Top 8 UK Lowest Spread Forex Brokers

The July 2022 low spread forex broker FCA regulated list is.

  • Pepperstone Pepperstone - Lowest Spread Forex Broker in UK
  • avatrade logo new AvaTrade - Lowest Fixed Spread Forex Broker
  • FXCM FXCM - Best Low Fee UK Spread Betting Account
  • city index logo new City Index - Top Low Spread No Commission Forex Broker
  • fxpro logo new FXPro - Great low spread cTrader Forex Broker
  • cmc markets logo 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
9.33
6.83
8.33
7.46
7.17
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
73% of retail CFD accounts lose money
71% 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
73% 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)
CBI (Ireland)

Brokerage

Feature
Pepperstone
City Index
AvaTrade
FxPro
CMC Markets
EUR/USD Avg. Raw Spread
0.17
-
0.3
0.34
-
GBP/USD Avg. Raw Spread
0.59
-
0.4
0.43
-
AUD/USD Avg. Raw Spread
0.24
-
0.5
0.81
-
EUR/USD Standard Spread
0.75
0.80
0.90
1.52
-
EUR/USD Fixed Spreads
-
-
0.90
1.79
-
Commissions (USD Base)
$3.50
-
-
$4.50
-
Minimum Deposit
$0
$150
$100
$0
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16+
6+
7+
4+
6+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
City Index
AvaTrade
FxPro
CMC Markets
Currency Pairs
62+
84+
55+
69+
338+
Cryptocurrency CFDs*
12+
25+
15+
30+
19+
Index CFDs
14+
21+
33+
24+
46+
Share CFDs
300+
4500+
625+
150+
9,000+
Commodities CFD
9+
46+
30+
21+
124+
Stockbroking
-
-
-
9,000+
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
400:1
400:1
200:1
500:1

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

Trading Platforms + Tools

Feature
Pepperstone
City Index
AvaTrade
FxPro
CMC Markets
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
Trade in 4,500 markets
Choice of social trading tools
1,300,000 client accounts
Offers both CFD and Stock trading

Overall

Pepperstone
City Index
AvaTrade
FxPro
CMC Markets