Best Fca Regulated Forex Brokers In 2017

In the United Kingdom, the regulation for the companies that provide financial services is carried out by a quasi-judicial body called the FCA or The Financial Services Authority (FSA) as it was formerly known. While there are a large number of FCA regulated forex brokers plying their trade in the market these days, only a handful of them may fit into your scheme of things based on your criterion.
Here are some of the best FCA regulated forex brokers in the market today:

1. XM
XM is an international forex broker that has been registered with FCA (UK) and is regulated by CySEC in Cyprus. A lot of corporate reputation that has been gained by the company since it was formed in 2009 can be attributed to its core features, like business transparency, professional client communication, and excellent trading conditions.

The best part of choosing XM for your forex trading is that it operates all its financial services in accordance with the guidelines established in the European Union, including AFM, BaFin, CNMV, FIN, and FI. What really started as a small entity, XM today provides an impressive range of progressive features for stock indices, energies, precious metals, and forex. The customer support services of this broker are available to customers 24/5 via multiple languages through different channels like e-mail, telephone, and live chat.



2. HotForex
HotForex is among the rarest breeds of forex brokers that lay a lot of emphasis in providing customer-centric financial services to its clients. It is, therefore, no surprising to see them providing the best of features and offerings that are tailored to help clients, both new and experienced, with what they want. 

Established in 2008, HotForex is one of the market leaders in not just forex trading but also indices, stocks, and commodities.
It is easy to rely on HotForex for your trading requirements as they are FCA regulated and comply with the guidelines established by CySEC and others across the globe. Customers of HotForex can also look forward to receiving 24/5 support via Skype, live chat, e-mail, and telephone. The forex broker also provides its customers with varied educational materials, including training materials, daily commentary, free signal alerts, charting tools and much more.



3. Plus500
This online broker is fast emerging as one of the best FCA regulated forex brokers in the market. It offers its customers a wide range of easy to use and comprehensive trading platforms. That’s not all; this UK-based broker provides its customers multiple market trading capabilities. Also, to make it easier for its customers to access its trading options, Plus500 offers 4 different versions – a web-based version, Apple Watch platform, App versions, and a downloadable version.

It is also easy funding your account at Plus500 as there are a plethora of options before you – Moneybookers, Visa or MasterCard, Credit Card, Wire Transfer, and much more. The customer support services of Plus500 are reliable and quick and are available to you via telephone, fax, e-mail, and online chat.



4. IronFX
Having opened its doors in 2010 for the traders, IronFX has always been known for its transparency, integrity, and veracity. Being a global player, it has over 1,100 employees working for them across 50 worldwide offices in 180 countries. It is worthwhile choosing IronFX has your trading partner as it is regulated and authorized by CySEC, CRFIN, FSP, ASIC, and FCA.
Looking from products point of view, IronFX specializes in commodities, CFDs, and spot metals, besides forex. In fact, IronFX prides itself in providing over 3000 investment instruments to go along with one of the most popular and widely used platform – MetaTrader4. The quality and depth of customer support you stand to receive from this broker is impeccable.





5. eToro
This broker might be the newest to enter the online forex business, but eToro has already built a reputation for itself with its 5,000,000 traders spread across 140 countries and counting. The unique feature of eToro is that it not only provides financial services to customers directly but also aims to entertain them while preparing and educating them for stressful and difficult market phases in the future.
One of the best FCA forex regulated forex brokers today, eToro uses a social trading platform that is as transparent as it can get. The best part of this platform is that it harnesses the techniques and technologies of various social networking platforms, such as content and crowd sourcing to provide an ideal and reliable trading platform for customers.

6 best forex broker for beginners in 2016

It has always been tricky selecting the best forex broker for beginners as there are thousands of them already plying their trade in the market. From the beginners’ point of view, it is important that they select a broker that makes your trading breeze, providing an easy to use interface and is supportive all the time.
Here is a list of some of the best forex broker for beginners:

1. XM
In the short period of time, it has been in the forex market; XM has been able to carve a niche for itself and has attracted over 300,000 traders from across 196 countries. Today, this Cyprus-headquartered broker has offices in Greece and Hungary.
Beginners in the forex market are likely to find XM very helpful as they provide a variety of educational resources, in addition to flexible account options and affordable transaction costs they provide. What is even more remarkable with XM is that nearly 99.35% of the trades initiated through XM get executed within a second. This is why XM can be a preferred choice for most beginners in the forex market.



2. Markets.com
The forex pairs for trading offered by Markets.com is truly remarkable and what is even more commendable is that they allow their traders to get involved with stocks, indices, and commodities. It is because of these features, Markets.com has been favored by a variety of traders worldwide.
Some of the time-tested technologies like MetaTrader 4 that Markets.com has invested in have enabled them to develop and provide convenient trading packages for customers to use. Finally, the combination of proven technologies, ability for a trader to trade on any kind of instrument and reliable customer support has meant that even beginners in the forex trade are able to count on it all through.

3. Easy-Forex

Having its presence in over 160 countries, Easy-Forex is one of the trusted players in Asian and European markets. The remarkable thing with Easy-Forex is their adaptability to various market conditions whilst adhering to the changing regulatory environment.
In addition to providing a guaranteed stop loss, Easy-Forex has a well-defined policy for negative balance which can be really beneficial for the new entrants. Though the transaction costs of this broker are slightly on the higher side, the protection you’re guaranteed through the broker can well help you during volatile market conditions. Also, with an impressive collection of eBooks, videos, and educational articles, Easy-Forex is the broker you need to watch out for, especially if you’re new to the forex market.

4. HotForex
This Mauritius-registered forex broker has been consistently ranked has one of the best forex brokers in Asia and it truly deserves every bit of accolades it has received in the recent past. The transparency, openness and honesty with which they operate make it possible for even novice traders to feel comfortable and secure to do their trading under different market conditions.
To make it easier for new forex traders to trade under market conditions, Hot Forex has opened up several communication lines like online forms, the telephone, e-mail and live chat. Beginners can set up a trading account with the broker for as little as $50. Furthermore, the broker offers flexible payment methods like WebMoney, credit and debit cards, Liberty Reserve, PerfectMoney, and others.

5. AvaTrade
Established in 2006, AvaTrade is easily one of the largest and more reliable forex brokers in the world today. What is really special with AvaTrade is their ability to provide all kinds of markets to those having large or small accounts with them. Today, the reputed forex broker is regulated by MiFID, the Central Bank of Ireland and other regulatory bodies worldwide.
Besides forex, AvaTrade also specializes in providing valuable services related to stocks and CFDs. AvaTrade has also been known to provide reliable and efficient customer support on a variety of issues and is also known to help new traders in taking their initial steps in the forex market. Attractive promotions and bonuses are among many initiatives AvaTrade has taken to attract all kinds of customers towards it.

6. Exness
Exness is one of the leading investment companies that provide a wide range of private and institutional investments and trading operations management to different levels of customers. So, even if you’re new to the forex market and want to create an impact, Exness can help you right away.
Established in 2008, Exness provides both MetaTrader 5 and MetaTrader 4 trading platforms for novice and experienced traders. What is really good for Exness users is that no minimum deposit is required to carry out trading activities. Furthermore, different versions of forex services offered by Exness are found to be reliable and stable, making it possible for new entrants to have control over their trading moves. The customer support of Exness too is pretty impressive.