UK Forex Broker Comparison

The best FCA regulated forex brokers UK list is.

  • Pepperstone Pepperstone - Best UK forex broker with lowest spreads
  • CMC Markets CMC Markets - Best Range Of Financial Services
  • IG IG Group - Largest Foreign Exchange Broker
  • eToro eToro - Best UK Cryptocurrency Broker
  • FxPro UK FxPro - Best Spread Betting trading Account
  • Plus500 Plus500 - Best forex brokers for beginners
  • axitrader logo AxiTrader - Best Automated Forex Trading
  • swissquote logo Swissquote - Best non-commission UK forex account

Pepperstone
CMC Markets
IG
eToro
FxPro
Our Rating
9.17
7.17
6.67
7.17
7.46
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
73% of retail investor accounts lose money when
spread betting and/or trading CFDs with this provider
71% of retail investor accounts lose money when
trading spread bets and CFDs with this provider
68% of retail investor accounts lose money when trading CFDs with this provider.
76.14% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider

Regulations and Licenses

Feature
Pepperstone
CMC Markets
IG
eToro
FxPro
ASIC (Australia)
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
FSCA (South Africa)
FINMA (Switzerland)
CYSEC (Cypus)
IIROC (Canada)
FMA (New Zealand)
DFSA (Dubai)
BaFin (Germany)
CBI (Ireland)
FSA (Seychelles)
SCB (Bahamas)
BMA (Bermuda)
Unregulated

Brokerage

Feature
Pepperstone
CMC Markets
IG
eToro
FxPro
EUR/USD Avg. Raw Spread
0.17
-
0.17
-
0.55
GBP/USD Avg. Raw Spread
0.59
-
0.59
-
0.46
AUD/USD Avg. Raw Spread
0.24
-
0.3
-
0.76
EUR/USD Standard Spread
0.75
-
0.86
3.00
1.40
EUR/USD Fixed Spreads
-
-
-
-
1.69
Commissions (USD Base)
$3.50
-
-
-
$4.50
Minimum Deposit
$0
$0
$450
$200
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16+
6+
4+
11+
4+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
CMC Markets
IG
eToro
FxPro
Currency Pairs
62+
338+
100+
49+
69+
Cryptocurrency CFDs*
12+
19+
12+
46+
30+
Index CFDs
14+
46+
34+
13+
24+
Share CFDs
300+
9,000+
12000+
2000+
150+
Commodities CFD
9+
124+
35+
33+
21+
Stockbroking
-
9,000+
-
2000+
-
Retail Max Leverage (Australia)
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 200:1
Pro. Max Leverage (Australia)
500:1
500:1
Pro 1: 100:1
Pro 2: 250:1
400:1
-
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
222:1
400:1
200:1
Retail Max. Leverage (Europe)
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 (Europe)
500:1
500:1
222:1
400:1
200:1
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
-
-
-
-
Pro. Max. Leverage (UAE)
500:1
-
-
-
-
Retail Max. Leverage (USA)
-
-
Major Pairs 50:1
Minor Pairs 20:1
-
-
Retail Max. Leverage (Canada)
-
Major Pairs: 52:1
Minor Pairs 16:1
-
-
-
Retail Max. Leverage (Singapore)
-
Major Pairs 20:1
Minor Pairs 10:1
Major Pairs 20:1
Minor Pairs 20:1
-
-
Pro. Max. Leverage (Singapore)
-
500:1
50:1
-
-
Pro. Max. Leverage (Kenya)
-
-
-
-
-
Retail Max. Leverage (South Africa)
-
-
Major Pairs 30:1
Minor Pairs 20:1
-
-
Pro. Max. Leverage (South Africa)
-
-
222:1
-
200:1
Retail Max. Leverage (With offshore regulators)
200:1
Major Pairs 30:1
Minor Pairs 20:1
200:1
400:1
200:1
Pro. Max. Leverage (With offshore regulators)
-
-
-
-
-
Professional Leverage
-
500:1
200:1
-
500:1

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

Trading Platforms + Tools

Feature
Pepperstone
CMC Markets
IG
eToro
FxPro
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
Offers both CFD and Stock trading
Guaranteed stop loss orders
CopyTrader functionality
for automated trading
1,300,000 client accounts

Overall