Best Trading Platforms in the UK (United Kingdom) for 2022
We found 11 online brokers that are appropriate for Trading United Kingdom.
Best United Kingdom Brokers Guide
Updated May 20, 2022
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've collected thousands of datapoints and written a guide to help you find the best Best Trading Platforms in the UK (United Kingdom) for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best united kingdom brokers below.
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
There are a number of important factors to consider when picking an online United Kingdom trading brokerage.
- Check your United Kingdom broker has a history of at least 2 years.
- Check your United Kingdom broker has a reasonable sized customer support of at least 15.
- Does the United Kingdom broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your United Kingdom broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your United Kingdom broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your United Kingdom can hire people from various locations in the world who can better communicate 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.
Our brokerage comparison table below allows you to compare the below features for brokers offering United Kingdom Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below United Kingdom Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 United Kingdom Brokers of 2022 compared
Here are the top United Kingdom Brokers (GB).
Compare United Kingdom Brokers min deposits, regulation, headquarters, benefits, funding methods and fees 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 |
eToro
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IC Markets
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XTB
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AvaTrade
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Roboforex
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Pepperstone
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XM
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FP Markets
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Trading212
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Plus500
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NordFX
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| locality | eToro accept United Kingdom clients | IC Markets accept United Kingdom clients | XTB accept United Kingdom clients | AvaTrade accept United Kingdom clients | Roboforex accept United Kingdom clients | Pepperstone accept United Kingdom clients | XM accept United Kingdom clients | FP Markets accept United Kingdom clients | Trading 212 accept United Kingdom clients | Plus500 accept United Kingdom clients | NordFX accept United Kingdom clients |
| 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Central Bank of Ireland, 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) | Cyprus Securities and Exchange Commission (CySEC) | 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 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 |
| Min Deposit | 10 | 200 | No minimum deposit | 100 | 1 | 200 | 5 | 100 | 1 | 100 | 1 |
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| Used By | 27,000,000+ | 180,000+ | 250,000+ | 300,000+ | 10,000+ | 89,000+ | 3,500,000+ | 10,000+ | 15,000,000+ | 15,500+ | 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 | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, 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, Tablet & Mobile apps |
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| Learn More |
Sign
Up with etoro |
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Up with icmarkets |
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Up with xtb |
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Up with avatrade |
Sign
Up with roboforex |
Sign
Up with pepperstone |
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Up with xm |
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Up with fpmarkets |
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Up with trading212 |
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Up with plus500 |
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Up with nordfx |
| Risk Warning | 68% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 74-89 % of retail investor accounts lose money when trading CFDs | Your capital is at risk | 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. | 73% 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. | Losses can exceed deposits |
| Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
AvaTrade Demo |
Roboforex Demo |
Pepperstone Demo |
XM Demo |
FP Markets Demo |
Trading 212 Demo |
Plus500 Demo |
NordFX Demo |
| Excluded Countries | 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, BB, BM, BS, AG, AI, AW, LB, SV, 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, AU | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | 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, YE, ZW | US, CA, IL, KR, IR, MM, CU, SD, SY | US, JP, NZ | US, CA | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | No |
eToro Risk Disclosure
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. 67% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
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.
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 2022 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 the financial markets with United Kingdom Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for United Kingdom Brokers is the platform that a United Kingdom Brokers offer.
Choose United Kingdom Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need United Kingdom Brokers that you can rely on.
6 Factors to Consider when Choosing United Kingdom Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your United Kingdom Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated United Kingdom broker is eToro. Established in 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 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 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
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IC Markets
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XTB
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AvaTrade
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Roboforex
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Pepperstone
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XM
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FP Markets
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| Year Established | 2007 | 2007 | 2002 | 2006 | 2009 | 2010 | 2009 | 2005 |
| Head Office | Cyprus, UK | Australia | Poland | Ireland | Cyprus | Australia | Cyprus | Australia |
| 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Central Bank of Ireland, 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) | Cyprus Securities and Exchange Commission (CySEC) | 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 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) |
| Used By | 27,000,000+ | 180,000+ | 250,000+ | 300,000+ | 10,000+ | 89,000+ | 3,500,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | No | No | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | No |
| Learn More | Visit eToro | Visit IC Markets | Visit XTB | Visit AvaTrade | Visit Roboforex | Visit Pepperstone | Visit XM | Visit FP Markets |
| Risk Warning | 68% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 74-89 % of retail investor accounts lose money when trading CFDs | Your capital is at risk | Losses can exceed deposits |
Are The United Kingdom Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the eToro platform enables access to a variety of financial markets worldwide. eToro 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 IC Markets. IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
|
IC Markets
|
XTB
|
AvaTrade
|
Roboforex
|
Pepperstone
|
XM
|
FP Markets
|
| Instruments Available | 2000 | 232 | 4000 | 1250 | 100 | 1200 | 1000 | 100 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | ZA, 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, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, | US | 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 | US, JP | 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, YE, ZW | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | US, JP, NZ |
| Forex pairs offered | 50 | 65 | 57 | 55 | 35 | 70 | 80 | 60 |
| Forex pairs offered | 50 | 65 | 57 | 55 | 35 | 70 | 80 | 60 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | No | Yes | No | Yes |
| Commodities Offered | 31 | 19 | 21 | 17 | 21 | 16 | 15 | 18 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | No | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | No | Yes | No | Yes |
| Stocks Offered | 2042 | 110 | 1696 | 1000 | 0 | 1100 | 160 | 10000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
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 eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 10.
Another top rated United Kingdom broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
|
IC Markets
|
XTB
|
AvaTrade
|
Roboforex
|
Pepperstone
|
XM
|
FP Markets
|
| Min Deposit | 10 | 200 | 0 | 100 | 1 | 200 | 5 | 100 |
| Withdrawl Fees | Yes | No | varies | No | Yes | No | No | No |
| Inactivity Fees | Yes | No | Yes | No | No | No | Yes | No |
| Deposit Fees | No | Varies | No | No | No | No | No | Yes |
| CFD Commission Fees | Yes | Yes | Yes | No | No | Yes | No | Yes |
What are the United Kingdom Brokers Funding and Withdrawal Methods?
When dealing with United Kingdom Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
IC Markets
|
XTB
|
AvaTrade
|
Roboforex
|
Pepperstone
|
XM
|
FP Markets
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | No | Yes | No | Yes |
| Skrill | Yes | Yes | Yes | No | No | Yes | No | Yes |
| Payoneer | No | No | Yes | Yes | Yes | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find United Kingdom Brokers with Round-the-clock support?
Customer service is very important when dealing with United Kingdom Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
United Kingdom Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
|
IC Markets
|
XTB
|
AvaTrade
|
Roboforex
|
Pepperstone
|
XM
|
FP Markets
|
| Support |
|
|
|
|
|
|
|
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| Languages | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | 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, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese |
| Learn More | Visit eToro | Visit IC Markets | Visit XTB | Visit AvaTrade | Visit Roboforex | Visit Pepperstone | Visit XM | Visit FP Markets |
| Risk Warning | 68% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 74-89 % of retail investor accounts lose money when trading CFDs | Your capital is at risk | Losses can exceed deposits |
Make sure the United Kingdom Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why United Kingdom Brokers needs to be regulated?
A regulated United Kingdom broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
United Kingdom brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
United Kingdom Brokers List
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. 67% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
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, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer 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, 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, Mac, Web Trader, cTrader, 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, 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, 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, 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
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
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, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
68% of retail investor accounts lose money when trading CFDs with this provider.