Lowest Spread Forex Broker UK List

The December 2022 FCA regulated low spread forex brokers is.

  • Pepperstone Pepperstone - Lowest Spread Forex Broker in UK
  • AvaTrade AvaTrade - Lowest Fixed Spread Forex Broker
  • FXCM FXCM - Best Low Fee UK Spread Betting Account
  • city index logo City Index - Top Low Spread No Commission Forex Broker
  • fxpro logo FXPro - Great low spread 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
9.33
6.83
8.33
7.46
7.17
74% 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
77.20% 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
0.51
-
GBP/USD Avg. Raw Spread
0.59
-
0.4
0.66
-
AUD/USD Avg. Raw Spread
0.24
-
0.5
0.63
-
EUR/USD Standard Spread
0.75
0.80
0.90
1.24
0.73
EUR/USD Fixed Spreads
-
-
0.90
2.17
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
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

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

Overall

Pepperstone
City Index
AvaTrade
FxPro
CMC Markets
Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 9.33 FCA, ASIC
CySEC, DFSA
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 6.83 ASIC, MAS - - - 145ms $150 84+ 25+ 30:1 500:1
Visit Broker > 8.33 AISC, FSCA
IIROC, ADGM
0.3 0.4 0.5 160ms $100 55+ 15+ 30:1 400:1
Visit Broker > 7.46 FCA, FSCA
CySEC, SCB
0.51 0.66 0.63 110 $0 69+ 30+ 30:1 200:1
Visit Broker > 7.17 ASIC, MAS
FCA, IIROC
- - - 140 $0 338+ 19+ 30:1 500:1