It is regulated by the Financial Conduct Authority FCA and is registered with the Polish Financial Supervision Authority KNF. A non-U. account at XTB gets maximum leverage of , while a UK account gets up to In addition, it focuses on customer service and offers relevant educational tools and research amenities that are suitable for novice traders.

Alvexo , a team of market veterans founded in , offers an array of intuitive, real-time trading platforms covering more than different assets. There are a variety of tools available on the platforms to assist with market analysis, as well as a flexible interface.

Alvexo is known for its education and service-oriented approach to trading for all traders. The variety of features and graphs also makes it a popular UK Bitcoin Trading Platform.

In addition to daily signals and market analysis, Alvexo clients have access to a wide range of economic news and a trading academy, as well as webinars and seminars. Libertex is a CFD trading platform that is popular with UK traders that seek low fees and commissions. This means that irrespective of which asset you decide to trade, there is no gap between the buy and sell price. Consequently, this allows you to benefit from industry-leading quotes.

Additionally, although Libertex charges a commission on each side of the trade, this is often very low. In fact, commissions at this virtual trading platform UK often sit below 0. In terms of supported markets, Libertex offers CFDs on stocks, commodities, and currencies. As a CFD specialist, you can apply leverage on any trade of your choosing. All CFD markets at Libertex also come with the option of going long or short.

This allows you to profit from both rising and falling markets. Libertex offers two trading platforms that you can choose from. This includes Meta Trader 4 and its own platform that was built in-house. Both options can be accessed online or via a mobile app. In the case of MT4 trading platforms , this can be downloaded to your desktop device — which is the route you will need to take if you want to install an automated robot.

If you like the sound of Libertex, you can open an account in minutes. Once you have funded your account for the first time, all future deposits come at a minimum of just £ However, it is regulated by leading EU license issuers CySEC.

Plus, Libertex has been offering online trading and financial services since As such, the provider has an accomplished track record that spans over two decades.

Visit Libertex. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Skilling is a broker that is popular with first-timers. This is because the platform is simple to use — especially when it comes to placing buy and sell orders. Plus, Skilling offers trading education — with the platform packed with guides and explainers.

Skilling offers leverage trading on all these markets — in line with FCA regulations. Irrespective of which CFD asset class you trade, Skilling does not charge any commissions. This low-cost CFD trading platform is also known for offering some of the tightest spreads in the industry. In fact, you can trade major currency pairs from just 0. Although Skilling is for beginners too, the platform is also popular with seasoned pros that wish to trade via MT4 or cTrader.

Once you connect your chosen third-party platform to Skilling, this will give you access to heaps of advanced orders and charting analysis tools. Skilling also offers a mobile trading app for placing orders while on the move. Although this trading app was only launched in , it is heavily regulated. This includes authorization from the FCA to accept UK traders and full regulation with CySEC and the FSA. The minimum deposit is just £, which allows you to start trading with small amounts.

Visit Skilling. Eightcap is a relatively new broker that has quickly become the go-to choice for many online traders. For starters, it offers a fantastic range of assets, including CFDs for forex, indices, stocks and commodities, so it accommodates traders of all preferences.

What really sets Eightcap apart is its extremely low fees. There are two account types — raw and standard — and both are very competitive in terms of pricing. Raw accounts have spreads from 0 pips and a small £3. Both accounts offer premium liquidity, fast execution and complete transparency with direct market access and no price manipulation, so you can enjoy these benefits whichever option you go for.

Another highlight is that Eightcap is compatible with both MT4 and MT5, so you can benefit from a wide range of advanced trading tools available on these two platforms. Other benefits of trading with Eightcap include round the clock customer service and useful resources such as trading guides and free market analysis. This European financial institution has attracted a strong following in the UK trading scene for several reasons.

Firstly, Fineco Bank offers a huge library of financial markets. This covers traditional assets, like stocks, ETFs, and funds. Not only does this include companies on the FTSE and FTSE , but AIM stocks, too.

Further afield, Fineco gives you access to dozens of non-UK exchanges. This includes markets in the US, Canada, Asia, Europe, Australia, and more. As well as stocks, this includes forex, hard metals, energies, indices, and more. These CFD instruments come with the added benefit of leverage and short-selling capabilities. Fineco Bank is also a popular UK stock trading platform as it offers competitive fees on it trading markets.

In terms of buying UK stocks, this will cost you £2. Either way, buying trading assets at Fineco will attract an annual maintenance fee of 0. CFD fees will depend on the asset. Forex can be traded from just 0.

If you like the sound of Fineco Bank for your online trading needs, the minimum deposit is just £ Finally, Fineco Bank is heavily regulated in several countries. This includes a license with the FCA and the platform is covered by the FSCS.

While many investors like to deploy short-term trading strategies, some of you might be in it for the long run. By this, we mean that you are looking to buy stocks or funds and keep hold of the investment for several years. If this sounds like you, it might be worth considering IG Trading. Launched in , the brokerage firm is one of the most established in the UK trading scene.

By opening an account with IG, you will have access to thousands of traditional assets. This includes heaps of UK stocks that can be purchased from £3 per trade. If, however, you place less than three trades per month, you will pay a commission of £8. IG also supports a full range of international markets — both big and small.

In particular, a lot of investors in the UK will use IG to buy US stocks. This is because you can get your commission down to £0, should you trade regularly. The fees on these products will vary depending on your chosen instrument. Nevertheless, IG is also worth considering if you are looking to trade CFDs.

The platform hosts more than 17, markets, which also includes spread betting facilities. Other than stocks, all CFD and spread betting markets can be traded commission-free. When it comes to the trading platform itself, buying stocks and funds can be done through the IG website.

If you want to actively trade CFDs, you can use the IG web-trader or connect your account to MT4. IG also offers a mobile trading app, which is available on both iOS and Android devices. If you want to open an account with this broker, the minimum deposit is £ Like IG, Hargreaves Lansdown is a long-standing, reputable UK broker.

Hargreaves Lansdown offers a wide range of services — share dealing accounts, stocks, and shares ISAs, including stocks and shares ISAs, lifetime ISAs, junior ISAs, and cash ISAs, and pensions. You can invest in everything from stocks and ETFs to investment trusts, funds, bonds, and gilts.

For example, while eToro offers zero-commission stock trading, Hargreaves Lansdown changes £ That being said, it does have some really useful features which will be a help to some investors. For starters, it has a vast amount of research material as well as some useful tools you can use to analyse the markets. You can also choose from ready-made portfolios, get help choosing stocks, ETFs and funds to invest in, and take advantage of the latest news and expert tips.

It also offers a useful mobile app so you can trade on the go, and if you ever need assistance you get in touch with the customer service team via email or telephone. Another broker UK traders are accepted at is VantageFX.

This platform is for traders who wish to trade using a trading platform with high leverage, as it allows up to x leverage on some major currency pairs. Moreover, VantageFX offers leverage of up to 75x, even for minor and exotic currency pairs. In addition to the two account options offered by VantageFX, it also offers ECN order processing. There are advantages and disadvantages to each of these methods, and they also offer different spreads.

For example, STP accounts have a spread of 1. As a result, VantageFX is compatible with MT4 and supports automated trading, signals, and bots. Additionally, this allows you to test any existing strategies against the past performance of the markets. Over 40 forex pairs are available to trade with VantageFX. That is not a trading platform with no minimum deposit.

However, its deposit requirements are low, even for trading accounts. Minimum deposits, for example, are GBP for STP accounts and GBP for ECN accounts. Trading , founded in Bulgaria in , is a Fintech company based in the UK with 1. The company offers commission-free trading and a trading platform for both web and mobile users. As easy as a click, you can buy and sell forex, stocks, ETFs, and more with this broker.

Platform funds are held in segregated accounts and are covered by the Financial Services Compensation Scheme FSCS for up to £85, The platform is regulated by the FCA Financial Conduct Authority in the UK and the Financial Supervision Commission in Bulgaria.

If you are a UK resident, you can join a waiting list by entering your email address and being notified when you can open a new account since they have a high volume of people using their platform right now.

You can also download the mobile app for iOS and Android devices if you wish to transact on the go. Last but not least is Pepperstone.

This broker is slightly different from others in that while it offers CFD trading, it also offers spread betting. With spread betting , any earnings you make from your trading are tax-free. You can trade stocks, indices, forex, and commodities on Pepperstone, all as either CFDs or spread bets, and with up to leverage for both ways of trading. You pay a spread for trading all assets on Pepperstone apart from share CFDs, which have a commission of up to 0.

Overall, Pepperstone is an established spread betting platform and a secure broker registered by the FCA, so its users trade in confidence. It accepts a variety of payment methods, including PayPal, so you can enjoy fast deposits and withdrawals. The next one in the pipeline is Saxo Markets. Based in Canary Wharf, London, the broker has been offering access to over 40, instruments across a wide range of asset classes. In terms of regulation, Saxo Markets is authorised by the UK Financial Conduct Authority FCA and is a popular UK trading platform for CFDs.

You can trade forex, ETFs, CFDs, commodities, futures, forex options, listed options, stocks, and bonds, with Saxo Markets offering up to in leverage — the standard of the regulated brokers in the region. One of the plus that Saxo Markets holds and makes it a heavyweight in the industry is the offering of their own proprietary trading platform. In fact, the firm offers two platforms: SaxoTraderGO and SaxoTraderPRO.

The difference between them is that the PRO version allows the possibility to place algorithmic orders. If you are a seasoned stock trading pro — then Interactive Brokers is like to be up your street. This is because the platform comes packed with an abundance of supported markets and trading tools. Regarding the former, Interactive Brokers gives you access to more than markets in 33 countries.

This means that you can trade stocks that are listed in the US, Canada, Europe, Asia, and more. In other words, if there is a low-cap international stock that you wish to trade, there is every chance that you will find it on this popular UK trading platform.

In addition to the stock market, Interactive Brokers also allows you to trade ETFs, mutual funds, and more. In terms of stock trading fees, you can invest in US-listed stocks on a commission-free basis. If your chosen market is based overseas, then you will pay a commission that varies depending on the market. When it comes to safety, Interactive Brokers has an excellent reputation. Not only was it first launched in the s, but it is heavily regulated by several US-based authorities.

Virtually all brokers offer a mobile trading app for iPhone and Android devices, meaning you can trade from the palm of your hand whenever, wherever. That being said, not every stock trading app in the UK offers a seamless trading experience.

eToro is widely regarded as being well designed, intuitive, and running smoothly. It also offers the full functionality of the eToro website, so you can copy traders from a smartphone. To help you along the way, below we list important factors to consider when choosing a UK broker. There are also many Reddit trading forums where UK traders recommend their best UK broker to invest with.

To be regarded among the best UK brokers a trading platform would need to be licensed by at least one reputable financial body. Ideally, this should be with the British FCA — which is responsible for keeping United Kingdom trading and investment industry safe and transparent. By sticking with an FCA broker in the UK, you will benefit from a range of safety nets. In addition to the above, those regarded as the best UK trading platforms also tend to be covered by the FSCS.

This means that your funds are protected up to the first £85, — should the platform cease to exist. The eToro trading app is one example — not only is it authorized and regulated by the FCA, but CySEC and ASIC, too.

It is also registered with FINRA in the US — meaning that you have regulatory oversight on several fronts. There are thousands of financial instruments across dozens of asset classes that can be traded online.

But, not all UK trading brokers will give you access to your desired marketplace. To be considered among the top trading platforms in the UK, traders expect access to the following tradeable markets:. Furthermore, and perhaps most importantly, you need to find out whether you are trading CFDs or buying the asset outright. In turn, this does allow you to short-sell with ease and apply leverage of up to This is particularly the case if you want to build a long-term investment plan, as CFDs attract overnight financing.

You may consider choosing a UK trading platform that gives you access to both traditional assets and CFDs. It also allows you to trade thousands of CFD markets, which in addition to the aforementioned, include forex, commodities, and indices.

When investors in the UK are searching for the right online trading platform for their needs, they will often focus on fees. After all, the amount you need to pay to trade online can vary quite considerably.

The main fees that you need to consider in your hunt for brokers UK traders can sign up to are as follows:. Share dealing fees not only relate to the purchase of stocks, but other traditional assets like ETFs, mutual funds, and investment trusts.

In all but a few rare cases, your chosen trading app UK will charge a flat dealing fee. This means that irrespective of how much you invest, the fee will remain the same. It goes without saying that this benefits investors that are looking to trade larger amounts.

If, however, you used UK trading platform eToro — the above transaction would have cost you nothing in commission. Plus, the platform even waives the 0. If you decide to trade assets via a CFD instrument, then your chosen platform will charge you a variable fee. As always, the amount of commission that you pay can vary depending on which UK trading platform you sign up with.

Sure, this might not sound like a lot to pay. However, these costs can quickly add up — resulting in profitable trades becoming somewhat unviable. This is especially the case when you use a trading platform that has a minimum commission policy in place.

Fortunately, the UK brokers that we reviewed on this page allow you to trade CFDs commission-free. This includes eToro, Skilling, and Plus This is simply the difference between the buy and sell price of the financial instrument being traded.

This means that when you open your Apple trade on eToro, your position is instantly 0. In other words, your trade needs to increase in value by 0. In this example, a spread of 0. The main costs to explore in depth are related to share dealing fees, commissions, and spreads.

However, there are other charges that your chosen UK trading platform might have in place, which includes:. All in all, fees and commissions can and will have a major impact on your ability to make gains, so make sure you understand what you are paying before opening an account. Some UK brokers keep things simple by allowing you to buy and sell assets — and nothing more. In other cases, your chosen provider might offer an abundance of tools and features that can take your investment endeavors to the next level.

Not all UK traders want to risk thousands of pounds on a single investment. On the contrary, some of you might just be starting out and thus — want to trade with small stakes. In line with fractional ownership, trading apps in the UK allow you to get started with a small amount.

This means a low minimum deposit that is affordable for traders of all budget levels. Automated trading is getting more and more popular in the online space. The main concept is that you can actively trade without needing to do any research. In fact, some automated trading tools will go one step further by placing orders on your behalf. Not only does this suit traders with no experience, but those with little time to analyze the markets.

There are several ways in which you can automate your trades. Some in the UK opt to purchase a trading robot, which they then install into MT4. With that said, the safest way to engage in an automated trading platform is to do this directly through an FCA broker. eToro, for example, offers a Copy Trading feature that does not attract any additional fees. All you need to do is decide which verified eToro trader you wish to copy, and the platform will then mirror all trades in your own portfolio.

Irrespective of which trading platform you use or the asset you wish to access, you will always need to place a series of orders to execute your position. This essentially lets your chosen trading platform know what you want to achieve. All UK brokers will offer buy and sell orders, as this is required to enter and exit your trade. Most UK providers in this space will also offer risk-management orders. This should include stop-loss and take-profit orders at a minimum, but trailing stop-loss and guaranteed stop-loss orders are also very useful.

Unless you are planning to trade recklessly, you should never execute a position unless it is based on some form of research. Otherwise, you may as well be gambling. To aid your research process, many online trading platforms in the UK will offer an assortment of analysis tools. For example, platforms like eToro give you access to pricing charts on all of its supported assets.

It also offers fundamental data on major stocks, as well as guidance on current market sentiment. Most UK brokers also offer direct access to financial news, which is especially important for long-term investors.

Irrespective of whether you are a seasoned pro or a first-time trader, demo accounts are invaluable. When you choose a trader to follow, their trades get copied and inserted into your account. This can be then managed in a transparent and simple way.

The individual you have copied also receives a small incentive from eToro for the more followers they receive. It should be noted that copy trading is the most popular feature of eToro. This is assisted through filters based on returns, the number of copiers and what markets they like to trade.

Other options shown below are market portfolios, trader portfolios and partner portfolios, which combine traders, top performance assets or specific strategies. eToro offers UK residences with a zero commission stockbroking service. Shares are available for markets across the world from the UK, and Hong Kong to the USA and there are no limits on the amount you can trade which can be in bulk or in fractions.

As a bonus, eToro also includes free stock analysis from a team of experts. While there are no commissions, there are fees when it comes to trading shares with eToro. These include conversion fees for most UK residences as the eToro platform uses USD.

This means transferring your GBP to eToro for share trading has some currency conversion charges. Additionally, there is a withdrawal fee which is USD Again, this should be factored into the cost when comparing the top UK broker with other share trading services.

Leverage for retail UK traders is up to which is the maximum set by the FCA and the broker sets limits on margin calls. If you qualify for a professional account, this can be increased by up to leading to a high-risk environment. If trading with either a retail or professional account trying the free demo account first before a high-risk live account is recommended. Individuals who want to copy the trades of selected forex traders and like being part of a social trading community should choose eToro.

Just note the broker has higher brokerage in some categories with unique charges such as withdrawal fees. They are regulated by the FCA, MiFID, ASIC and CySEC. Our best forex broker UK analysis found FxPro had one of the best range of markets including over 70 currency pairs with ultra-tight spreads in addition to Shares, Spot Metals, Spot Energies, Spot Indices, Shares and Futures. With NDD Execution and Equinix Data centres in Amsterdam and London, latency is low with the execution time averaging less than It is worthwhile making an effort to understand the types of accounts FxPro offer before signing up as there are differences between each account.

FxPro MT4 and MT5 is the standard account most traders will use. The main feature to be aware of is that you can choose between the MT4 and MT5 trading platforms. Should you select the MT4 platform, then you can have the option of MT4 Instant which means fixed spreads for 7 currency pairs instead of variable spreads.

Regardless if you pick MT4 fixed or variable or MT5, this account has no commission costs. FxPro cTrader means you will be using the cTrader trading platform. Unlike MT4 or MT5, you will pay commission costs and shares, cryptos and futures are not available. The last account is the FxPro Platform, this account has the same products as MT5 and also has no commission costs.

In addition to MT4 and MT5 which are available with many brokers on this list , FxPro also offers cTrader and their own platform called FxPro Trading Platform.

This platform will appeal to traders wanting a few extra analysis features beyond what is found on the MetaTrader Platforms. This includes over 50 inbuilt indicators and charting tools and 6 chart types with 15 timeframes. The platform also gives you greater control of your funds. All FxPro products can be traded on this platform and there is a mobile and desktop versions.

The forex and CFD broker provides multilingual support with customer support agents available to help in over 17 languages 24 hours, 5 days a week. Free call numbers are available for a range of countries, with clients also able to contact the broker via email. For those wanting to gain advice and information face-to-face, FxPro has offices in the UK, Cyprus, Monaco and the United Arab Emirates.

Pricing is favourable as gains are subject to fewer taxes than other financial instruments, plus no commission fees as the broker is compensated through the spread. Conditions are much the same when spread betting. Forex spreads start from 0. Many UK residents prefer a spread betting broker as profits are tax-free.

Profits made from spread betting platform trades are not subject to capital gains tax CGT in the United Kingdom, although traders should determine whether profits are subject to other taxes prior to entering high-risk positions. As well as avoiding CGT, spread betting investors are not required to pay stamp duty as they do not own the underlying asset. As spread betting is a tax-efficient investment, many traders prefer spread betting to buying and selling physical assets. You can spread bet using all products CMC offer, so whether you prefer to bet using Forex, Indices or Commodities, there are no shortage of options.

In addition to MetaTrader 4, CMC Markets also have its own trading platform called Next Generation. This platform is for traders wanting extra analysis and risk management tools.

The Next Generation platform comes with technical indicators, 70 charting patterns, 35 drawing tools plus 20 years of price history for backtesting. The platform also has a wealth of risk management tools. Traders who want to try Spread Betting should consider CMC Markets due to their large range of products and the Next Generation Trading Platform. XTB is a forex and CFD exchange-listed firm that is regulated by the FCA and accepts UK residents.

The broker provides comprehensive market access to a range of asset classes, including Forex, Indices, Stocks and ETFs. XTB like many traders on this list offers commission-free forex trading for their products however they do advertise a lower minimum spread than their competitors being just 0.

If you trade stocks or ETFs then you will pay a commission of 0. XTB is a no-dealing desk broker which means they connect you with liquidity providers and are not your counterparty to your trades.

Demo users gain access to an environment very similar to trading with real money without the high risk of losing capital. Over financial instruments are available to practise with, including Forex, Index, Commodity and Share CFDs.

As well as the benefits of a demo account for both beginner and advanced traders, XTB offers a range of educational resources to gain confidence. Our best forex broker UK comparison found the XTB website had the most videos explaining trading strategies, trading instruments and forex platforms as well as live webinars.

Educational resources are separated into experience levels, ensuring there is useful information for all levels of experience by providing Basic, Intermediate, Expert and Premium content. If you are unfamiliar with forex and CFD markets or looking to trial different trading strategies in a risk-free environment, then XTB is recommended with an unlimited demo account available across a number of advanced platforms.

City Index is the best UK forex broker for beginner forex traders based on their low spread only account. Not only does City Index have the lowest spreads but they also require a low initial deposit of £ to open a trading account. The broker offers forex traders comprehensive forex training resources, suited to all levels of experience from beginner to advanced traders. This starts with an introduction to CFD markets and moves to advanced trading strategies. City Index has the Financial Conduct Authority Licence and the parent company is Gain Capital which is regulated in 8 jurisdictions.

City Index is designed for those new to currency trading with an easy-to-use forex platform, risk management tools and training. The broker is a good starting point for forex markets with low spreads. If you are after a broker with access to deep liquidity and fast execution along with an appealing range of trading platforms then Swissquotes is one broker you can trust to deliver.

Depending on your trading preferences, a range of account types is available to suit different personal needs. With 3 account types for retail traders along with a professional account for eligible traders, Swissquote can offer attractive conditions for traders of all levels.

Two commission-free accounts are available, these are the Prime and Premium accounts. Prime has lower spreads which start from 0. Prime has spread which starts from 1. If you are a retail trader and are after even lower spreads then there is the Elite account. While you do pay a commission of 2. The minimum deposit is quite a high amount being USD 10, but this goes toward your future trades anyway so this account is best for serious traders.

Maximum leverage when trading forex for these three accounts is for major currency pairs and for minor pairs. If you wish to trade with higher leverage there is the Professional account.

You must first qualify with successful applicants given up to leverage. One impressive aspect about Swissquotes is their average execution speed. Faster execution means less chance of slippage. A low fill ratio can mean that either the broker is rejecting trades because they are unfavourable or the broker cannot access the necessary liquidity to fulfil trades. All up this means Swissquote can offer competitive spreads and the near-promise of your trades being completed in a fast time at the quoted price.

Like any good broker, Swissquote allows offers a range of platforms to suit the needs of different traders. In the case of Swissquote, you can choose from the broker proprietary platform Advanced Trader, or the mainstream platforms — MetaTrader4 and MetaTrader5.

All platforms are available for desktop not Mac in the case of Advance Trader , web and mobile. MetaTrader 4 and MetaTrader 5 are both excellent options and a good reason to select Swissquote but Advanced Trader is superior if you have specific or complex trading needs.

These include One-Cancels-The-Other and IF-Done Order. Other features include AutoChartist and Trading Central. Over 70 currency pairs are available for forex CFD trading with Swissquote.

This range place means they offer one of the larger ranges compared to most brokers. Most of these pairs are also available as options that can have a maturity period of 1 day to 1 year. If you wish to trade metals, Swissquote offers precious metals like gold, silver, platinum and palladium. Gold spreads begin at 0. Just note that trading lots differ when using Advanced Trader compare to MetaTrader. MetaTrader standard lots 1 lot are ounces except for silver which is 5, ounces.

Standard lots for all metals with Advanced Trader are 1 ounce. Swissquote also offers shares, indices, energies and bonds are also available. Indices are available using spot or as forwards while commodities can be traded as forwards or synthetics. All bonds are available as forwards. With exceptionally fast execution speed, an award-winning trading platform and an extensive array of range of financial instruments available to trade with, Swissquote is a safe choice as your broker.

For the past 5 years, ThinkMarkets offer additional protection up to £1,, insurance on top of FCA regulation with Lloyds. It should be noted that retail investor accounts have more FCA protection by default, as trading CFDs are complex instruments to those new to trading. Professional traders though have limited protection, which is why this extra level would appeal to higher volume experienced foreign exchange traders.

IG Markets is a market maker that provides one of the largest range of CFD products of all brokers and usually with no commission costs. There are 4 trading platform options. Most IG clients will be using the IG CFD trading account. Spreads for major forex pairs start from 0. Should you want greater control of your trading, a DMA account is also available. DMA means Direct Market Access and is similar to ECN or STP trading, the difference is that you have complete visibility of the order books at the trading exchange.

To trade with DMA you will need to use either the IG trading platform or the L2 dealer. However, be aware that L2 Dealer allows you to trade with Forex and Shares while IG Trading Platform is limited to stocks only.

IG Markets allows you to choose from more trading platforms than many other brokers. Each trading platform is designed for different types of traders so IG is really catering for all types of clients.

With this platform, you get an exceptionally fast execution speed of 0. Unique features of this platform include guaranteed stop loss for protection in market volatility and DMA share trading. This platform is also available spread betting UK Platform. This platform is available for desktop, tablet and mobile trading apps and via web browsers with mobile shortcuts for faster trading.

MetaTrader 4 is the best choice for trading with automation. MT4 allows you to use Expert Advisors which allow you to automate your trading. MT4 is good for CFD trading, especially forex, do not use this platform if you wish to trade shares. ProRealTime is a web platform with advanced charting tools. If a technical analysis is important to you, then this platform can give you the edge you need. L2 Dealer is IG Markets proprietary platform for DMA trading. If you are looking for visibility of the price order books and greater control of the spreads you pay, then DMA trading has the potential to lead to savings.

IG broker UK is only of the oldest brokers with 45 years of experience. They offer a variety of CFD trading and even interest rates and have VIP accounts for high-volume traders.

Their FCA company number is Individuals who want to trade with the largest foreign exchange broker and have the choice of forex platform with the ability to switch should consider IG. This means their price feeds are taken from a large pool of tier-1 liquidity providers and brought directly to you with no price interference.

With spreads being 0. Your spread cost is one of the most important factors to consider when choosing a broker given you pay a spread cost each time you open and close your trading position per , lots.

As such, these costs can add up very quickly, especially if you are a high-volume trader, scalper or trade with high leverage, and for this reason, you want to pick a low-spread forex broker. This means the servers are close to many tier-one providers within the Equinix Ecosystem for low latency and therefore faster pricing. Brokers that connect you with liquidity providers with no dealing desk tend to have the lowest spread costs.

For this reason, you pay commission costs which allow the broker to avoid widening their spread to recover their costs. Given the spreads are 0. Eightcap gives you two trading account options: Standard and Raw. Spreads for the Standard account start from 1. Like the best no-dealing brokers, Eightcap uses STP technology to source the best quotes from top-tier liquidity providers with no mark-ups. These commission costs are consistent with what many brokers charge.

As can be seen in the spread table below, Eightcap average spreads for many currency pairs are industry-leading. As a Forex broker, Eightcap offers 40 major, minor and exotic foreign exchange markets to trade for UK traders.

While light on in some markets, Eightcap does have a solid range of over stocks you can trade, including trading symbols.

You can also obtain leverage of up to for retail, and up to for professional accounts with Forex derivatives. A disclaimer: while high leverage does maximise your returns, you take on more exposure to market volatility so it is a high-risk investment. Eightcap is a MetaTrader specialist so they only offer the MetaTrader 4 and MetaTrader 5 trading platforms.

This means you can use it for automation, scalping, hedging and integrating with other 3rd part products. For most traders, this is perfectly fine. MetaTrader 4 is the most popular trading platform in the world for good reason. If you wish to trade forex, you will find it has everything you need to trade successfully. MetaTrader 5 basically has everything MetaTrader 4 has but even more features and advanced trading tools, as indicated below.

You will find the MetaTrader 4 marketplace has thousands of free and paid indicators and automation expert advisors so you can optimise your trading experience. The MetaTrader 5 marketplace is smaller than MetaTrader 4 but it is growing. You should still be able to find the indicators and automation expert advisors you need.

Where MetaTrader 5 has the advantage is that it is built for centralised trading meaning it can also offer Share trading. MetaTrader 5 also has bit processing which means more powerful backtesting. To help you get started with MetaTrader, Eightcap include FX Blue Laps which is a suite of 28 widgets, trading expert advisors and charts. Trading apps include Alarm Manager, Correlation matrix and Trader, Mini and Trade Terminal and Stealth Orders.

The indicator package includes charts such as Donchian, Chart-In-Chart and Renko Bar. If you wish to automate your trading, you can integrate Capitalise. ai with MetaTrader. This tool allows you to create your own algorithms without knowing any code. Eightcap has also recently announced a partnership with CryptoCrusher, a crypto enhancement trading tool and The Amazing Trader, a charting algorithmic platform for FX, indices, cryptos and metals with an in-built risk management tool.

Please note that FCA regulations prohibit UK traders from cryptocurrency CFD trading. Eightcap is an excellent no-dealing desk broker. With competitive spreads and an excellent range of trading platforms and tools, Eightcap is a broker worth considering. The best forex broker in the UK is Pepperstone based on their low fees including spreads from 0.

Pepperstone has local offices in London, United Kingdom and trades in the UK as Pepperstone Limited under Financial Conduct Authority FCA Registration Number Beginner forex traders should consider City Index as the broker offers both spread betting and CFD trading. The forex broker provides extensive forex training for beginners, a unique forex platform that allows web trading, mobile trading via iOS and Android Apps or a desktop platform that can be downloaded and the option to trade indices, shares and forex.

City Index in the United Kingdom trades as GAIN Capital UK Limited with local offices in London with FCA registration number The lowest spreads available are through a Pepperstone Razor forex account. You can compare the Razor vs standard account to see which one best suits your trading needs. Every forex broker in the UK recommended on this page is listed on the Financial Conduct Authority FCA register.

This was called the Financial Services Authority FSA prior to , after which the Banking Reform Act reformed the authority. As part of Europe , the United Kingdom follows the ESMA guidelines on CFD trading. You can view the full list of FCA regulated brokers at the bottom of this page.

The authority is independently formed by the government and funded by membership fees. Forex brokers are required to hold a minimum of £1 million in operating capital in the UK by the FCA. This may increase based on a formula aligned to the number of traders a fx broker has. Other requirements include:. The FCA has a compensation scheme to guarantee forex broker UK client funds are protected.

This is called the Financial Services Compensation Scheme FSCS. The objective of the FSCS is to compensate CFD traders when a broker comes into insolvency issues, offering protection up to £50, When insolvency and liquidation issues occur, the FSCS provides CFDs traders with:.

To submit a claim a CFD trader is required to make an insurance claim through the Financial Services Compensation Scheme website. To avoid a scam broker, it is strongly recommended that UK residents choose an FCA-regulated broker. Traders should note that this year Cryptocurrency CFD trading was banned by the FCA. This means that any crypto class such as Bitcoin is no longer offered by any regulated broker in the United Kingdom.

Cryptocurrencies are also banned for traders that choose spread betting. Based on factors such as currency trading conditions, forex market range, fees and customer service, a list of recommended UK forex brokers regulated by the FCA has been created.

This was last revised in November and is regularly updated based on CFD providers that gain or lose an FCA licence. Many brokers such as OANDA, XTB and their platform xStation were considered in this review and may be featured on our other UK comparison page. They are shown in the table below. Disclaimer: CFD and Spread Betting involve complex instruments. In volatile markets, the combination of leverage creates a high-risk trading environment.

Volatility can lead clients to lose money quickly. Make sure that you understand the risks of CFDs and spread bets and can afford to lose your money when trading.

I noticed that some overseas brokers offer higher leverage than the list provided here. Why is this? The Financial Regulator of the UK, the Financial Conduct Authority FCA restricts maximum leverage to for major currency pairs and for minor currency pairs.

A forex trading platform lets you exchange one currency for another in an attempt to make a profit from the downfall of one currency against the other. Investors do this by trading currency pairs and making decisions based on market conditions, such as whether one currency has decreased in value as a result of a political decision or new information on trade flows. Forex trading apps have a number of currency pairs available to trade, so you can open and close a position in ease.

You can read our guide on how to trade forex if you want to know more about currency pairs, exchange prices and how to get started.

Read on to find out which forex trading apps are the best in the UK. Here are some of the best forex trading platforms based on some of the features available, average spreads and the number of currency pairs available. com is pretty well balanced between the two — we compared the spreads of several currency pairs and found an average spread of 0.

You can trade currency pairs with the platform, too. com offers more than just forex — it lets you trade contracts for difference on lots of different asset classes, including commodities and companies. Need to know: Desktop trading platform not available for UK users and charts are not customisable.

Read our review of Capital. As with Capital. Read our review of IG. Read our review of Saxo. Fineco also offers traditional share dealing, allowing you to purchase individual shares and exchange-traded funds as well as invest in commodities, so you have a great range of investment options available. Read our review of Fineco. Typically, when choosing the best trading platform for forex, investors think about a few key things: the spread, the currency pairs available and the charting tools.

A pip is the smallest movement that an exchange rate can make. This is equal to 1 basis point. To work out the spread, you minus the sell price from the buy price. The best forex pair to trade really depends on the current economic climate. This means that the best one to trade is changing all the time — try keeping an eye on current affairs to try to get a grasp on what impact certain events might have on a currency and choose which pairs to trade based on your findings. When signing up, make sure you have some ID handy, as well as your bank details and national insurance number.

Zoe is a writer for Finder specialising in investment and banking. Zoe has a BA in English literature and a Diploma for Financial Advisers. She has several years of experience in writing about all things personal finance. Zoe has a particular love for spreadsheets, having also worked as a management accountant. Looking to start trading? See what Spreadex, one of the UKs leading spread betting companies could offer you!

Looking to get into forex trading? See if 3D Markets are the right partner for your trading journey now. Looking to get into trading? See if AvaTrade have the right combination of education, competitive pricing and customer support to suit you. Looking for a trading platform and partner that you can trust? See what Formax can offer you in the expanding world of Forex trading. If you want to get into the world of trading contracts for difference, ETX Capital has this on offer.

Find out how to trade with ETX Capital. If you want to invest your time and capital wisely, take a look at what FXTM can offer you in the expanding world of forex trading. Looking to invest? Click here to cancel reply. Optional, only if you want us to follow up with you. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions.

While we are independent, the offers that appear on this site are from companies from which finder. com receives compensation. We may receive compensation from our partners for placement of their products or services.

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com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Best forex trading platforms Find out which forex trading apps came out best in our comparisons. Zoe Stabler. Posted Nov 17, Learn more about how we fact check. Navigate Stock Forex In this guide.

Finder's best forex trading platforms in the UK What's the best forex trading platform? What benefits are most important to you? Best forex trading platform Best forex platform for beginners Best forex platform for number of currency pairs Best forex platform for spreads How to choose the best forex trading platform Is forex trading free? What are the best forex pairs to trade? What's next? Forex trading. Forex trading for beginners. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. What's a currency pair? A currency pair is a pair of currencies that have been placed together. By trading a pair, the investor is predicting that one will be worth more after a given period. The two currencies are referred to as the base currency and the counter currency.

When trading a pair, you buy the one that you think will go up in value and sell the one you think will decrease against the other. Overall best. Currency pairs.

Finder score methodology. User survey methodology. Invest now Capital at risk. The offers compared on this page are chosen from a range of products we can track; we don't cover every product on the market Unless we've indicated otherwise, products are shown in no particular order or ranking.

The terms "best", "top", "cheap" and variations , aren't product ratings, although we always explain what's great about a product when we highlight it; this is subject to our terms of use.

When making a big financial decision, it's wise to consider getting independent financial advice, and always consider your own financial circumstances when comparing products so you get what's right for you.

Was this content helpful to you? Thank you for your feedback! Zoe Stabler twitter linkedin. Spreadex forex trading Looking to start trading? IQ Option Forex Trading Looking to get into forex trading? AvaTrade review: Features, services, rates and fees Looking to get into trading? Formax forex trading Looking for a trading platform and partner that you can trust?

ETX Capital review If you want to get into the world of trading contracts for difference, ETX Capital has this on offer. FXTM Forex Trading If you want to invest your time and capital wisely, take a look at what FXTM can offer you in the expanding world of forex trading.

Pepperstone Forex Trading Looking to invest? Ask an Expert. Display Name. Your Email will not be published. Your Question You are about to post a question on finder. com: Do not enter personal information eg. surname, phone number, bank details as your question will be made public finder.

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This tool allows you to create your own algorithms without knowing any code. With that said, we also came across providers that only offer support via email. Ideally, this should be with the British FCA — which is responsible for keeping United Kingdom trading and investment industry safe and transparent. Sort By Rating. Overall, Pepperstone is an established spread betting platform and a secure broker registered by the FCA, so its users trade in confidence.

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