If you’re searching for the Best Forex Brokers in UK, this guide will help you choose trusted and regulated platforms. Finding the Best Forex Brokers in UK ensures your funds remain secure and your trading experience smooth. Searching for the best forex brokers in UK can feel like finding a needle in a haystack. Having personally tested 65 brokers, I have narrowed them down to the top 9 that deserve your attention in 2025.
When trading spread bets and CFDs, 73.7% of retail investor accounts lose money, so choosing the right forex trading platform is crucial. Based on my research, Pepperstone is the best UK forex broker overall with a score of 98/100. Despite this, there are other excellent options, such as OANDA, which has been in the industry for more than 30 years and is regulated by global Tier-1 regulators. Furthermore, eToro, with its 40 million traders, is a great choice if you are interested in copy trading. If you’re curious about whether copy trading suits your style, check out our detailed guide — Is Copy Trading Good for Beginners? — where we explain its pros, risks, and best strategies.
After testing several platforms, we’ve shortlisted the Best Forex Brokers in UK that meet all the standards of safety, regulation, and trading efficiency.
This guide lists the Best Forex Brokers in UK that are FCA regulated by the Financial Conduct Authority (FCA) and trusted by thousands of traders. Using this guide, you can navigate the top FCA-regulated forex brokers, including Pepperstone, OANDA, eToro, Plus500, IG Group, CMC Markets, XTB, City Index, and FxPro. Here are the details you need to make an informed choice about their platforms, spreads, features, and regulatory compliance.
Table of Contents
IG Markets
Image Source: IG
IG Markets continues to rank among the Best Forex Brokers in UK, trusted by thousands of traders for its tight spreads, advanced tools, and strong FCA regulation. With a sterling reputation among UK traders, IG Markets is a pioneer in the forex trading landscape. The world’s No. 1 provider of CFDs, IG provides an unparalleled combination of expertise, platform diversity, and market access.
Why IG Markets is Considered One of the Best Forex Brokers in UK?
With access to over 17,000 global markets, IG Markets offers traders unprecedented opportunities to diversify their portfolios. Additionally, traders can trade indices, commodities, stocks, and ETFs on the platform. Traders can trade major indices and forex pairs 24/7 even when traditional markets are closed. In addition, UK residents can take advantage of IG’s tax-free spread betting, making it a particularly attractive option for those seeking maximum profits.
The IG Academy offers interactive lessons to teach beginners about trading psychology, technical analysis, and macroeconomic concepts. Furthermore, traders can practice strategies risk-free using IG’s £10,000 demo account.
IG Markets trading platforms
In order to cater to the different needs of traders, IG offers a diverse range of trading platforms:
- Web Trading Platform: Easy-to-use interface with a typical execution time of 0.014 seconds
- Mobile Apps: Winners of the ADVFN International Financial Awards 2024 for iOS and Android
- MetaTrader 4 (MT4): Comes with 18 plugins and Autochartist for algorithmic trading
- ProRealTime: An advanced charting package with over 100 indicators for technical analysis
- L2 Dealer: A platform for professional traders to gain direct access to the market
- TradingView Integration: Smooth integration of advanced charting applications
As a matter of fact, IG’s trading technology won multiple awards in 2024, including “Best Platform for Active Traders” and “Best Multi-Platform Provider”.
IG Markets pricing & spreads
In addition to having competitive pricing, IG Markets has spreads starting at just 0.6 pips on major currency pairs. In the case of UK share CFDs, commissions range from 0.1% to 0.35% based on market capitalization. As a result, active traders benefit from tight spreads on standard contracts, although mini and micro contracts may have wider spreads.
In contrast to some competitors, IG does not charge a fee for deposits or withdrawals, but transactions with non-UK credit cards and debit cards below £100 are charged a fee of £15 each. Using relevant interbank rates for shares and indices and tom-next rates for forex, the platform calculates overnight funding fees for positions held after 10 pm UK time.
IG Markets regulation & safety
Trading with IG Markets is protected by the UK’s Financial Conduct Authority (FCA), which is closely regulated and overseen by IG Markets. Client funds are kept in segregated accounts at reputable banks, such as Barclays and Lloyds, to guarantee their safety.
Additionally, IG clients are protected by the Financial Services Compensation Scheme (FSCS), which guarantees up to £85,000 per person in the event of insolvency. To ensure the security of all financial transactions, the broker uses the same 256-bit SSL encryption as high street banks.
However, potential traders are advised to keep in mind that 67% of retail investor accounts lose money when they trade spread bets and CFDs with IG, highlighting the inherent risks of leveraged trading regardless of the quality of the platform.
CMC Markets
Image Source: www.cmcmarkets.com
CMC Markets has long been recognized among the best forex brokers in UK, providing traders with competitive pricing and deep liquidity. It has been a reputable forex broker for UK traders since its establishment in 1989. With over 30 years of experience on the London Stock Exchange, this FTSE 250 company offers competitive pricing and advanced trading technologies.
CMC Markets key features
CMC Markets offers a diverse offering of more than 12,000 financial instruments from a wide range of asset classes. A wide selection of products is available, including:
- Over 300 forex pairs – more than many competitors in the UK market
- 80+ global indices and 100+ commodities for diversified trading
- More than 9,000 shares and ETFs from international markets
- 50+ treasuries and 15 options for advanced portfolio strategies
The broker offers a variety of account types to suit different trading styles. UK traders can take advantage of its standard CFDs and spread betting accounts, since there are no stamp duties or capital gains taxes to pay. Traders with a serious focus on forex will appreciate the FX Active account, which offers spreads as low as 0.0 pips on six major currency pairs as well a fixed commission structure.
The fact that there’s no minimum deposit for opening an account makes it convenient for first-time traders. With CMC Markets’ comprehensive demo account, customers can test strategies before committing real funds.
CMC Markets trading platforms
In order to develop its award-winning proprietary platform, the broker has invested over £100 million. CMC Markets offers a variety of trading platforms, including:
- Next Generation Platform stands as their flagship web-based offering, featuring 80+ technical indicators, 40 drawing tools, and 60 attachable candlestick patterns. A variety of advanced tools, such as pattern recognition scanners, sentiment trackers, and Reuters news integration, are included.
- The MetaTrader 4 and 5 platforms are available for traders who prefer these industry-standard platforms. In MT4, there are approximately 220 instruments, while in MT5, there are approximately 2,220 instruments. With both platforms, you can trade using Expert Advisors and receive free premium indicators as well.
- Mobile Trading Apps for iOS and Android deliver a consistent trading experience on the go, offering mobile-optimized charts with 40 technical indicators and 15 drawing tools. In addition to customizable dashboards and push notifications, the apps allow you to place trades right from the charts and get price updates.
Furthermore, traders can access TradingView’s renowned charting platform with their CMC Markets account through TradingView.
CMC Markets pricing & spreads
With CMC Markets, you can trade major forex pairs starting at 0.7 points. With a spread of 0.0 pips on six major pairs and a commission of £1.99 per £79,416.01 notional value, the FX Active account is suitable for more active traders.
The broker offers traders a tiered-volume discount program called “Price+” where they can earn Trading Points and receive discounts on trading costs. For share CFDs, commissions vary by market, ranging from 2 cents per share for US stocks (minimum £7.94) to 0.10% for UK and European stocks (minimum £9/€9).
Even though the pricing with this provider is competitive, 67% of retail investor accounts lose money when spread betting and/or trading CFDs. In compliance with FCA regulations, retail clients are allowed 30:1 leverage.
CMC Markets has earned a reputation as one of the Best Forex Brokers in UK thanks to its award-winning Next Generation platform and transparent pricing structure.
CMC Markets regulation & safety
Both CMC Markets UK plc (173730) and CMC Spreadbet plc (170627) are regulated by the UK’s Financial Conduct Authority. As a result of this regulatory oversight, the broker adheres to strict financial standards and protects its clients.
Client funds are held in segregated accounts with major UK institutions such as NatWest, Barclays and Lloyds. By separating the funds of your account from the company’s operational funds, you are protected from the possibility of the broker going bankrupt.
If CMC Markets were to become insolvent, eligible UK clients would be protected up to £85,000 under the Financial Services Compensation Scheme (FSCS). Furthermore, the broker uses encryption protocols and two-factor authentication to keep personal and financial information safe.
In order to manage risk, CMC Markets offers guaranteed stop-loss orders, which let traders set precise exit levels and limit potential losses. These orders come with a small premium, though.
Pepperstone – Arguably the Best Forex Broker in UK for Scalpers
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Pepperstone is widely considered one of the Best Forex Brokers in UK for both scalpers and algorithmic traders. Founded in 2010, Pepperstone is widely regarded as the best forex broker in UK for overall performance, execution speed, and pricing. The broker has built an impressive reputation for its technological edge and competitive pricing despite its 750,000 traders worldwide and monthly trading volume exceeding £317.66 billion.
Pepperstone key features
The Pepperstone platform is known for its high execution quality, offering traders speeds as fast as 50 milliseconds with a 99.68% fill rate and no dealer intervention. With over 90 currency pairs available, traders can diversify their forex portfolios efficiently by trading majors, minors, exotics, and currency indices.
A notable feature of Pepperstone is the two types of accounts it offers: the commission-free Standard account with wider spreads and the Razor account with raw spreads plus commission. Islamic traders can request swap-free accounts.
Pepperstone does not require a minimum deposit, so it is accessible to all traders, regardless of their budget. Traders with high volumes can benefit from the Active Trader program, which rewards frequent activity with lower trading costs.
Pepperstone trading platforms
Pepperstone offers a versatile suite of trading platforms to suit various trading preferences:
- MetaTrader 4 & 5: Available in 38 languages with customizable indicators, EAs, and pattern-recognition software
- cTrader: Replicates institutional liquidity environments with advanced order types and the ability to develop trading robots
- TradingView: Features show-stopping charts with hundreds of built-in indicators and strategies
- Pepperstone Platform: Provides a streamlined, secure trading experience on both web and mobile
Indeed, traders can access approximately 1,350 instruments across these platforms, with mobile apps available for both Android and iOS devices ensuring trading flexibility on the go.
Pepperstone pricing & spreads
Pepperstone has a very competitive pricing structure, offering spreads starting at 0.0 pips on major currency pairs like EUR/USD. In terms of fees, the broker operates in a clear manner:
Trading on standard accounts is commission-free and spreads on EUR/USD average 1.1 pips, making them a good option for beginners. Razor accounts, on the other hand, feature ultra-low spreads but charge commissions of £2.78 per lot, making them attractive to scalpers and high-frequency traders.
On Razor accounts, Pepperstone’s spreads are typically 0.3 pips, while on Standard accounts it is 1.3 pips. Inactivity fees, deposits, or withdrawals are not charged by the broker, which further enhances its cost-effectiveness.
Pepperstone regulation & safety
Licensed and regulated by the Financial Conduct Authority of the UK (Registration Number 684312), Pepperstone Limited has the company number 08965105. As a result of this robust regulatory oversight, the broker maintains high standards of financial conduct and client protection.
Thus, tier-one banks hold client funds in segregated accounts, providing essential protection as they are kept separate from the company’s operations. Under the Financial Services Compensation Scheme (FSCS), UK traders are covered up to £85,000 per person.
Nevertheless, prospective traders should be aware that 72% of retail investor accounts lose money when trading spread bets and CFDs with Pepperstone, underscoring the inherent risks involved.
City Index
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City Index remains among the Best Forex Brokers in UK due to its long-standing credibility, competitive fees, and reliable customer support for active traders. As part of the NASDAQ-listed StoneX Group, City Index has built its reputation as one of the leading forex brokers in the UK with decades of market experience and technological innovation. Founded in 1983, this broker offers over 13,500 tradable products including CFDs, spread betting, and forex trading. Backed by the StoneX Group, City Index is often listed among the top 10 best forex brokers in UK for its stability and transparent pricing.
City Index key features
For forex traders seeking tight execution on major pairs like EUR/USD, GBP/USD, and USD/JPY, City Index provides institutional-grade liquidity. Aside from forex, they also offer over 4,700 global stocks, 40+ indices, and a variety of commodities. Its Price Improver technology, which automatically executes orders at better prices when markets are in your favor during processing, is without a doubt one of its most notable features.
In addition to spread betting and CFD trading, City Index offers tax-efficient spread betting for UK residents. First-time traders will appreciate the fact that there is no minimum deposit requirement for UK accounts, making it accessible regardless of their budget. You should, however, be aware that accounts inactive for one year or more will be charged £12 a month.
City Index trading platforms
City Index provides several sophisticated trading platforms:
- Web Trader: Their flagship browser-based platform featuring TradingView charts, customizable workspaces, and one-click trading functionality
- Mobile App: Award-winning application with quick-trading capabilities and advanced charting tools
- MetaTrader 4: Popular platform supporting automated trading through Expert Advisors
- TradingView Integration: Direct connection to TradingView’s powerful charting and analysis tools
Overall, their mobile offering stands out, earning the “Best Trading App” title at the 2024 Good Money Guide Awards. With all platforms synchronizing seamlessly, traders can switch from one device to another without losing positions or settings.
City Index pricing & spreads
There are both fixed spreads and variable spreads offered by City Index, depending on the market. In forex, the EUR/USD pair has a minimum spread of 0.7 points, with a typical average of 0.8 points. In general, index spreads start at 0.4 points on major markets like the S&P 500.
As for CFDs on US stocks, City Index charges 1.8 cents per share for US stocks and 0.08% on UK and European stocks (£10/€10 minimum). Overnight positions are subject to 2.5% financing charges +/- the regional benchmark.
City Index regulation & safety
The City Index is regulated and authorized by the Financial Conduct Authority (FCA), providing traders with robust protections, including negative balance protection. Funds from clients are held in segregated accounts separate from company assets.
If the broker becomes insolvent, UK traders are covered by the Financial Services Compensation Scheme up to £85,000 per person. City Index reports that 69% of retail investor accounts lose money when trading CFDs, highlighting the inherent risks of leveraged trading.
Saxo Markets
Image Source: Saxo Bank
Saxo Markets also stands out among the best forex brokers in UK for experienced investors seeking professional-grade trading tools. It offers UK forex traders 60,000+ instruments across global markets through its institutional-grade trading solutions. This Denmark-based broker caters primarily to experienced investors seeking advanced tools and varied market access. Traders execute over 260,000 trades daily.
Saxo Markets key features
Averaging less than 0.008 seconds for market orders, Saxo Markets distinguishes itself with lightning-fast execution speed. For retail traders, the broker implements negative balance protection to prevent losses beyond account funds. Unlike many competitors, Saxo uses a tiered margin methodology for forex products, adjusting margin requirements based on exposure.
The platform is structured around a tiered account system with escalating benefits:
- Essential: £500 minimum deposit with basic platform access
- Classic: £2,000 minimum for improved pricing and support
- Platinum: £50,000 minimum with tighter spreads and priority service
- VIP: £200,000+ for custom pricing and personal account management
Using Saxo’s customized orders, every trade has the potential to be improved, plus stops are triggered on the other side to prevent premature stopouts.
Saxo Markets trading platforms
Saxo delivers three primary trading platforms:
- SaxoTraderGo provides 50+ technical indicators and extensive charting capabilities on their flagship web and mobile platform. Using this platform, users will be able to navigate global markets intuitively.
- SaxoTraderPRO, A powerful trading platform that provides customized options and enhanced functionality for professionals seeking a deeper understanding of the market.
- For external integration, Saxo supports connections through OpenAPI, FIX API, and plugins including TradingView and MultiCharts, enabling traders to customize their trading environment.
Saxo Markets pricing & spreads
Saxo’s pricing structure is tiered, with rates improving with higher account levels. Among the major forex pairs, the Classic account offers spreads of 0.9 pips, the Platinum account offers 0.8 pips, and the VIP account offers 0.7 pips. On trades of less than 50,000 units, a commission of $3 is applied.
Saxo charges Tom/Next swap points plus financing interest on unrealized profits/losses on overnight positions. A mark-up rate of +/-0.75% is charged for Classic accounts and +/-0.45% for Platinum and VIP accounts.
Saxo Markets regulation & safety
A robust investor protection system is provided by Saxo Markets UK, which is regulated by the Financial Conduct Authority (FCA). Segregated accounts for client funds are maintained separately from company assets, and up to £85k is covered by the Financial Services Compensation Scheme for UK clients.
In spite of these protections, it is important to keep in mind that 67% of retail accounts lose money when trading CFDs with Saxo, which illustrates the inherent risks of leveraged trading.
eToro UK
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eToro earns its place among the Best Forex Brokers in UK for offering social trading features, allowing beginners to copy top-performing investors with ease. With a community of over 40 million users worldwide, eToro UK stands out as a pioneer in social trading. It enables investors to connect, share strategies, and even copy successful traders with a single click. First and foremost, this platform combines traditional forex trading with innovative social features, making it particularly appealing for beginners seeking guidance.
eToro UK key features
The eToro trading platform offers access to over 7,000 financial instruments across multiple asset classes. A unique feature of the platform is CopyTrader, which allows investors to automatically replicate top-performing traders’ trades. Additionally, eToro offers Smart Portfolios that combine trending assets with diversified exposure to tech, AI, and renewables.
UK traders can deposit as little as GBP 39.71 via bank transfer, making it accessible to those with limited capital. Inactive accounts are charged GBP 7.94 a month for inactivity.
eToro UK trading platforms
The eToro web trading platform provides a simple, intuitive interface designed to appeal to beginners as well as seasoned traders. It supports one-click trading as well as real-time social feeds where users can follow market sentiment in real time.
With their Android and iOS applications, traders are able to manage positions while on the go, seamlessly extending the web experience. Furthermore, eToro offers a specialized crypto wallet app with military-grade encryption that supports over 120 cryptocurrencies.
eToro UK pricing & spreads
EToro offers forex spreads starting at 1.0 pip on major pairs such as EUR/USD, AUD/USD, and GBP/USD. Your country of residence may impose a commission fee of 0.79 GBP or 1.59 GBP per trade on stock investments.
As mandated by UK regulations, UK stocks purchases are subject to a 0.5% Stamp Duty Reserve Tax. It costs GBP 3.97 to withdraw money from eToro, with a minimum withdrawal amount of GBP 23.82.
eToro UK regulation & safety
With Firm Reference Number 583263, eToro (UK) Ltd is fully authorized and regulated by the Financial Conduct Authority (FCA). In the case of insolvency, UK clients are protected up to £85,000 by the Financial Services Compensation Scheme (FSCS).
Your funds are held in segregated accounts at tier-1 European banks, ensuring they remain separate from the company’s operational assets. Two-factor authentication and SSL encryption are employed by the broker to ensure high standards of cybersecurity.
XTB
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XTB is regarded as one of the Best Forex Brokers in UK because of its intuitive xStation platform and excellent education resources for new traders. Globally, XTB boasts over 1.7 million investors. The broker positions itself as a cutting-edge provider with global reach. Forex traders of all levels can benefit from the comprehensive tools offered by this FCA-regulated broker, which was founded in 2002.
XTB key features
There are more than 10,900 instruments available on XTB, including stocks, ETFs, and CFDs. First, traders benefit from daily market news via push notifications, which inform them of market developments. Over 70 hours of learning content are available throughout XTB’s service offering. Alongside its trading capabilities, the broker offers interest on uninvested funds—4.5% for GBP, 4.2% for USD, and 2.3% for EUR. In addition to its 4-star Trustpilot rating, XTB has received over 1,900 reviews.
XTB trading platforms
The XTB xStation 5 platform is the centerpiece of the company’s trading ecosystem, available as a browser-based platform and a mobile app for iOS and Android devices. A unique feature of the platform is the ability to provide post-trade analysis showing where traders are profitable or losing money. A trader can simultaneously monitor sentiment indicators, use the heatmap feature, use the stock scanner, and view automatically updated “hot” watchlists showing where order flow is heading. All positions can be closed with a single click on the platform, which is clearly designed to increase efficiency.
XTB pricing & spreads
XTB offers two types of accounts: Standard and Pro. Standard accounts offer floating spreads starting from 0.9 pips without commission, while Pro accounts offer market-level spreads starting from 0 pips plus commission. Spreads on forex instruments can be as low as 0.8 pips, though pricing varies by instrument.
XTB regulation & safety
XTB Limited is fully licensed and regulated by the UK’s Financial Conduct Authority. The company’s operational funds are kept separate from client funds in segregated accounts. Traders in the UK are likely to find the Financial Services Compensation Scheme to be the most important form of protection, which covers up to £85,000 per person in the event of insolvency.
Plus500
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Plus500 continues to be recognized as one of the Best Forex Brokers in UK, popular among CFD traders for its simple interface and robust mobile app. It is a FTSE 250-listed forex broker with over 2,800 trading instruments and a presence in more than 60 countries. Since being founded in 2008, Plus500 has grown significantly, handling trades worth more than £635.33 billion.
Plus500 key features
Plus500 serves more than 30 million registered customers worldwide, offering trading instruments such as forex, indices, commodities, shares, ETFs, options, and cryptocurrencies. With a minimum deposit of just £79.42, it’s accessible to new traders. In addition to providing 24/7 customer service, Plus500 keeps platform and market data fees to a minimum. Plus500 offers retail traders and professionals higher leverage options up to 1:300, with the focus primarily on retail traders.
Plus500 trading platforms
Among Plus500’s offerings is its proprietary WebTrader platform, available as a web-based solution or as a downloadable application. WebTrader offers 114 indicators and over 20 drawing tools across 13 chart types. Despite this, the platform excels at user experience – its intuitive interface allows you to detach charts into new windows and display up to 25 chart at a time. iOS and Android apps maintain the same level of functionality as the desktop version.
Plus500 pricing & spreads
The Plus500 platform operates on a spread-based model without additional commissions. In comparison with industry leaders, the EUR/USD spread averages 1.3 pips. Overnight funding applies to positions held past specific times, calculated as follows: Trade Size × Opening Rate × Point Value × Daily Overnight Funding %. While deposits and withdrawals are usually free, inactive accounts are subject to a $10 monthly fee after three months.
Plus500 regulation & safety
In accordance with the Financial Conduct Authority’s (FCA #509909) regulations, Plus500UK Ltd is fully authorized and regulated. Segregated accounts hold client funds, and the Financial Services Compensation Scheme protects UK clients up to £85,000. It is important to note that 80% of accounts with this broker lose money when trading CFDs.
AvaTrade UK
Image Source: AvaTrade
AvaTrade deserves a mention among the Best Forex Brokers in UK for its versatile trading platforms, competitive leverage, and strong global regulatory framework. Despite not being directly regulated by the FCA, AvaTrade accepts UK clients through its Irish entity regulated by the Central Bank of Ireland. This broker manages over 2 million trades monthly with total trading volumes exceeding GBP 55.59 billion from offices in Europe, South Africa, and Asia-Pacific.
AvaTrade UK key features
In addition to forex, CFDs, commodities, stocks, ETFs, bonds, cryptocurrencies, and indices, AvaTrade offers access to more than 1,250 financial instruments. Currently, the platform serves 400,000 clients worldwide. Demo accounts are available at AvaTrade along with their standard CFD accounts for practice. In the UK, traders are protected against losses exceeding their deposited funds, as negative balance protection is available. It has a unique risk-protection tool called AvaProtect that allows traders to hedge specific positions against losses of up to GBP 0.79 million.
AvaTrade UK trading platforms
AvaTrade’s platform selection includes:
- WebTrader: Award-winning proprietary platform requiring no download
- MetaTrader 4/5: Supporting Expert Advisors and automated trading
- AvaTrade App: Mobile trading with advanced features and intuitive interface
- AvaOptions: Specialized platform for options trading
- AvaSocial: Copy trading platform to follow expert traders
AvaTrade UK pricing & spreads
With spreads starting from 0.9 pips on EUR/USD, the broker has competitive spreads available. Spreads include all costs and commissions for commission-free trading. Despite this, accounts dormant for 12 months will incur an additional GBP 100 annual administration fee if they remain inactive for three consecutive months.
AvaTrade UK regulation & safety
As of now, AvaTrade is authorized to service UK clients by the Central Bank of Ireland. Client funds are kept separate from the company’s operating funds in segregated accounts. To protect your financial information and personal information, AvaTrade uses 256-bit SSL encryption and McAfee Secure certification.
Here’s a quick look at how the Best Forex Brokers in UK compare in terms of spreads, regulation, and trading features.
Comparison Table of the Best Forex Brokers in UK
| Broker | Min Deposit | Trading Instruments | Starting Spreads (EUR/USD) | Trading Platforms | FCA Regulated | FSCS Protection |
|---|---|---|---|---|---|---|
| IG Markets | Not mentioned | 17,000+ | 0.6 pips | Web Platform, MT4, ProRealTime, L2 Dealer, TradingView, Mobile Apps | Yes | £85,000 |
| CMC Markets | £0 | 12,000+ | 0.7 points | Next Generation, MT4/MT5, TradingView, Mobile Apps | Yes | £85,000 |
| Pepperstone | £0 | 1,350+ | 0.0 pips (Razor account) | MT4/MT5, cTrader, TradingView, Pepperstone Platform | Yes | £85,000 |
| City Index | £0 | 13,500+ | 0.7 points | Web Trader, MT4, TradingView, Mobile App | Yes | £85,000 |
| Saxo Markets | £500 | 60,000+ | 0.9 pips | SaxoTraderGo, SaxoTraderPRO, OpenAPI | Yes | £85,000 |
| eToro UK | £39.71 | 7,000+ | 1.0 pips | Proprietary Platform, Mobile Apps | Yes | £85,000 |
| XTB | Not mentioned | 10,900+ | 0.9 pips | xStation 5, Mobile Apps | Yes | £85,000 |
| Plus500 | £79.42 | 2,800+ | 1.3 pips | WebTrader, Mobile Apps | Yes | £85,000 |
| AvaTrade UK | Not mentioned | 1,250+ | 0.9 pips | WebTrader, MT4/MT5, AvaOptions, AvaSocial | No* | Not mentioned |
*AvaTrade operates through Central Bank of Ireland regulation for UK clients
Conclusion
When choosing among the Best Forex Brokers in UK, focus on regulation, spreads, and platform stability. Choosing the best forex broker in UK is essential for your trading success. The right platform can make a huge difference in execution speed, spreads, and overall profitability. It is definitely important that you choose the right forex broker for your trading journey. Among the 9 FCA-regulated forex brokers in the UK, Pepperstone stands out for its impressive 98/100 score, ultra-fast execution speeds, and competitive pricing. The brokers on this list, however, offer different advantages based on your trading needs.
First-time traders may appreciate eToro’s social trading features or CMC Markets’ extensive educational materials. Meanwhile, advanced traders can benefit from Saxo Markets’ institutional-grade tools or IG Markets’ diverse platform options. No matter your level of experience, FCA regulations provide essential protections such as segregated client funds and FSCS coverage up to £85,000.
Although these platforms offer excellent trading conditions, 67-80% of retail investor accounts lose money when trading CFDs and spread bets. It is therefore advisable to start with a demo account before committing real money to a strategy.
Based on regulation, trading tools, and reliability, Pepperstone, IG Markets, and CMC Markets remain the best forex brokers in UK.
Lastly, consider factors other than spreads and platforms when trying to achieve long-term trading success. These factors include quality customer service, educational materials, and execution reliability. You should find a broker who aligns with your trading style, capital requirements, and financial objectives. Now that you’ve read this guide, you’re equipped with the knowledge you need to make an informed decision and start your forex trading career with confidence.
To succeed in trading, always start with the Best Forex Brokers in UK that are regulated and offer strong customer support. Each broker listed here has been carefully selected as one of the Best Forex Brokers in UK for 2025.
