Best UK Forex Brokers

Our FCA regulated best forex trading platform UK list is:

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

Pepperstone
FXCM
eToro
Swissquote
CMC Markets
Our Rating
9.33
7.93
7.17
7.83
7.17
74% of retail investor accounts lose money when trading spread bets and CFDs with this provider
66% of retail investor accounts lose money when trading CFDs with this provider
68% of retail investor accounts lose money when trading CFDs with this provider.
70-80% of retail CFD accounts lose money
73% of retail investor accounts lose money when
spread betting and/or trading CFDs with this provider

Regulations and Licenses

Feature
Pepperstone
FXCM
eToro
Swissquote
CMC Markets
FCA (UK)

Brokerage

Feature
Pepperstone
FXCM
eToro
Swissquote
CMC Markets
EUR/USD Avg. Raw Spread
0.17
0.30
-
-
-
GBP/USD Avg. Raw Spread
0.59
0.90
-
-
-
AUD/USD Avg. Raw Spread
0.24
0.40
-
-
-
EUR/USD Standard Spread
0.75
1.3
3.00
1.9
0.73
EUR/USD Fixed Spreads
-
-
-
Commissions (USD Base)
$3.50
$3.00
-
2
-
Minimum Deposit
$0
$300
$200
$1000
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16+
8+
11+
3+
6+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
FXCM
eToro
Swissquote
CMC Markets
Currency Pairs
62+
42+
49+
76+
338+
Cryptocurrency CFDs*
12+
7+
46+
26+
19+
Index CFDs
14+
13+
13+
26+
46+
Share CFDs
300+
15+
2000+
250+
9,000+
Commodities CFD
9+
12+
33+
20+
124+
Stockbroking
-
2000+
-
9,000+
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
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (The United Kingdom)
500:1
500:1
400:1
400:1
500:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
FXCM
eToro
Swissquote
CMC Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Pepperstone
FXCM
eToro
Swissquote
CMC Markets
Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 9.33 FCA, ASIC
CySEC, DFSA
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 7.93 ASIC, FSCA
FCA, IIROC
0.30 0.90 0.40 150ms $300 42+ 7+ 30:1 500:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1
Visit Broker > 7.83 FCA, MAS
FINMA, DFCA
- - - 170ms $1000 76+ 26+ 30:1 400:1
Visit Broker > 7.17 ASIC, MAS
FCA, IIROC
- - - 140 $0 338+ 19+ 30:1 500:1
Visit Broker > 6.67 ASIC, CySEC
FCA,FMA
0.17 0.59 0.3 140ms $450 100+ 12+ 30:1 200:1
Visit Broker > 5.42 FCA, DFSA
CySEC, BaFin
- - - 160ms $250 49+ 16+ 30:1 500:1