Top 10 UK Forex Brokers

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

  • Pepperstone UK Pepperstone - Best FCA regulated forex broker
  • markets.com logo Markets.com - Best forex trading platforms and tools
  • IG UK IG - Most popular UK forex trading broker
  • FXCM UK FXCM - Best range of currency pairs and CFDs
  • City Index UK City Index - Best forex broker uk for beginners
  • Plus500 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 for UK forex traders
  • FxPro UK FxPro - Top MetaTrader 4 UK Forex Broker

Pepperstone
Markets.com
eToro
IG
ThinkMarkets
Our Rating
9.17
8.17
7.17
6.67
7.67
78.6% of retail CFD accounts lose money
77% of retail investor accounts lose money when trading CFDs with this provider.
67% of retail investor accounts lose money when trading CFDs with this provider.
71% of retail CFD accounts lose money
75.5% 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
0.09
0.17
0.1
GBP/USD Avg. Raw Spread
0.59
0.6
EUR/USD Standard Spread
0.75
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
30:1
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