Top 8 UK Forex Trading Platforms For Beginners

Below are our best Forex trading Platforms in the UK if you are new to CFD Trading:Best-Forex-Trading-Platform-For-Beginners-UK

  • Pepperstone – Best Beginner Forex Broker With MetaTrader 4
  • eToro – Top Beginner Forex Platform For Social Trading
  • XTB – Best Mobile Trading Platform For Beginners
  • Plus500 – Good Risk Management Beginner Trading Platform
  • FXCM – Top Add-On Social Trading For Beginners
  • CMC Markets – Best Web Trading Platform (Next Generation)
  • FxPro – Best cTrader Trading Platform Broker
  • City Index– Top CFD Trading Platform For Beginners





Broker Reviewed

Pepperstone
City Index
FxPro
Plus500
ThinkMarkets
Our Rating
9.17
6.83
5.46
5.83
7.67
76.4% of retail CFD accounts lose money
71% of retail CFD accounts lose money
70.25% of retail CFD accounts lose money
80.5% of retail CFD accounts lose money
73.72% of retail investor accounts lose money when trading CFDs

Regulations and Licenses

Feature
Pepperstone
City Index
FxPro
Plus500
ThinkMarkets
FCA (UK)

Brokerage

Feature
Pepperstone
City Index
FxPro
Plus500
ThinkMarkets
EUR/USD Avg. Raw Spread
0.13
0.10
0.1
GBP/USD Avg. Raw Spread
0.51
N/A
AUD/USD Avg. Raw Spread
0.18
N/A
EUR/USD Standard Spread
1.13
0.8
1.4
0.6
1.2
EUR/USD Fixed Spreads
1.6
N/A
Commissions (USD Base)
GBP £2.29 Side-Trip (MetaTrader)
USD$0.45 (cTrader)
£2.5
Commission Rebates
Minimum Deposit
GBP £200
USD $100
100
£0
Has Islamic Account
No Inactivity Fees
Funding Methods
3
6
4
3
6
No Funding Fees

Markets and Instruments

Feature
Pepperstone
City Index
FxPro
Plus500
ThinkMarkets
Currency Pairs
61+
84+
70+
60+
38+
Cryptocurrency CFDs
5+
5+
14+
5+
Index CFDs
14+
21+
24+
67+
21+
Share CFDs
60+
4500+
150+
1816+
1200+
Commodities CFD
15+
29+
10+
17+
10+
Stockbroking
Retail Max. Leverage
30:1
20:1
30:1
30:1
30:1
Professional Leverage
500:1
400:1
500:1
300:1
500:1

Trading Platforms + Tools

Feature
Pepperstone
City Index
FxPro
Plus500
ThinkMarkets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
MT4 only
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
Demo Account
Unique Feature 1
Commission rebates for active traders
Trade in 4,500 global markets
1,300,000 client accounts
Trade cannabis index and share CFDs
Guaranteed Negative Protection
Unique Feature 2
Award Winning Customer Support
Flexible leverage
Choice of CFD or Spreads Betting
Guaranteed stop loss trading option
Uptime record of 99.99%

Overall

Pepperstone
City Index
FxPro
Plus500
ThinkMarkets