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Michael Nathaniel_ Moore#83
How to check if a forex broker is FCA licensed?
To verify an FCA (Financial Conduct Authority) license, traders should search the FCA’s Financial Services Register using the broker’s name or license number. The register shows authorization status, permitted activities, and warnings about clone firms. Traders must ensure the license belongs to the correct legal entity, not a similarly named scam. FCA-licensed brokers must segregate client funds, provide negative balance protection, and participate in the Financial Services Compensation Scheme (FSCS). These protections make FCA regulation among the strictest globally. Verification is an essential step before depositing funds with any UK broker.
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