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
  • think markets logo ThinkMarkets - Top MetaTrader 4 (MT4) Provider
  • xtb logo XTB - Offers Good CFD Product Range
  • fxcm logo FXCM - Best Spread Betting Broker
  • etoro logo eToro - CFD Platform Good For Social Trading
  • fxpro logo FxPro - Top cTrader Trading Platform Provider

Pepperstone
ThinkMarkets
FXCM
eToro
FxPro
Our Rating
9.33
7.67
7.93
7.17
7.46
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
75.5% of retail investor accounts lose money when trading CFDs with this provider
66% of retail investor accounts lose money when trading 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
ThinkMarkets
FXCM
eToro
FxPro
FCA (UK)

Brokerage

Feature
Pepperstone
ThinkMarkets
FXCM
eToro
FxPro
EUR/USD Avg. Raw Spread
0.17
0.1
0.22
-
0.34
GBP/USD Avg. Raw Spread
0.59
-
0.80
-
0.43
AUD/USD Avg. Raw Spread
0.24
-
0.40
-
0.81
EUR/USD Standard Spread
0.75
-
-
3.00
1.52
EUR/USD Fixed Spreads
-
-
-
-
1.79
Commissions (USD Base)
$3.50
$3.50
$3.00
-
$4.50
Minimum Deposit
$0
$0
$300
$200
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16+
6+
8+
11+
4+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
ThinkMarkets
FXCM
eToro
FxPro
Currency Pairs
62+
46+
42+
49+
69+
Cryptocurrency CFDs*
12+
21+
7+
46+
30+
Index CFDs
14+
21+
13+
13+
24+
Share CFDs
300+
1200+
15+
2000+
150+
Commodities CFD
9+
15+
12+
33+
21+
Stockbroking
-
-
-
2000+
-
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
500:1
400:1
200:1

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

Trading Platforms + Tools

Feature
Pepperstone
ThinkMarkets
FXCM
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
STP Order Execution
Large range of trading platforms
CopyTrader functionality
for automated trading
1,300,000 client accounts

Overall