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Is CapTrader regulated by the FCA?

Your expert
Hikmatjon T.
Fact checked by
Updated
Aug 2024
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Data-driven
Independent

Does CapTrader operate under FCA regulation as of August 2024?

Are you planning to open a trading account with CapTrader but you are uncertain if the firm is overseen by the Financial Conduct Authority (FCA)?

CapTrader is not regulated by the FCA but it accepts clients from the United Kingdom. It is regulated by CBI in Ireland. If you want to explore the best alternatives to CapTrader that are also available to UK residents, keep on reading.

Our team at BrokerChooser has extensively tested the services of over 100 brokers worldwide by opening real-money accounts and executing live trades on their platforms. We have compiled the top alternatives to CapTrader that provide exceptional trading experiences for investors in the UK.

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United States
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Overall score
3.9/5
Minimum deposit
$2,000
Stock fee
Low
FX fee
High
Inactivity fee
yes
Account opening
>3 days

FAQ

Is CapTrader legit?

CapTrader is considered reliable as it is regulated by the top-tier CBI in Ireland.

Why is FCA regulation important?

The FCA is widely considered as one of the top-tier regulators in the brokerage world. To obtain FCA authorization, each firm must demonstrate that they meet a range of stringent requirements. Failure to meet these requirements usually triggers timely and strict enforcement procedures and may result in the entity losing its license.

How can I verify if my broker is FCA regulated?

You should cross-check your broker's regulatory status on the FCA's official website. If your broker is regulated by several regulators, check which entity is authorized by the FCA and sign up with that entity. If you are not a UK citizen, this may not always be possible due to legal restrictions. Check out our comprehensive guide on how to verify FCA regulation.

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Hikmatjon Tolibjonov
Author of this article
As an Investment Analyst at BrokerChooser, I find great joy in utilizing my analytical talents to offer data-driven insights that demystify the world of investments. My studies as a master's student in International Relations at Eötvös Loránd University have deepened my grasp of the global forces shaping financial markets. I am excited about the opportunity to employ my skills and expertise in empowering investors, providing them with the clarity and the assurance they deserve.
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