Forex and CFD Brokers UK
The Financial Conduct Authority (FCA) is the regulatory authority for the financial services industry in the United Kingdom. It is an independent organization that regulates and supervises financial firms to ensure that they operate in a fair, transparent, and secure manner. The FCA’s primary objective is to protect consumers, enhance the integrity of the UK financial system, and promote healthy competition in the financial industry.
CFD stands for Contract for Difference. It is a popular derivative product that allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. CFDs provide an opportunity to profit from both rising and falling markets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.