FCA – The UK’s financial regulator responsible for oversight of financial markets and firms. The FCA’s role is to ensure financial firms act honestly, fairly and effectively, protecting UK consumers and market integrity. Forex brokers operating in or marketing to the UK must be FCA-authorised and comply with its rules on conduct of business, capital adequacy, AML/KYC, disclosures, client money, client classification, best execution, etc. For example, the FCA enforces mandatory risk warnings and caps on leverage in line with ESMA’s measures.
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