Lowest Spread Forex Broker UK List

Based on Sept 2021 average spreads the best UK low spreads forex brokers are.

  • Pepperstone Pepperstone - Lowest Spread Forex Broker in UK
  • AvaTrade Logo AvaTrade - Lowest Fixed Spread Forex Broker
  • FXCM Axi - Low Fee Spread Betting Account
  • City Index UK City Index - Low Spread No Commission Forex Broker
  • FxPro UK FXPro - Best cTrader Forex Broker
  • CMC Markets CMC Markets - Great Low Spread Betting Account
  • oanda logo OANDA - Low Spreads And Low Deposit Forex Broker
  • axitrader logo Axi - Good MT4 Forex Broker Spreads

Pepperstone
City Index
AvaTrade
FxPro
CMC Markets
Our Rating
9.17
6.83
8.33
5.46
7.17
78.2% of retail CFD accounts lose money
73% of retail CFD accounts lose money
79% of retail investor accounts lose money when trading CFDs with this provider
76.14% of retail CFD accounts lose money
78% of retail investor accounts lose money when
spread betting and/or trading CFDs with this provider

Regulations and Licenses

Feature
Pepperstone
City Index
AvaTrade
FxPro
CMC Markets
FCA (UK)
Central Bank of Ireland

Brokerage

Feature
Pepperstone
City Index
AvaTrade
FxPro
CMC Markets
EUR/USD Avg. Raw Spread
0.79
0.8
1.71
GBP/USD Avg. Raw Spread
1.49
1.8
2.4
AUD/USD Avg. Raw Spread
0.87
0.9
3.4
EUR/USD Standard Spread
0.69
0.8
1.30 Retail
0.90 Professional
1.58
0.7
EUR/USD Fixed Spreads
0.9
1.71
Commissions (USD Base)
GBP £2.29 Side-Trip (MetaTrader)
USD$0.45 (cTrader)
Commission Rebates
Minimum Deposit
GBP £200
USD $100
USD $100
$0
Swap Free Account
No Inactivity Fees
Funding Methods
3
6
7
4
6
No Funding Fees

Markets and Instruments

Feature
Pepperstone
City Index
AvaTrade
FxPro
CMC Markets
Currency Pairs
61+
84+
55+
70+
339+
Cryptocurrency CFDs
12
5+
15+
12+
Index CFDs
14+
21+
33+
24+
46+
Share CFDs
300+
4500+
625+
150+
9000+
Commodities CFD
15+
29+
30+
10+
111+
Stockbroking
9000+
Retail Max. Leverage
30:1
20:1
30:1 (UK/Europe/Australia)
400:1 (South Africa)
30:1
30:1 (Europe/Australia)
20:1 (Singapore)
500:1(Other)
Professional Leverage
500:1
400:1
400:1
500:1
500:1

Trading Platforms + Tools

Feature
Pepperstone
City Index
AvaTrade
FxPro
CMC Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
MT4 only
MetaTrader 4 only
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
(Aust/Europe only)
available only where European or ASIC regulation applies
Only in ESMA regulated territories
Demo Account
Unique Feature 1
Commission rebates for active traders
Trade in 4,500 global markets
Choice of social trading tools
1,300,000 client accounts
Offers both CFD and Stock trading
Unique Feature 2
Award Winning Customer Support
Flexible leverage
Fixed Spreads
Choice of CFD or Spreads Betting
Trade Treasury notes

Overall