UK Forex Brokers – Only FCA regulated UK forex brokers were considered with the needs of different UK forex traders considered from beginners to those who require sophisticated forex trading tools. The UK is a financial global hub, currently the globes 5th largest economy and the leading exporter of financial services to the rest of the world. That’s due to a combination of reasons, including its central location, its convenient time-zone and it’s relatively loose regulation, plus generous tax laws.
The Financial Conduct Authority is the conduct regulator for nearly 60,000 financial services firms and financial markets in the UK and the prudential supervisor for 49,000 firms, setting specific standards for 19,000 firms. FCA (Financial Conduct Authority) regulated forex brokers were considered with Best UK Forex Brokers.
- protect consumers – FCA secure an appropriate degree of protection for consumers
- protect financial markets – FCA protect and enhance the integrity of the UK financial system
- promote competition – FCA promote effective competition in the interests of consumers
Top 10 UK Forex Brokers
- Pepperstone – Best FCA regulated forex broker
- Markets.com – Best forex trading platforms and tools
- IG– Most popular UK forex trading broker
- FXCM– Best range of currency pairs and CFDs
- City Index– Best forex broker uk for beginners
- Plus500– Top mobile and web platform
- CMC Markets– Best spread betting platform
- eToro– Good copy trading platform
- XTB– Top demo account for UK forex traders
- FxPro– Top MetaTrader 4 UK Forex Broker
Best UK Forex Brokers
| Brokers | Details | Action |
|---|---|---|
Pepperstone | Min. Deposit: 200 US$ Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4, MT5, cTrader Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN | Get Started Full Review |
Markets.com | Min. Deposit: 100 US$ Max. Leverage: 1:30 | 1:200 Trading Platforms: MT4, MT5, cTrader, FxPro Edge Regulation: FCA, CySEC, SCB, FSCA | Get Started Full Review |
IG Markets | Min. Deposit: GBP 250 Max. Leverage: 1:30 Trading Platforms: MT4, IG Proprietary Regulation: FCA, ASIC, CFTC, FINMA, MAS, JFSA, DIFC | Get Started Full Review |
FXCM | Min. Deposit: 50 US$ | 300 GBP Max. Leverage: 1:200 | 1:30 Trading Platforms: MT4, Trading Station, ZuluTrade, Ninja Trader Regulation: ASIC, FCA, FSCA | Get Started Full Review |
City Index | Min. Deposit: 100 GBP Max. Leverage: 1:30 Trading Platforms: Advantage Web, AT Pro, MT4 Regulation: FCA | Get Started Full Review |
Plus500 | Min. Deposit: 100 US$ Max. Leverage: 1:30 – EU/UK/ 1:300 – AU Trading Platforms: Plus500 Platform Regulation: FCA, CySEC, ASIC, MAS | Get Started Full Review |
CMC Markets | Min. Deposit: 0 GBP Max. Leverage: 1:30 Trading Platforms: CMC Web, CMC Mobile, MT4 Regulation: FCA, ASIC, FMA, IIROC, MAS | Get Started Full Review |
eToro | Min. Deposit: US$200 Max. Leverage: 1:30 Trading Platforms: eToro Platform Regulation: CySEC,FCA, ASIC | Get Started Full Review |
XTB | Min. Deposit: 250 US$ Max. Leverage: 1:30 Trading Platforms: MT4, xStation 5 Regulation: FCA, KNF, IFSC | Get Started Full Review |
FxPro | Min. Deposit: 100 US$ Max. Leverage: 1:30 | 1:200 Trading Platforms: MT4, MT5, cTrader, FxPro Edge Regulation: FCA, CySEC, SCB, FSCA | Get Started Full Review |
Axiory | Min. Deposit: 50 US$ Max. Leverage: 1:777 Trading Platforms: MT4, cTrader Regulation: IFSC | Get Started Full Review |
BlackBull Markets | Min. Deposit: 200 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: FMA, FSA | Get Started Full Review |
Alpari | Min. Deposit: 20 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: SVG FSC, IFSC | Get Started Full Review |
Orbex | Min. Deposit: 200 US$ Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4 Regulation: CySEC, MFSC | Get Started Full Review |
HYCM | Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: FCA, CySEC, DFSA, CIMA, FSC | Get Started Full Review |