Best Trading Platforms in the UK (United Kingdom) for 2023
We found 11 online brokers that are appropriate for Trading United Kingdom.
Best United Kingdom Brokers Guide
Analysis by Andrew Blumer, Updated September 27, 2023
United Kingdom Financial Markets
United Kingdom Brokers
This guide will help you find the best trading platform in the UK. The UK is also known as The United Kingdom. England and Great Britain particularly the capital London has been a world financial center for many centuries.
If you are in the market for a new stockbroker, there are a lot of things to consider. It's no secret that you need a high quality service when it comes to investing and trading your money. After all, you want to be sure that every investment you make is sound and solid, so that you can gain maximum profit and reduce the risk as much as possible. That's why choosing a quality UK broker is so important. Here's a look at how you can tell if a broker you're considering is up to the task of helping you take advantage of the great investing opportunities presented by the UK market.
One way to evaluate the quality of a UK trading brokerage firm is to look for one that offers free trials for at least 3 days. You want to be able to test the platform and software of the broker in real time before making any final decisions. This will give you the opportunity to see if you feel comfortable with the broker's tools and how easy it is for you to use the software. You want a high-quality uk broker that makes things as simple as possible for you and doesn't require you to do tons of research or set up multiple accounts before you can start investing.
By taking these points into consideration, you should be able to choose the best United Kingdom broker to meet your investment needs. It is a good idea to compare brokers over the phone, since this gives you the chance to talk face to face with the broker and see if you feel comfortable with them. Also, make sure to compare their fee structure and their overall investment philosophies before making a final decision. Most importantly, don't be afraid to ask questions.
United Kingdom Financial Sector
Restructuring and deregulation has transformed the financial sector during the last 3 decades with important changes in the London Stock Exchange, insurance, banking, shipping, and commodity markets.
The United Kingdom also known as the UK or Great Britain has a number of established reputable financial markets.
The main United Kingdom securities markets include the London Stock Exchange which deals in officially listed stocks and shares,government issues, traded options, stock index options, currency options, foreign exchange, futures, metals, gold, silver, agricultural and other commodities.
UK Brokers
The United Kingdom is ranked among one of the top five economies in the world and this attracts global investors to trade stocks, CFDs, Forex, commodities and cryptocurrency. We have written an extensive guide here that will help you find a reputable UK broker.
When Looking for a good and reliable broker in the United Kingdom its not easy. It can be very confusing. Here we explain what your trading options are in the UK and what UK brokers can and cant offer you.
Stock Trading
The United Kingdom historically has been a huge influence on stock markets all across the world. Dating as far back as 1571 the London Stock Exchange is one of the most important financial exchanges in the world. While in 1587 fifteen companies were trading their own stock on the London Stock Exchange, by 1695 there were already some 150 companies. The United Kingdom has been a financial powerhouse for over 450 years!
Trading stocks and shares in the UK and England is highly regulated and considered very safe. But be aware any investment can go down as well as up.
Live Forex Trading
Forex is the biggest liquid financial market in the world with a daily turnover of more than $5 trillion (BIS data April 2016). It is a currency exchange of two different nations and thereafter managing the result position in which one currency gains and the other loses.
Live CFD Trading
CFD or contract for difference is derivatives having a value determined by as asset traded. The formats of such assets include stocks, commodities and currencies.
Spread Betting
It is derivative market speculation and you are not required to own the asset. Just a bet is done whether the price will increase or decrease. Usually, the UK brokers will show the prices and you have to spread bet on it.
Demo Trading If you are a beginner, it is recommended to start with a demo trading that is funded with virtual money. It will simply improve your trading skills.
How To Start Trading Online In the UK
Learning how to start trading online through the use of a broker can be very beneficial to those who are interested in getting seriously into investing. There are many different types of stock brokers out there for people to choose from in the United Kingdom, and each of these brokers can offer very different services for those who are interested . It is important that potential traders learn about the different types of stock brokers out there so that they can decide which one will be best for them to use when they want to become stock traders.
One of the most popular types of stock brokers is a discount stock broker. These online brokers will allow individuals who are interested in becoming stock traders to be able to buy and sell shares of stock online with only the use of an Internet connection. All that an individual would have to do is log into the website of the online stock broker that they are considering using. Once they have completed the sign up process, they will usually give individuals a unique URL address where they can access the Internet from. Discount brokers generally provide many different services for their clients, including the ability to buy and sell shares of stock online, as well as free newsletter subscriptions.
An online stockbroker can also provide a number of different options for individuals who are interested in trading stocks, including a wide variety of different options such as putting and call options, as well as a variety of different automated trading platforms. Many times, these online brokers will provide advice on which the stock trades to make, but they will not be involved in the actual buying and selling of the securities.
What Is Online Stock Trading?
This question has been bugging traders and investors for years. Today, traders are able to trade stocks online through leading brokerage firms and banks with minimal fees and under minimum risk. However, many new and experienced investors are unaware of the rules and regulations associated with stock trading in the UK. Here are some important facts about online trading in the UK.
There are many different types of stock investments. They include long-term stock investments such as GICs (General Ledger Exchange), bonds, commercial real estate property, and other fixed assets. Spread betting is another popular type of investment that can be used by investors that are looking for a quick way to accumulate wealth. Here are some more facts about UK stock investments.
One of the many online UK trading apps available today help investors learn more about risk management and how to use trading apps to their benefit. In addition, new stocks can be added to any account by paying taxes that are owed.
Many online brokers provide their clients with a variety of analytical tools to help them analyze market data. If you're looking for an online stock trading app, consider one that offers daily data feeds so you can stay informed about current industry trends. Some investors are still hesitant to start trading UK equities because they are unsure if online trading will yield a profit. If you're open to using online stock trading platforms to grow your investment portfolio, you should consult with a financial professional. You should also familiarize yourself with the terminology, rules and regulations regarding UK equity markets so you know what you're getting into.
Why trade in the UK?
Internationally UK is considered as one of the worlds largest financial centers. In the United Kingdom brokers are highly regulated, professional and supportive. However, below are some of the important things a trader should know:
Financial markets in the United Kingdom are very mature and are seen are being trustworthy due to regulation and compliance by the The Financial Conduct Authority, UK Financial Services Authority, The Prudential Regulation Authority and Financial Services Compensation Fund.
The platforms used by brokers in the UK are well tested and are highly rated.
Trading Platforms in the United Kingdom Make sure the broker you decided to trade with has all of the below.
- Easy to use platform
- Availability of risk management tool
- Good or instant execution speed
- Better quality of charts
- Capability of social trading
- Timely online help or support
Challenges Of Trading In The UK
Even a little change in US economic markets may affect the UK markets as the UK and USA have huge trading partnerships and our economies are closely linked.
Similarly, the EU too impacts the UK markets significantly as it is a multi-nation trading block.
Since the Brexit negotiations in 2016, the effect on British market has not always been positive.
United Kingdom Brokers Verdict
Even though there are challenges in the UK markets, the overall financial scenario is very favorable for traders and UK brokers have a long history of being very supportive and fair when dealing with clients.
However, when trading with a UK broker we recommend checking that the broker is a LTD company and is FCA regulated, offering an industry-standard trading platform and any deposits are done through secured channels.
If you're interested in investing in shares or other financial instruments, it probably sounds complicated, but it doesn't have to be. Simply put, an online broker in the UK will allow you to invest in financial instruments like stocks and currencies from all over the globe.
As you can imagine, there are many advantages to using this type of broker. First, most allow you to take advantage of new investment opportunities. New companies whose stocks are undergoing growing or changes of ownership are easier to find online than by traditional means, since the market is much larger.
You will pay a fee to use an online stock broker, however. This is usually fairly minimal, as the savings realized on trades are passed on to you. Most firms offer some sort of discount, or fee reduction, for new clients, or clients switching from one brokerage firm to another. So if you don't mind paying a little extra, an online stock broker can be a good choice for maximizing your stock market profits.
Online brokers also have you do much of your own research. Instead of relying on a stock broker who may not know what they're doing, you do it all yourself. How is this so? Instead of contacting others about their investments, you check up on the latest developments yourself. Since you know so much more about the investments itself, you make more informed decisions and are thus more likely to make better ones.
We have conducted extensive research and analysis on over multiple data points on Best Trading Platforms in the UK (United Kingdom) to present you with a comprehensive guide that can help you find the most suitable Best Trading Platforms in the UK (United Kingdom). Below we shortlist what we think are the best united kingdom brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Best Trading Platforms in the UK (United Kingdom).
Trading in United Kingdom
When trading in United Kingdom you will need to know what your options with your United Kingdom trading broker are.
We list below the trading account types available in United Kingdom. If you are looking for brokers in United Kingdom that are suitable for trading in the Forex, CFD's, Indices and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this United Kingdom broker guide will explain the things you should check and be aware of before you invest.
Forex Trading in United Kingdom
Forex trading is growing in popularity in United Kingdom. The volume of Forex traded in United Kingdom has increased year on year over the last five years.
Across the world $5.1 trillion USD in volume is traded every single day. This is a huge amount in comparison with other financial market sectors.
Advances in online technology, higher internet coverage in United Kingdom and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.
Is Forex Trading Legal in United Kingdom?
Their is a misconception that trading Forex on the financial market in United Kingdom is considered unsafe. This is not the case, Forex trading in United Kingdom is very active.
Trading in Forex is allowed in United Kingdom as to conduct business currency must be exchanged. Forex is an integral part of import and export and investing internationally. The important thing is that when trading Forex you pick a safe and reputable broker that is regulated. United Kingdom Forex trading is not banned, their are many international online brokers offering favourable trading conditions.
Do Forex Traders Pay Tax in United Kingdom?
Once a traders profits reach a level where the income on the Forex trading can be taxed in United Kingdom the trader should make sure all taxes owed for a financial year are paid. United Kingdom taxes should be filed even if there were losses on the year. If Trading losses cannot be claimed against personal income taxes. A trader should file them with the proper government agency in United Kingdom. You should seek advice with a United Kingdom tax professional to ensure they are abiding by all proper tax laws in United Kingdom. In United Kingdom Islamic accounts do not have additional restrictions on trades.
Cryptocurrencies in United Kingdom
Cryptocurrency markets in United Kingdom are relatively new and their availability are subject to local financial regulation. Because Cryptocurrency works on decentralised assets in United Kingdom things like interest rate changes and political instability do not affect cryptocurrencies as much as the currency markets in United Kingdom for example.
Due to a large young population in United Kingdom with growing income levels and wide spread adaptation of online technology cryptocurrency trading volume is increasing greatly in United Kingdom. $6 billion USD worth of Bitcoin is traded daily around the world.
Commodity Trading in United Kingdom
In United Kingdom commodity trading includes the trade in precious metals, energies and agricultural commodities.
Some commodities like metals are seeing exponential growth in United Kingdom since 2002.
Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like United Kingdom are able to take advantage of this demand.
We list brokers that allow you to trade commodities in United Kingdom here.
Islamic Accounts in United Kingdom
United Kingdom brokers support Islamic accounts or swap-free accounts. United Kingdom Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in United Kingdom offer accounts that are suitable for Islamic traders. These United Kingdom brokers complies with Sharia law.
Benefits of Trading in United Kingdom
United Kingdom economy and population is growing. The middle class population in United Kingdom is increasing which means a growing consumer base. Many business and financial opportunities exist in United Kingdom. United Kingdom has a young population educated in technology and the internet.
Concerns of Trading in United Kingdom
United Kingdom digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this United Kingdom guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.
Learn about leverage when trading. United Kingdom Brokers offering high leverage trades in United Kingdom can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some United Kingdom brokers offer as a level of protection. you can learn more about further below on this guide.
Reputable United Kingdom Brokers Checklist
Selecting a reliable and reputable online United Kingdom trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade United Kingdom more confidently.
Selecting the right online United Kingdom trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen United Kingdom broker has a solid track record of at least two years in the industry.
- Verify that the United Kingdom broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the United Kingdom broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the United Kingdom broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for United Kingdom brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the United Kingdom broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.
When deciding to trade and find a suitable United Kingdom broker if you wish your broker to be 100% local check they are governed and regulated by the below.
- UK Financial Services Authority (FSA UK)
- The Financial Conduct Authority (FCA)
- The Prudential Regulation Authority (PRA)
- Financial Services Compensation Fund (FSCS)
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of United Kingdom Brokers in Our Brokerage Comparison Table
When choosing a broker for united kingdom trading, it's essential to compare the different options available to you. Our united kingdom brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each united kingdom broker.
- The funding methods available for united kingdom with each broker.
- The types of instruments you can trade with each united kingdom broker, such as forex, stocks, commodities, and indices.
- The trading platforms each united kingdom broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each united kingdom broker affects the cost of trading.
- The level of customer support each united kingdom broker offers, including their availability, responsiveness, and quality of service.
- Whether each united kingdom broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a united kingdom broker that best suits your needs and preferences for united kingdom. Our united kingdom broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 United Kingdom Brokers of 2023 compared
Here are the top United Kingdom Brokers (GB).
Compare united kingdom brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a united kingdom broker, it's crucial to compare several factors to choose the right one for your united kingdom needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are united kingdom brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more united kingdom brokers that accept united kingdom clients.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
Trading212
|
FP Markets
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rating | |||||||||||
| locality | IC Markets accept United Kingdom clients | Roboforex accept United Kingdom clients | eToro accept United Kingdom clients | XM accept United Kingdom clients | XTB accept United Kingdom clients | AvaTrade accept United Kingdom clients | Pepperstone accept United Kingdom clients | NordFX accept United Kingdom clients | Trading 212 accept United Kingdom clients | FP Markets accept United Kingdom clients | easyMarkets accept United Kingdom clients |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), 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), License No: 209/13, VFSC registration number 15008 | Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) |
| Min Deposit | 200 | 10 | 50 | 5 | No minimum deposit | 100 | 200 | 1 | 1 | 100 | 100 |
| Funding |
|
|
|
|
|
|
|
|
|
|
|
| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 3,500,000+ | 581,000+ | 300,000+ | 400,000+ | 10,000+ | 15,000,000+ | 10,000+ | 142,500+ |
| Benefits |
|
|
|
|
|
|
|
|
|
|
|
| Accounts |
|
|
|
|
|
|
|
|
|
|
|
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
| Support |
|
|
|
|
|
|
|
|
|
|
|
| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xm |
Sign
Up with xtb |
Sign
Up with avatrade |
Sign
Up with pepperstone |
Sign
Up with nordfx |
Sign
Up with trading212 |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% 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. | 81% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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 | Your capital is at risk |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XM Demo |
XTB Demo |
AvaTrade Demo |
Pepperstone Demo |
NordFX Demo |
Trading 212 Demo |
FP Markets Demo |
easyMarkets Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, 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, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, | US, CA, IL, KR, IR, MM, CU, SD, SY | US, IN, PK, BD, NG , ID, BE, AU | BE, BR, KP, NZ, TR, US, CA, SG | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | US, CA, EU, RU, SY, KP, CU | US, CA | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE |
All United kingdom brokers in more detail
You can compare United Kingdom Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top United Kingdom Brokers for 2023 article further below. You can see it now by clicking here
We have listed top United kingdom brokers below.
United Kingdom Brokers Table of Contents
- Financial Markets in United Kingdom
- Online Trading in United Kingdom
- Forex Trading in United Kingdom
- Is Forex Trading Legal in United Kingdom
- Do Forex Traders Pay Tax in United Kingdom
- Cryptocurrencies in United Kingdom
- Commodity Trading in United Kingdom
- Islamic Accounts in United Kingdom
- Benefits of Trading in United Kingdom
- Concerns of Trading in United Kingdom
- United Kingdom Brokers Explained
- 6 Factors to Consider when Choosing United Kingdom Brokers
- Are Your United Kingdom Brokers Trusted And Established?
- Are The United Kingdom Brokers World Leading?
- What are the United Kingdom Brokers Commissions and Fees?
- What are the United Kingdom Brokers Funding and Withdrawl Methods?
- Find United Kingdom Brokers with Round-the-clock support?
- Make sure the United Kingdom Brokers Offer Comprehensive Trader resources?
- Why United Kingdom Brokers needs to be regulated?
- United Kingdom Brokers FAQ
- What are the best United kingdom brokers?
- What is the best United kingdom broker?
- Is Forex Trading Legal in United Kingdom?
- Do Forex Traders Pay Tax in United Kingdom?
- How do you trade Forex or CFDs in United Kingdom?
- Related United Kingdom Brokers Reviews
- Related United Kingdom Brokers Alternatives
- Related United Kingdom Brokers Comparisons
United Kingdom Brokers Explained
Trading volatile financial markets with United Kingdom Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by United Kingdom Brokers to ensure a successful trading experience.
Selecting United Kingdom Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile United Kingdom markets effectively.
Reliability is key to gaining access to financial markets. Look for United Kingdom Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with United Kingdom Brokers confidently.
6 Factors to Consider when Choosing United Kingdom Brokers
Follow these five rules for selecting United Kingdom Brokers that are right for you:
Are Your United Kingdom Brokers Trusted And Established?
Search for a reputable United Kingdom Brokers with a extensive proven track record for United Kingdom, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated United Kingdom broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2007 | 2009 | 2002 | 2006 | 2010 | 2008 |
| Head Office | Australia | Belize | Cyprus, UK | Cyprus | Poland | Ireland | Australia | Mauritius |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), 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), License No: 209/13, VFSC registration number 15008 |
| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 3,500,000+ | 581,000+ | 300,000+ | 400,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XM | Visit XTB | Visit AvaTrade | Visit Pepperstone | Visit NordFX |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% 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. | 81% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits |
Are The United Kingdom Brokers World Leading?
Opt for United Kingdom Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for United Kingdom Brokers is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 100 | 5000 | 1000 | 5600 | 1250 | 1200 | 50 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, 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, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | BE, BR, KP, NZ, TR, US, CA, SG | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | US, CA, EU, RU, SY, KP, CU |
| Forex pairs offered | 61 | 35 | 50 | 55 | 57 | 55 | 70 | |
| Forex pairs offered | 61 | 35 | 50 | 55 | 57 | 55 | 70 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | No | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 31 | 15 | 21 | 17 | 16 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | No |
| Agricultural | Yes | No | Yes | No | Yes | Yes | Yes | No |
| Stocks Offered | 2100 | 0 | 2042 | 160 | 1696 | 1000 | 1100 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
What are the United Kingdom Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated United Kingdom broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated United Kingdom broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 50 | 5 | 0 | 100 | 200 | 1 |
| Withdrawl Fees | No | Yes | Yes | No | varies | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | Yes | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | No | Yes | No | Yes | No | Yes | Yes |
What are the United Kingdom Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with United Kingdom Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with United Kingdom Brokers.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Paypal | Yes | No | Yes | No | Yes | Yes | Yes | No |
| Skrill | Yes | No | Yes | No | Yes | No | Yes | No |
| Payoneer | No | Yes | No | No | Yes | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find United Kingdom Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with United Kingdom Brokers.
United Kingdom Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by United Kingdom Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XM | Visit XTB | Visit AvaTrade | Visit Pepperstone | Visit NordFX |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% 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. | 81% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits |
Make sure the United Kingdom Brokers Offer Comprehensive Trader resources?
It's important to ensure your United Kingdom Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with United Kingdom Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with United Kingdom Brokers.
Why United Kingdom Brokers needs to be regulated?
Regulated United Kingdom Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated United Kingdom Brokers.
Consumers are protected by United Kingdom Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of United Kingdom Brokers is necessary to prevent fraud. The United Kingdom Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with United Kingdom Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
United Kingdom Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Zero account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account