We found 11 online brokers that are appropriate for Trading Forex Broker Comparison.
We take a look at some of the best Forex brokers from around the world including the best Forex brokers in the United Kingdom. All of our top Forex brokers are regulated under the Financial Conduct Authority (FCA) and covered under the FSCS to protect customers in events, like insolvency issues.
Please be aware when trading CFDs that loses can exceed deposits and 65% - 90% of retails investors lose money when trading CFDs.
IC Markets is very popular amongst Forex traders all over the world. IC Markets offers some of the most competitive spreads available and a renowned for their low trading fees.
IC Markets offers Forex trading on cTrader and MT4 and are highly regulated by financial regulators including ASIC and CySEC.
eToro is basically best known for being one of the best social trading brokers in the world. eToro offers trading in a wide range of financial instruments including commission free stocks, Forex currency pairs, commodities and cryptocurrencies.
eToro's copy trading feature is one of the most popular in the industry. One can copy the trades of experienced traders with this feature to increase the probability of making a profit.
Pepperstone is widely known for offering the lowest spread to clients. They are pretty straightforward with respect to trading costs. Also, traders mostly prefer its Razor account. It has low slippage due to fast execution speeds and is equipped with price improvement technology. The commission charged is low and starts from GBP4.59 round-turn 100k. For active traders, it is further lowered.
Plus500 is one of the best Forex brokers in the UK for beginners and novice traders. It offers trading through a web-based platform and mobile app. It comes with advanced risk-management tools too.
IG Group is one of the oldest brokers in the world and was founded in 1974. With respect to spread betting and CFD, it is one of the largest Forex brokers. It offers stockbroking, institutional financial services, investment, and other services to customers across Europe, the USA, the Middle East, Africa, Australia and South-East Asia.
In the United Kingdom, IG Group is regulated by the Financial Conduct Authority (FCA). In Australia and Cyprus, the broker operates under the regulation of ASIC and CYSEC respectively. In South Africa, the FSB regulates the broker to protect investors. It is to be noted that IG Group is not regulated by the Hong Kong Securities and Futures Commission (SFC).
IG Group is best suited for retail CFD accounts for the Forex to avoid foreign exchange scams.
In this article, we have briefly identified and compared some of the more notable brokers in the United Kingdom.
Through our research, we found that eToro, IC Markets, XTB, Pepperstone, IG Group and Plus500 are some of the most sought-after Forex brokers by experienced and new traders. However, notable Forex brokers in the UK are not limited to the few we have discussed. Our opinions of good Forex brokers might also differ from others. However, this list may be a good guide for novice traders who are just starting to explore the Forex market.
Before concluding, it is important to note that the Forex market is highly liquid and carries a lot of risks. The prices of currency pairs are not in the control of one country or zone. This is the reason why new traders should not start investing in the Forex without gaining enough knowledge about the market.
We've collected thousands of datapoints and written a guide to help you find the best Forex Broker for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Forex Broker Comparison below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online Forex Broker Comparison trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Forex Broker Comparison.
Compare Forex Broker Comparison min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Forex Broker Comparison. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Forex Broker Comparison that accept Forex Broker Comparison clients
Broker |
eToro
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IC Markets
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XTB
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FP Markets
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Trading212
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Plus500
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Pepperstone
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EasyMarkets
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XM
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FXPrimus
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SpreadEx
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Rating | |||||||||||
Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 200 | No minimum deposit | 100 | 1 | 100 | 200 | 100 | 5 | 100 | 1 |
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Used By | 17,000,000+ | 60,000+ | 250,000+ | 10,000+ | 14,000,000+ | 15,500+ | 10,000+ | 142,500+ | 70,000+ | 10,000+ | 10,000+ |
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Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with xtb |
Sign
Up with fpmarkets |
Sign
Up with trading212 |
Sign
Up with plus500 |
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Up with pepperstone |
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Up with easymarkets |
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Up with xm |
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Up with fxprimus |
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Up with spreadex |
Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
FP Markets Demo |
Trading 212 Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
FXPrimus Demo |
SpreadEx Demo |
Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | US, JP, NZ | US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, TR |
You can compare Forex Broker Comparison ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
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We have listed top Forex Broker Comparison below.