The FSA (Financial Services Authority) is a body responsible for regulating financial services industry in the United Kingdom. In April 2013, the FSA UK split into two separate regulation authorities. The authorities were known as Financial Conduct Authority and The Prudential Regulation Authority. Currently, all the brokers are required to have a regulation of FCA. Following are the top FCA regulated CFD brokers for you to choose a reliable and secured broker:
FxPro
This is a full-service company providing services to both beginners and experienced people in trading. The company founded in 2007 and has become leading Forex brokers in the industry. Though it is a small company it offers customers the same features and services as a large trading company does. The services provided include a huge range of options and a landing page of useful information needed. Customers can conveniently navigate through the website along with a rapid clip. Moreover, opening a real or a demo account is also very easy, quick and convenient.
ETX Capital
ETX Capital is a UK based company and is under the regulation of the Financial Services Authority. The company is a member firm of the London Stock Exchange. It offers various multi-market and multi-assets derivatives through CFDs to customers. Moreover, it also spread betting products to individual people and Europe or other locations based institutions. The company acquired the client base of Alpari in 2014 and also installed MT4 servers to ease the transition.
IG Markets
IG markets is a London based company and a part of the IG Group Holdings Plc. The IG Group Holdings Plc is a global organization which was founded in 1974. The Company began as IG Index and provided unique ways for investors to speculate gold prices. They began their online services in the year 2003 and have offices in 16 different countries across the globe. Over the years, it has been able to accumulate approximately 140,000 active clients worldwide. It is regulated and authorized by the FCA.As compared to other companies it is the leading financial spread betting and CFDs across the globe. It is also UK’s largest retail Forex provider as well.
FOREX
FOREX is an online platform for currency trading. The Gain Capital Holdings, Inc operates the FOREX.com which is a popular currency trading website. The Gain Capital Holdings, Inc is a financial services company basically and has been in business since 1999.It is also listed on the New York Stock Exchange as NYSE: GCAP.
FXCM
The FXCM (Forex Capital Markets) is a US based company which founded in 1999. The Company was an early pioneer of the internet-based training. It is also listed as the fastest growing company by the Inc. 500 List of America’s Fastest-Growing Companies for three years consecutively. The company has its main headquarters in New York and many offices in countries around the world such as the U.K., France, Italy, and Australia. The company is regulated and licensed in each country. It also operates on the Nasdaq Exchange which is a major U.S. exchange. This exchange lists the equity of large technology-based companies.
