Best UK Low Spead Forex Brokers

Based on July 2021 average spreads the best low spread forex brokers UK list is.

  • Pepperstone Pepperstone - Lowest Spread Forex Broker in UK
  • Axi - Best MT4 Broker Spread
  • City Index UK City Index - Low Spread No Commission Forex Broker
  • FxPro UK FXPro - Best Fixed Spread Forex Broker
  • oanda logo OANDA - Low Spreads And Low Deposit Forex Broker
  • CMC Markets CMC Markets - Lowest Spread Betting Account

Pepperstone
AxiTrader
City Index
FxPro
CMC Markets
Our Rating
9.17
4.83
6.83
5.46
7.17
78.6% of retail CFD accounts lose money
77% of retail investor accounts lose money when trading CFDs with this provider
73% of retail CFD accounts lose money
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
AxiTrader
City Index
FxPro
CMC Markets
FCA (UK)

Brokerage

Feature
Pepperstone
AxiTrader
City Index
FxPro
CMC Markets
EUR/USD Avg. Raw Spread
0.09
0.44
0.37
GBP/USD Avg. Raw Spread
0.38
0.85
1.02
AUD/USD Avg. Raw Spread
0.17
0.42
0.87
EUR/USD Standard Spread
0.69
1.2
0.8
1.58
0.7
EUR/USD Fixed Spreads
N/A
1.71
Commissions (USD Base)
GBP £2.29 Side-Trip (MetaTrader)
USD$3.50
USD$0.45 (cTrader)
Commission Rebates
Minimum Deposit
GBP £200
$0
USD $100
$0
Swap Free Account
No Inactivity Fees
Funding Methods
3
12
6
4
6
No Funding Fees

Markets and Instruments

Feature
Pepperstone
AxiTrader
City Index
FxPro
CMC Markets
Currency Pairs
61+
80+
84+
70+
339+
Cryptocurrency CFDs
12
6+
5+
12+
Index CFDs
14+
31+
21+
24+
46+
Share CFDs
300+
4500+
150+
9000+
Commodities CFD
15+
28+
29+
10+
111+
Stockbroking
9000+
Retail Max. Leverage
30:1
30:1 (FCA/ASIC)
50:1 (DFSA)
20:1
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
AxiTrader
City Index
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
ESMA regulated territories only
Only in ESMA regulated territories
Demo Account
Unique Feature 1
Commission rebates for active traders
MetaTrader 4 specialist
Trade in 4,500 global markets
1,300,000 client accounts
Offers both CFD and Stock trading
Unique Feature 2
Award Winning Customer Support
Award-winning customer service
Flexible leverage
Choice of CFD or Spreads Betting
Trade Treasury notes

Overall