Top 10 UK Forex Brokers

The best FCA regulated forex brokers in January 2021 are the following.

  • Pepperstone UK

    Pepperstone – Best FCA regulated forex broker

  • Markets.com UK

    Markets.com – Best trading platforms and tools

  • IG UK

    IG – Good choice of UK forex trading platforms

  • FXCM UK

    FXCM – Most currency pairs and CFDs

  • City Index UK

    City Index – Best forex broker for beginners

  • Plus500 UK

    Plus500 – Top mobile and web platform

  • CMC Markets UK

    CMC Markets – Best spread betting platform

  • eToro UK

    eToro – Good copy trading platform

  • XTB UK

    XTB – Top demo account in UK

  • FxPro UK

    FxPro – Top British customer support


Pepperstone
Markets.com
eToro
IG
ThinkMarkets
Our Rating
9.17
8.17
7.17
6.67
7.67
79.3% of retail CFD accounts lose money
73.9% of retail investor accounts lose money when trading CFDs with this provider.
75% of retail investor accounts lose money when trading CFDs with this provider.
76% of retail CFD accounts lose money
73.72% of retail investor accounts lose money when trading CFDs

Regulations and Licenses

Feature
Pepperstone
Markets.com
eToro
IG
ThinkMarkets
FCA (UK)

Brokerage

Feature
Pepperstone
Markets.com
eToro
IG
ThinkMarkets
EUR/USD Avg. Raw Spread
0.16
0.17
0.1
GBP/USD Avg. Raw Spread
0.4
0.6
EUR/USD Standard Spread
1.16
0.6
0.86
1.2
Commissions (USD Base)
GBP £2.29 Side-Trip (MetaTrader)
£2.50 per side
Commission Rebates
Minimum Deposit
GBP £200
$250
USD $200
£0
Swap Free Account
No Inactivity Fees
Funding Methods
3
Wire transfer, Visa, MasterCard, Skrill, Neteller, PayPal
6
4
6
No Funding Fees

Markets and Instruments

Feature
Pepperstone
Markets.com
eToro
IG
ThinkMarkets
Currency Pairs
61+
120
47+
80+
38+
Cryptocurrency CFDs
5+
7
98+
5+
5+
Index CFDs
14+
58
13+
34+
21+
Share CFDs
60+
3312
2000+
12000+
1200+
Commodities CFD
15+
36
12+
38+
10+
Stockbroking
2000+
Retail Max. Leverage
30:1
300:1
30:1
30:1
30:1
Professional Leverage
500:1
300:1
400:1
200:1
500:1

Trading Platforms + Tools

Feature
Pepperstone
Markets.com
eToro
IG
ThinkMarkets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
MetaTrader 4 only
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
Demo Account
Unique Feature 1
Commission rebates for active traders
Unique Trading Tools
CopyTrader functionality for automated trading
Guaranteed stop loss orders
Guaranteed Negative Protection
Unique Feature 2
Award Winning Customer Support
Share Dealing
Social trading interface across CFDs
Wide range of CFDs
Wide range of trading platforms
Uptime record of 99.99%

Overall