Best Forex Broker
FCA / ASIC Regulated Forex Brokers
The UK as one of the most reputable financial world centers throughout its stability, strong economic and political positions have always been an attractive destination to conduct financial services firm. Along with that, the UK keeps an excellent level of overall regulatory system and financial regulation itself.
This applies through numerous establishment standards diverted towards the firms’ operating in Finance or Trading Industry. In fact, almost all firms or even individuals offering financial services in the UK have to be authorized by the Financial Conduct Authority (FCA).
- FCA is among the most respected authorities within the financial world that aims to protect consumers, enhance market integrity and promote healthy competition that ensured by the range of strictest demands and regulatory protocols to the licensed companies.
- The authority is highly active in its supervision tasks, constantly getting involved into each licensed broker operation, checking their performance, follow of guidelines and investigates cases.
Apart from the money protection, FCA directs all brokers to protect the clients in case of insolvency under the FSCS (Financial Services Compensation Scheme) with a guarantee of up to £50,000 in compensation.
Furthermore, the FCA developed the comprehensive online portal, which brings all necessary information about brokers, presents freshly updated data and findings that support investors’ choice. Overall, FCA Regulated Forex Brokers providing high protection for any investor or trader, as the obligations towards the regulations are strictly accurate and sharp, which is confirmed by highly respected and regarded status of FCA worldwide itself.