Best UK Forex Broker – ForexTime (FXTM)
ForexTime (FXTM) is a UK forex broker regulated by the FCA. Need to trade with the best UK forex broker? Then ForexTime are the forex broker you’re looking for!
FXTM give their traders clarity, simplicity, transparency, education and most important of all, choice. Your priorities are their priorities. And if there’s anything you need help with, FXTM are on hand to assist you straight away. FXTM work every hour on the hour to make your trading lives easier and to offer you a unique trading experience.
Why Trade with an FCA Regulated Forex Broker?
Alongside ASIC regulated forex brokers, we regard FCA regulated forex brokers as the safest and most trustworthy in the industry.
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK government. It is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers and maintains the integrity of the UK’s financial markets. It focuses on the regulation of conduct by both retail and wholesale financial services firms. Like its predecessor the FSA, the FCA is structured as a company limited by guarantee.
The authority has significant powers, including the power to regulate conduct related to the marketing of UK forex brokers. It is able to specify minimum standards and to place requirements on products and has the power to investigate organisations and individuals. This is why choosing the best UK forex broker is essential.
Financial markets need to be honest, fair and effective so that consumers get a fair deal. It is therefore the aim of the FCA to make markets work well for both individuals and businesses. This is also important for the economy as a whole. The FCA are the prudential regulator for over 24,000 of these firms and the Prudential Regulation Authority is the prudential regulator of banks, building societies, credit unions, insurers and forex brokers.
They are responsible for regulating a sector which plays a critical role in establishing trust in the best UK forex broker and without which the modern economy could not function.