Best UK Forex Brokers

The Top 10 FCA regulated forex brokers in the UK are:

  • Pepperstone Pepperstone - Best FCA regulated forex broker
  • Eightcap Eightcap - Best STP/ECN forex broker
  • IG IG - Most popular UK forex trading broker
  • FXCM FXCM - Good range of CFDs and currency pairs
  • Swissquote Swissquote - Most Trusted Broker
  • Plus500 Plus500 - Top mobile and web platform
  • City Index City Index - Best forex broker uk for beginners
  • CMC Markets CMC Markets - Best spread betting platform
  • eToro eToro - Good copy trading platform
  • XTB XTB - Great demo account for UK forex traders

Pepperstone
EightCap
FXCM
Swissquote
eToro
Our Rating
9.33
8.50
7.93
9.0
7.17
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
Eightcap don't provide % of clients who lose money
66% of retail investor accounts lose money when trading CFDs with this provider
70-80% of retail CFD accounts lose money
68% of retail investor accounts lose money when trading CFDs with this provider.

Regulations and Licenses

Feature
Pepperstone
EightCap
FXCM
Swissquote
eToro
FCA (UK)

Brokerage

Feature
Pepperstone
EightCap
FXCM
Swissquote
eToro
EUR/USD Avg. Raw Spread
0.17
0.06
0.22
-
-
GBP/USD Avg. Raw Spread
0.59
0.73
0.80
-
-
AUD/USD Avg. Raw Spread
0.24
0.27
0.40
-
-
EUR/USD Standard Spread
0.75
1.06
-
1.9
3.00
EUR/USD Fixed Spreads
-
-
-
-
-
Commissions (USD Base)
$3.50
$3.50
$3.00
2
-
Minimum Deposit
$0
$100
$300
$1000
$200
Swap Free Account
No Inactivity Fees
Funding Methods
16+
8+
8+
3+
11+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
EightCap
FXCM
Swissquote
eToro
Currency Pairs
62+
40+
42+
76+
49+
Cryptocurrency CFDs*
12+
250+
7+
26+
46+
Index CFDs
14+
10+
13+
26+
13+
Share CFDs
300+
400+
15+
250+
2000+
Commodities CFD
9+
4+
12+
20+
33+
Stockbroking
-
-
-
-
2000+
Retail Max. Leverage (The United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
-
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (The United Kingdom)
500:1
-
500:1
400:1
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Feature
Pepperstone
EightCap
FXCM
Swissquote
eToro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account
Unique Feature
Smart Trader Tools
Low ECN Spreads
Large range of trading platforms
Tight spread only accounts
CopyTrader functionality
for automated trading

Overall

Pepperstone
EightCap
FXCM
Swissquote
eToro