The UK regulatory authority is the FSA – Financial Services Authority. Though the FSA is a non-governmental agency that is set up to monitor the financial transactions in its jurisdiction, it has been given full authority by the Financial Services and Markets Act 2000. The FSA is headed by a Chairman. The Treasury appoints a committee to oversee the functioning of the FSA.
Any broker that wants to transact futures trading in the UK has to be registered with the FSA and given stringent FSA rules and regulations, registered brokers in the UK have little choice when it comes to towing the integrity line. Our review of the best FSA regulated brokers resulted in a shortlist of three recommended brokers: Gain Capital UK, FX Solutions UK, and Forex.com.
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