Financial Conduct Authority: Understanding Forex Trading Rules
The Financial Conduct Authority (FCA) regulates the Forex market and provides oversight to Forex brokers in the UK and Europe. As a security measure, the FCA ensures brokers maintain strict liquidity and minimum capital requirements, as well as working toward prevention of financial crime. Additionally, the FCA provides a platform to allow traders to compare different brokers to make sure they are compliant and provide a sound service. All UK and European traders are recommended to only use brokers that are FCA regulated, ensuring their funds are in safe hands.