Financial Conduct Authority
FCA · United Kingdom · Established 2012
Financial Conduct Authority (FCA) is the financial regulator of the United Kingdom, established 2012. It caps retail leverage at 1:30, requires negative balance protection and segregated client funds, and compensates clients up to GBP 85,000 if a firm fails.
Official register
Check a firm's licence yourself
What this licence gets you
The rules a firm has to follow to keep this licence. A dash means we hold no answer on file, which is not the same as a no.
- Maximum leverage, retail
- 1:30
- Maximum leverage, professional
- 1:500
- Compensation if the firm fails
- GBP 85,000
- Negative balance protection
- Required
- Client funds held separately
- Required
- Hedging
- Permitted
- FIFO order closing
- Not mandatory
- Supervision covers
- Margin Forex supervised
- Body type
- Government
About FCA
The Financial Conduct Authority regulates financial firms providing services to consumers and maintains the integrity of the UK financial markets. It is one of the most respected regulators globally with strong enforcement powers.
- Negative Balance Protection
- Investor Compensation