), FSA (Seychelles)
Spreads:From 0.0 pips (ECN), 0.2 pips (Standard)
Visit BrokerBroker Review

StarTrader

Since: 2012

Offices:

UAE, Seychelles, Mauritius

Startrader
Minimum Deposit:$50 (Standard & ECN)
Account currency:USD, EUR, GBP, others (varies by account)
Leverage:Up to 1:500 (varies by entity & region)
Accounts:Standard, ECN, Islamic, Demo, Managed
Instruments Offered:Forex, Indices, Commodities, Metals, Shares, ETFs, Cryptocurrencies
Trading Platform: MT4, MT5
Regulation:ASIC (AU), FSA (Seychelles), FSC (Mauritius), SCA (UAE entity)
SpreadsStandard: from ~1.3 pips  ECN: from 0.0 pips + ~$7/lot
Visit BrokerBroker Review
See also  CySEC Regulated Brokers

Regulatory Obligations Include:

Fusion Markets

Since: 2017

Offices:

 Australia, Vanuatu

Fusion Markets ECN Broker

Minimum Deposit:$1
Account currency:USD, EUR, GBP, AUD, JPY, SGD, THB, and CAD
Leverage:Up to 1:500 
Accounts:Zero, Classic, Demo,
Swap Free [Islamic]
Instruments Offered:Forex, Indices, Commodities, Metals, Energies, Shares, Cryptocurrencies
Trading Platform: MT4,   MT5,  TradingView, cTrader, DupliTrade | Free VPS Hosting
Regulation:ASIC, VFSC
SpreadsRaw Spreads + Tight spreads on other CFDs
Key FeaturesExtremely low trading costs, no dealing desk, great customer support, flexible leverage
Visit BrokerBroker Review

Fxview

Since: 2009

Offices:

EU, South Africa

fxview rectangle

Minimum Deposit:$50
Account currency: EUR, USD, GBP, CAD, ZAR & AUD
Leverage:Up to 1:1000
Accounts:RAW ECN | Premium ECN |  Swap free/ Islamic Account
Instruments Offered:Forex, Indices, Metals, Energies, Shares , Cryptocurrencies
Trading Platform:MT 4 (EU), MT 5 (Global), ZuluTrade  and ActTrader  | Free VPS hosting
Regulation:CySEC, FSCA and FSC
Spreads:From 0.0 pips
Key Features:Ultra-tight Spreads | Fast Withdrawals | Dedicated Account Manager
Visit BrokerBroker Review

IC Markets

Since: 2007

Offices:

Australia, Cyprus, Seychelles

IC MARKETS
Minimum Deposit:200 US dollars
Account currency:Multiple base currencies
Leverage:From 1:1 to 1:500
Accounts:Demo, Raw Spread, cTrader, Standard, Islamic, PAMM
Instruments Offered:Forex, Indices, Commodities, Metals, Energies, Shares, Bonds Cryptocurrencies
Trading Platform:cTrader, MT4, MT5, TradingView | Free VPS hosting
Regulation:ASIC, CySEC, FSA
SpreadsRaw Spread 0.0 pips (cTrader, TradingView MT4/5)
Standard 0.8 pips
Key FeaturesUltra-fast Execution, TradingView , Copy trading, Dedicated Account Manager
Visit BrokerBroker Review

Key Protections:

FSCS protection: Up to £85,000 compensation if a broker collapses

Leverage limits: 1:30 for major FX pairs to reduce excessive exposure

Fair order execution policies

No dealing desk conflicts (NDD/ECN brokers encouraged)

Access to the Financial Ombudsman Service for complaints

Many true ECN brokers pursue FCA regulation to:

Broker

Regulators

Max. Leverage

Spreads

Trading Acc.

Instruments

Connect

ASIC, CySEC

Up to 1:500*

From 0.0 pips

Broker Type:

STP | ECN | DMA

2 Accounts

Forex, Indices,
Commodities, 
Metals, Energies,
Shares, ETFs Crypto, Bonds

ASIC, VFSC

Up to 1:500

From 0.0 pips

Broker Type:

ECN

 4 Accounts

Forex, Indices,
Commodities, 
Shares, Crypto

AFSL, ASIC, CySEC, FSA

Up to 1:500

From 0.0 pips

Broker Type:
ECN
6 Accounts

Forex, Indices,

Commodities, 

Metals, Energies,

Shares, Crypto

ASIC, VFSC, CMA, FSC

Up to 1:1000

From 0.0 pips

Broker Type:

True ECN

 2 Accounts

Forex, Indices,
Commodities, 
Metals, Energies,
Shares, Crypto

ASIC, VFSC

Up to 1:500

From 0.0 pips

Broker Type:

2 Accounts

Forex, Indices, Commodities, Metals, Crypto, Shares & Bonds CFDs

CySEC, FSCA and FSC

Up to 1:1000

From 0.0 pips

Broker Type:

ECN | STP

3 Accounts

Forex, Indices,

Commodities, 

Metals, Energies,

Shares, Crypto

ASIC, FSC, FSCA, FSA

Up to 1:1000

From 0 pips

Broker Type:

ECN | STP

2 Accounts

Forex, Indices,

Commodities,

Metals, Energies,

Shares, Crypto, ETFs

CIMA, ASIC, FCA

Up to 1:500*

From 0.4 pips

Broker Type:

ECN | STP

4 Accounts

Forex, Indices,
Commodities, 

Metals, Energies,

Shares, Crypto

  Review  

FCA, SCA, ASIC,FSCA, FSC, FSA

Up to 1:1000*

From 0.0 pips

Broker Type:

ECN | STP

5 Accounts

Forex, Indices,
Commodities, 

Metals, Energies,

Shares, Crypto

HCMC / ESMA

Up to 1:500

From 0.0 pips

Broker Type:

ECN | STP

2 Accounts

Forex, Indices, Commodities, Metals, Shares CFDs, Crypto

CySEC, FSC, FSCA, ASIC

Up to 1:3000

From 1 pip

Broker Type:

ECN | STP

6 Accounts

Forex, Indices,
Commodities, 
Metals, Energies,
Shares, Crypto

FMA, FSA

Up to 1:500

From 0.0 pips

Broker Type:

ECN | STP

6 Accounts

Forex, Indices,
Commodities, 
Metals, Energies,
Shares, Crypto

ASIC, BaFin, CIMA, UAE VARA/SCA

Up to 1:500

From 0.0 pips

Broker Type:

ECN | STP

3 Accounts

Forex, Indices,

Commodities, 

Metals, Energies,

Shares, Crypto

ASIC,VFSC, FSC

Up to 1:500

From 0.0 pips

Broker Type:

ECN | MM

2 Accounts

Forex, Indices,
Commodities,
Shares, Crypto

ASIC, CySEC, FSC

Up to 1:500

From 0.0 pips

Broker Type:

ECN | STP

2 Accounts

Forex, Metals, Commodities, Shares, Crypto, Bonds

CySEC, FSC, FSCA

Up to 1:2000

From 0.0 pips

Broker Type:

ECN | STP

4 Accounts

Forex, Indices,
Commodities,
Shares, Crypto

CySEC, FCA, FSCA

Up to 1:1000

From 0.0 pips

Broker Type:

ECN | STP

5 Accounts

Forex, Indices,
Commodities,
Shares, Crypto

AFSA, FSCA, MISA

Up to 1:1000

From 0.0 pip

Broker Type:

ECN | STP

4 Accounts

Forex, Metals, Indices, Commodities, Stocks, Crypto

FCA, FSA

Up to 1:500*

From 0.0 pips

Broker Type:

ECN

2 Accounts

Forex, Indices,
Commodities,
Shares, Crypto

  Review  

ASIC, FSC, FSCA

Up to 1:1000

From 0.0 pips

Broker Type:

ECN | STP

3 Accounts

Forex, Metals, Indices, Commodities, Equities, Crypto

SVGFSA, FSC, FSA

Up to 1:500

From 0.0 pips

Broker Type:

ECN | STP

3 Accounts

Forex, Indices,
Commodities,
Shares, Crypto

FCA, ASIC, SCA, FMA, FSC, FSA

Up to 1:500

From 0.0 pip

Broker Type:

ECN | STP

2 Accounts

Forex, Indices, Commodities, Metals, Crypto

ASIC, FSA

Up to 1:500

From 0.0 pip

Broker Type:

ECN | STP

3 Accounts

Forex, Indices, Commodities, Metals, Crypto

FCA, ASIC, CySEC, FSA

Up to 1:500

From 0.0 pips

Broker Type:

ECN | STP

6 Accounts

Forex, Indices,
Commodities, 
Metals, Energies,
Shares, Crypto

CySEC, MISA

Up to 1:1000

From 0.0 pip

Broker Type:

ECN | STP

1 Accounts

Forex, Metals, Commodities, Indices, Equities, Crypto

FSC

Up to 1:2000

From 0.0 pips

Broker Type:

ECN | STP | MM

5 Accounts

Forex, Indices,
Commodities, 
Metals, Energies,
ETFs, Shares, Crypto

BVI FSC

Up to 1:1000

From 0.0 pips

Broker Type:

MM | ECN

6 Accounts

Forex, Indices, Commodities, Metals, Shares CFDs

CySEC, FSA, FSCA, VFSC

Up to 1:2000

From 0.0 pips

Broker Type:

STP | ECN

6 Accounts

Forex, Indices,
Commodities,
Shares, Crypto

FSC , FSRA

Up to 1:3000

From 0.0 pip

Broker Type:

ECN | STP

3 Accounts

Forex, Metals, Indices, Crypto, Stocks CFDs

ASIC, VFSC, CySEC, FCA

Up to 1:500

From 0.0 pip

Broker Type:

ECN | STP

2 Accounts

Forex, Indices,
Commodities, 
Metals, Energies,
Shares, Crypto

FINMA

Up to 1:100

From 0.1 pip

Broker Type:

ECN | STP

7 Accounts

Forex, Indices,
Commodities, 
Metals, Energies,
Shares, Crypto

ECN Eecution
Website |  + posts

Kevin George is an active trader of stocks, forex, commodities and crypto with over 15 years of market experience. He hold a master's degree in finance and mix microeconomic studies of company financials with a big-picture macroeconomic view.

Kevin earned a bachelor's degree from Robert Gordons University in Scotland. He returned later to earn his master's degree in finance.
Kevin has written for investopedia, Seekingalpha with his resume on Muckrack and LinkedIn