Top FCA Regulated Forex Brokers

Our list of the best forex brokers regulated by the FCA are the following.

  • Pepperstone Pepperstone - Best Overall FCA Regulated Broker
  • ThinkMarkets ThinkMarkets - Top MetaTrader 4 (MT4) Provider
  • XTB XTB - Offers Good CFD Product Range
  • FXCM FXCM - Best Spread Betting Broker
  • eToro eToro - CFD Platform Good For Social Trading
  • FxPro UK FxPro - Top cTrader Trading Platform Provider

Pepperstone
ThinkMarkets
XTB
eToro
FxPro
Our Rating
9.17
7.67
7.42
7.17
5.46
78.2% of retail CFD accounts lose money
75.5% of retail investor accounts lose money when trading CFDs
80% 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.
76.14% of retail CFD accounts lose money

Regulations and Licenses

Feature
Pepperstone
ThinkMarkets
XTB
eToro
FxPro
FCA (UK)

Brokerage

Feature
Pepperstone
ThinkMarkets
XTB
eToro
FxPro
EUR/USD Avg. Raw Spread
0.79
0.1
0.3
1.71
GBP/USD Avg. Raw Spread
1.49
0.6
2.4
AUD/USD Avg. Raw Spread
0.87
0.5
3.4
EUR/USD Standard Spread
0.69
1.2
0.7
1.58
EUR/USD Fixed Spreads
1.71
Commissions (USD Base)
GBP £2.29 Side-Trip (MetaTrader)
£2.50 per side
GBP £3.00
USD$0.45 (cTrader)
Commission Rebates
Minimum Deposit
GBP £200
£0
£250, €250, $250
USD $200
USD $100
Swap Free Account
No Inactivity Fees
Funding Methods
3
6
5
6
4
No Funding Fees

Markets and Instruments

Feature
Pepperstone
ThinkMarkets
XTB
eToro
FxPro
Currency Pairs
61+
38+
48+
47+
70+
Cryptocurrency CFDs
12
5+
9+ (16 cross pairs)
98+
Index CFDs
14+
21+
42+
13+
24+
Share CFDs
300+
1200+
1750+
2000+
150+
Commodities CFD
15+
10+
22+
12+
10+
Stockbroking
N/A
2000+
Retail Max. Leverage
30:1
30:1
30:1
30:1
30:1
Professional Leverage
500:1
500:1
200:1
400:1
500:1

Trading Platforms + Tools

Feature
Pepperstone
ThinkMarkets
XTB
eToro
FxPro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
(MT4 only)
Social + Copy Trading

Allowed but not supported
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
(Aust/Europe only)
(Aust/Europe only)

Europe Only
Demo Account
Unique Feature 1
Commission rebates for active traders
Guaranteed Negative Protection
xStation 5 trading platform
CopyTrader functionality for automated trading
1,300,000 client accounts
Unique Feature 2
Award Winning Customer Support
Uptime record of 99.99%
Award winning CFD provider
Social trading interface across CFDs
Choice of CFD or Spreads Betting

Overall