Kenneth Charles642 Moore#7

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What is the role of the Financial Conduct Authority (FCA) in forex regulation?

The FCA, based in the UK, is one of the strictest regulators globally. It enforces client fund segregation, leverage caps (1:30 for retail), and clear disclosure rules. Institutions rely on FCA oversight for credibility, while retail traders benefit from the Financial Services Compensation Scheme (FSCS), covering up to £85,000 in claims. Benefits: strong investor protection and enforcement. Risks: offshore brokers falsely claim FCA ties. For traders, verifying FCA license numbers directly on the FCA register is essential. The FCA exemplifies robust supervision in a global forex hub.